COVID recession pushed Social Security insolvency up a year
WASHINGTON (AP) — The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday in a counterintuitive assessment that deepens the uncertainty around the nation's bedrock retirement programs.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 2 MONTHS AGO
COVID recession pushed Social Security insolvency up a year
WASHINGTON (AP) — The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday in a counterintuitive assessment that deepens the uncertainty around the nation's bedrock retirement programs.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 2 MONTHS AGO
COVID recession pushed Social Security insolvency up a year
WASHINGTON (AP) — The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday in a counterintuitive assessment that deepens the uncertainty around the nation's bedrock retirement programs.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 2 MONTHS AGO
COVID recession pushed Social Security insolvency up a year
WASHINGTON (AP) — The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday in a counterintuitive assessment that deepens the uncertainty around the nation's bedrock retirement programs.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 2 MONTHS AGO
Yellen: US regulators to assess risk posed by climate change
WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen says
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 4 MONTHS AGO
Yellen: US regulators to assess risk posed by climate change
WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen says
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 4 MONTHS AGO
Yellen: US regulators to assess risk posed by climate change
WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen says
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 4 MONTHS AGO
Yellen: US regulators to assess risk posed by climate change
WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen says
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 4 MONTHS AGO
Yellen says economic recovery likely to be 'bumpy'
WASHINGTON (AP) — Treasury Secretary Janet Yellen says that the economic recovery is going to be “bumpy” with high inflation readings likely to last through the end of this year.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 5 MONTHS AGO
Yellen says economic recovery likely to be 'bumpy'
WASHINGTON (AP) — Treasury Secretary Janet Yellen says that the economic recovery is going to be “bumpy” with high inflation readings likely to last through the end of this year.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 5 MONTHS AGO
Yellen says economic recovery likely to be 'bumpy'
WASHINGTON (AP) — Treasury Secretary Janet Yellen says that the economic recovery is going to be “bumpy” with high inflation readings likely to last through the end of this year.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 5 MONTHS AGO
Yellen says economic recovery likely to be 'bumpy'
WASHINGTON (AP) — Treasury Secretary Janet Yellen says that the economic recovery is going to be “bumpy” with high inflation readings likely to last through the end of this year.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 5 MONTHS AGO
Yellen, Powell say more needed to limit US economic damage
WASHINGTON (AP) — Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell told Congress on Tuesday that more must be done to limit the economic damage from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 7 MONTHS AGO
Yellen, Powell say more needed to limit US economic damage
WASHINGTON (AP) — Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell told Congress on Tuesday that more must be done to limit the economic damage from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 7 MONTHS AGO
Yellen, Powell say more needed to limit US economic damage
WASHINGTON (AP) — Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell told Congress on Tuesday that more must be done to limit the economic damage from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 7 MONTHS AGO
Treasury: $242 billion in new relief payments already sent
WASHINGTON (AP) — The Treasury Department says it has sent out 90 million economic impact payments totaling $242 billion since President Joe Biden signed a $1.9 trillion pandemic relief plan last week.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
Fed expects to keep its key rate near zero through 2023
WASHINGTON (AP) — The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about potentially higher inflation.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
Treasury: $242 billion in new relief payments already sent
WASHINGTON (AP) — The Treasury Department says it has sent out 90 million economic impact payments totaling $242 billion since President Joe Biden signed a $1.9 trillion pandemic relief plan last week.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
Fed expects to keep its key rate near zero through 2023
WASHINGTON (AP) — The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about potentially higher inflation.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
Treasury: $242 billion in new relief payments already sent
WASHINGTON (AP) — The Treasury Department says it has sent out 90 million economic impact payments totaling $242 billion since President Joe Biden signed a $1.9 trillion pandemic relief plan last week.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
Fed expects to keep its key rate near zero through 2023
WASHINGTON (AP) — The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about potentially higher inflation.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
IRS says new round of COVID relief payments on the way
WASHINGTON (AP) — Along with daylight saving time, this weekend could bring some Americans fatter bank balances.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
IRS says new round of COVID relief payments on the way
WASHINGTON (AP) — Along with daylight saving time, this weekend could bring some Americans fatter bank balances.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
IRS says new round of COVID relief payments on the way
WASHINGTON (AP) — Along with daylight saving time, this weekend could bring some Americans fatter bank balances.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
IRS says new round of COVID relief payments on the way
WASHINGTON (AP) — Along with daylight saving time, this weekend could bring some Americans fatter bank balances.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
Yellen: Biden's plan could restore full employment by 2022
WASHINGTON (AP) — Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden’s $1.9 trillion relief plan could generate enough growth to restore full employment by next year.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen: Biden's plan could restore full employment by 2022
WASHINGTON (AP) — Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden’s $1.9 trillion relief plan could generate enough growth to restore full employment by next year.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen: Biden's plan could restore full employment by 2022
WASHINGTON (AP) — Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden’s $1.9 trillion relief plan could generate enough growth to restore full employment by next year.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen: Biden's plan could restore full employment by 2022
WASHINGTON (AP) — Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden’s $1.9 trillion relief plan could generate enough growth to restore full employment by next year.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen warns of 'tough months' ahead, urges congress to act
WASHINGTON (AP) — Treasury Secretary Janet Yellen warned of “tough months ahead” with COVID-19 continuing to flare, making it critical that Congress pass President Joe Biden's $1.9 trillion relief package.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen warns of 'tough months' ahead, urges congress to act
WASHINGTON (AP) — Treasury Secretary Janet Yellen warned of “tough months ahead” with COVID-19 continuing to flare, making it critical that Congress pass President Joe Biden's $1.9 trillion relief package.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen says 'tough months' ahead, more relief needed
WASHINGTON (AP) — Treasury Secretary Janet Yellen says there are “tough months ahead” for the country with COVID-19 continuing to flare, making it critical that Congress pass President Joe Biden's $1.9 trillion relief package.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen says Treasury focus to help nation reeling from virus
WASHINGTON (AP) — Janet Yellen, sworn in Tuesday as the nation's 78th Treasury secretary and the first woman to hold the office, said in a message to the department's 84,000 employees that they would play a major role in addressing the country's biggest economic challenges.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Janet Yellen wins Senate approval as treasury secretary
WASHINGTON (AP) — The Senate on Monday approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job in the department's 232-year history.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Effort to put Tubman on $20 bill restarted under Biden
WASHINGTON (AP) — With a change of administrations, it looks like Harriet Tubman is once again headed to the front of the $20 bill.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen says Treasury focus to help nation reeling from virus
WASHINGTON (AP) — Janet Yellen, sworn in Tuesday as the nation's 78th Treasury secretary and the first woman to hold the office, said in a message to the department's 84,000 employees that they would play a major role in addressing the country's biggest economic challenges.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen says Treasury focus to help nation reeling from virus
WASHINGTON (AP) — Janet Yellen, sworn in Tuesday as the nation's 78th Treasury secretary and the first woman to hold the office, said in a message to the department's 84,000 employees that they would play a major role in addressing the country's biggest economic challenges.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Janet Yellen wins Senate approval as treasury secretary
WASHINGTON (AP) — The Senate on Monday approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job in the department's 232-year history.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Effort to put Tubman on $20 bill restarted under Biden
WASHINGTON (AP) — With a change of administrations, it looks like Harriet Tubman is once again headed to the front of the $20 bill.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Effort to put Tubman on $20 bill restarted under Biden
WASHINGTON (AP) — With a change of administrations, it looks like Harriet Tubman is once again headed to the front of the $20 bill.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Janet Yellen wins Senate approval as treasury secretary
WASHINGTON (AP) — The Senate on Monday approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job in the department's 232-year history.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
Yellen pushes GOP senators on $1.9 trillion relief package
WASHINGTON (AP) — Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of U.S. budget deficits.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Yellen pushes GOP senators on $1.9 trillion relief package
WASHINGTON (AP) — Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of U.S. budget deficits.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Pandemic support at center of Yellen confirmation hearing
WASHINGTON (AP) — The Senate Finance Committee has begun its confirmation hearing for Treasury Secretary-nominee Janet Yellen with Democrats and Republicans squaring off immediately over how much more support the economy, hammered during the pandemic, requires.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US budget deficit up 60.7% in first 3 months of budget year
WASHINGTON (AP) — The U.S. government's deficit in the first three months of the budget year was a record-breaking $572.9 billion, 60.7% higher than the same period a year ago, as spending to deal with the COVID-19 pandemic surged while revenue declined.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Fed survey finds economy slowing in some areas of country
WASHINGTON (AP) — A Federal Reserve survey of U.S. business conditions has found modest economic gains at the start of the year, although some parts of the country saw slowdowns stemming from a renewed surge of COVID-19 cases.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Fed survey finds economy slowing in some areas of country
WASHINGTON (AP) — A Federal Reserve survey of U.S. business conditions has found modest economic gains at the start of the year, although some parts of the country saw slowdowns stemming from a renewed surge of COVID-19 cases.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US budget deficit up 60.7% in first 3 months of budget year
WASHINGTON (AP) — The U.S. government's deficit in the first three months of the budget year was a record-breaking $572.9 billion, 60.7% higher than the same period a year ago, as spending to deal with the COVID-19 pandemic surged while revenue declined.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Consumer prices up 0.4% in December led by higher gas prices
WASHINGTON (AP) — U.S. consumer prices rose 0.4% in December, led by a sharp rise in gasoline prices.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Yellen's Senate confirmation hearing set for Jan. 19
WASHINGTON (AP) — The Senate Finance Committee announced Tuesday that it will hold a confirmation hearing for Treasury Secretary-nominee Janet Yellen on Jan. 19.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Yellen's Senate confirmation hearing set for Jan. 19
WASHINGTON (AP) — The Senate Finance Committee announced Tuesday that it will hold a confirmation hearing for Treasury Secretary-nominee Janet Yellen on Jan. 19.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Yellen's Senate confirmation hearing expected Jan. 19
WASHINGTON (AP) — The Senate Finance Committee is expected to hold a confirmation hearing for Treasury Secretary-nominee Janet Yellen on Jan. 19, two sources familiar with the planning said Tuesday.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US consumer credit up 4.4% in November, best in 5 months
WASHINGTON (AP) — U.S. consumer borrowing rose 4.4% in November, its strongest showing in five months, led by strong gains in auto and student loans that offset a drop in credit card borrowing.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US consumer credit up 4.4% in November, best in 5 months
WASHINGTON (AP) — U.S. consumer borrowing rose 4.4% in November, its strongest showing in five months, led by strong gains in auto and student loans that offset a drop in credit card borrowing.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Fed transcripts show doubts about need for 2015 rate hike
WASHINGTON (AP) — Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were making a mistake in raising a key interest rate for the first time in nearly decade.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US consumer credit up 4.4% in November, best in 5 months
WASHINGTON (AP) — U.S. consumer borrowing rose 4.4% in November, its strongest showing in five months, led by strong gains in auto and student loans that offset a drop in credit card borrowing.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Fed transcripts show doubts about need for 2015 rate hike
WASHINGTON (AP) — Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were making a mistake in raising a key interest rate for the first time in nearly decade.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US consumer credit up 4.4% in November, best in 5 months
WASHINGTON (AP) — U.S. consumer borrowing rose 4.4% in November, its strongest showing in five months, led by strong gains in auto and student loans that offset a drop in credit card borrowing.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Fed transcripts show doubts about need for 2015 rate hike
WASHINGTON (AP) — Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were making a mistake in raising a key interest rate for the first time in nearly decade.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US trade deficit jumps to $68.1 billion in November
WASHINGTON (AP) — The U.S. trade deficit jumped to $68.1 billion in November, the highest monthly deficit in 14 years, as a surge in imports overwhelmed a smaller increase in exports.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Fed supported advance notice before changing bond purchases
WASHINGTON (AP) — Federal Reserve officials last month supported providing advance notice before the central bank makes changes to its $120 billion in monthly bond purchases.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US trade deficit jumps to $68.1 billion in November
WASHINGTON (AP) — The U.S. trade deficit jumped to $68.1 billion in November, the highest monthly deficit in 14 years, as a surge in imports overwhelmed a smaller increase in exports.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Fed supported advance notice before changing bond purchases
WASHINGTON (AP) — Federal Reserve officials last month supported providing advance notice before the central bank makes changes to its $120 billion in monthly bond purchases.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Fed supported advance notice before changing bond purchases
WASHINGTON (AP) — Federal Reserve officials last month supported providing advance notice before the central bank makes changes to its $120 billion in monthly bond purchases.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US factories grew in December at fastest pace since mid-2018
WASHINGTON (AP) — American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
World Bank sees subdued recovery in 2021 and plenty of risk
WASHINGTON (AP) — The global economy will experience a subdued recovery this year from the devastating pandemic, the World Bank predicted Tuesday, but it warned that the near-term outlook is highly uncertain and growth could be imperiled if coronavirus infections and delays in the rollout of vaccines continue.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
World Bank sees subdued recovery in 2021 and plenty of risk
WASHINGTON (AP) — The global economy will experience a subdued recovery this year from the devastating pandemic, the World Bank predicted Tuesday, but it warned that the near-term outlook is highly uncertain and growth could be imperiled if coronavirus infections and delays in the rollout of vaccines continue.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US factories grew in December at fastest pace since mid-2018
WASHINGTON (AP) — American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US construction spending increases solid 0.9% in November
WASHINGTON (AP) — Spending on U.S. construction projects increased 0.9% in November as strength in home building offset weakness in other parts of the construction industry.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US construction spending increases solid 0.9% in November led by strong gain in home building
WASHINGTON (AP) — US construction spending increases solid 0.9% in November led by strong gain in home building.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Jobless claims down 19,000, still 4 times pre-pandemic level
WASHINGTON (AP) — The number of Americans seeking unemployment benefits last week fell by 19,000 to 787,000, still a historically high level as a resurgent coronavirus maintains its grip on the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Jobless claims down 19,000, still 4 times pre-pandemic level
WASHINGTON (AP) — The number of Americans seeking unemployment benefits last week fell by 19,000 to 787,000, still a historically high level as a resurgent coronavirus maintains its grip on the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Jobless claims down 19,000, still 4 times pre-pandemic level
WASHINGTON (AP) — The number of Americans seeking unemployment benefits last week fell by 19,000 to 787,000, still a historically high level as a resurgent coronavirus maintains its grip on the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Jobless claims down 19,000, still 4 times pre-pandemic level
WASHINGTON (AP) — The number of Americans seeking unemployment benefits last week fell by 19,000 to 787,000, still a historically high level as a resurgent coronavirus maintains its grip on the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Claims for jobless benefits fall to 787,000, down 19,000
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell by 19,000 but remain elevated at 787,000 as a resurgent coronavirus grips the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Consumer spending drops 0.4%, first decline since April
WASHINGTON (AP) — U.S. consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Orders for big-ticket manufactured goods up 0.9% in November
WASHINGTON (AP) — Orders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Consumer spending drops 0.4%, first decline since April
WASHINGTON (AP) — U.S. consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Orders for big-ticket manufactured goods up 0.9% in November
WASHINGTON (AP) — Orders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Report: March turbulence shows need for financial reforms
WASHINGTON (AP) — A top government financial oversight panel says that the turbulence in financial markets last spring has exposed problems in the operation of money market funds that will need to be corrected before the next crisis hits.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Orders for big-ticket manufactured goods up 0.9% in November
WASHINGTON (AP) — Orders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Consumer spending drops 0.4%, first decline since April
WASHINGTON (AP) — U.S. consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Report: March turbulence shows need for financial reforms
WASHINGTON (AP) — A top government financial oversight panel says that the turbulence in financial markets last spring has exposed problems in the operation of money market funds that will need to be corrected before the next crisis hits.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
Report: March turbulence shows need for financial reforms
WASHINGTON (AP) — A top government financial oversight panel says that the turbulence in financial markets last spring has exposed problems in the operation of money market funds that will need to be corrected before the next crisis hits.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
US brands Vietnam, Switzerland as currency manipulators
WASHINGTON (AP) — The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators while putting China and nine other countries on a watch list in an annual report designed to halt countries from manipulating their currencies to gain unfair trade advantages.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Fed keeps rate near zero but sees brighter economy in 2021
WASHINGTON (AP) — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Fed keeps rate near zero but sees brighter economy in 2021
WASHINGTON (AP) — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US brands Vietnam, Switzerland as currency manipulators
WASHINGTON (AP) — The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators while putting China and nine other countries on a watch list in an annual report designed to halt countries from manipulating their currencies to gain unfair trade advantages.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US industrial production up 0.4% in November with auto boost
WASHINGTON (AP) — U.S. industrial production increased 0.4% in November with manufacturing receiving a boost from a rebound in output at auto plants after three months of declines.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US industrial production up 0.4% in November with auto boost
WASHINGTON (AP) — U.S. industrial production increased 0.4% in November with manufacturing receiving a boost from a rebound in output at auto plants after three months of declines.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Inflation still a no-show, US wholesale prices up just 0.1%
WASHINGTON (AP) — U.S. wholesale prices edged up just 0.1% in November with the economic disruption from the pandemic continuing to suppress demand and keeping inflation at extremely low levels.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Inflation still a no-show, US wholesale prices up just 0.1%
WASHINGTON (AP) — U.S. wholesale prices edged up just 0.1% in November with the economic disruption from the pandemic continuing to suppress demand and keeping inflation at extremely low levels.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Inflation still a no-show, US wholesale prices up just 0.1%
WASHINGTON (AP) — U.S. wholesale prices edged up just 0.1% in November with the economic disruption from the pandemic continuing to suppress demand and keeping inflation at extremely low levels.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US budget deficit up 25.1% in first 2 months of budget year
WASHINGTON (AP) — The U.S. government's deficit in the first two months of the budget year ran 25.1% higher than the same period a year ago as spending to deal with the COVID pandemic soared while tax revenues fell.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
November consumer prices up 0.2% as energy costs rise
WASHINGTON (AP) — U.S. consumer prices edged up 0.2% in November as a rise in the cost of energy and a number of other goods offset a drop in food costs.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US budget deficit up 25.1% in first 2 months of budget year
WASHINGTON (AP) — The U.S. government's deficit in the first two months of the budget year ran 25.1% higher than the same period a year ago as spending to deal with the COVID pandemic soared while tax revenues fell.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
November consumer prices up 0.2% as energy costs rise
WASHINGTON (AP) — U.S. consumer prices edged up 0.2% in November as a rise in the cost of energy and a number of other goods offset a drop in food costs.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US productivity increased at 4.6% rate in third quarter
WASHINGTON (AP) — U.S. productivity increased at a solid 4.6% pace in the July-September quarter, slightly below the initial estimate, while labor costs fell at a slower pace.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US productivity increased at 4.6% rate in third quarter
WASHINGTON (AP) — U.S. productivity increased at a solid 4.6% pace in the July-September quarter, slightly below the initial estimate, while labor costs fell at a slower pace.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Fed and Treasury urge Congress to approve more virus relief
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin urged Congress to approve COVID-19 relief funds without further delay, though Democrats continued to attack a decision by Mnuchin to allow five Fed lending programs to expire during the pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Fed reports slowing US economic activity due to virus surge
WASHINGTON (AP) — A Federal Reserve survey of business conditions around the country found that economic activity in several regions slowed in November as coronavirus cases surged.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Fed reports slowing US economic activity due to virus surge
WASHINGTON (AP) — A Federal Reserve survey of business conditions around the country found that economic activity in several regions slowed in November as coronavirus cases surged.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Fed and Treasury urge Congress to approve more virus relief
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin urged Congress to approve COVID-19 relief funds without further delay, though Democrats continued to attack a decision by Mnuchin to allow five Fed lending programs to expire during the pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Mnuchin defends shut down of Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin is defending his decision to close down a number of emergency Federal Reserve loan programs at a time when coronavirus cases are surging.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Mnuchin defends shut down of Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin is defending his decision to close down a number of emergency Federal Reserve loan programs at a time when coronavirus cases are surging.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
GAO says weekly unemployment benefits report flawed
WASHINGTON (AP) — A government watchdog has found that the Labor Department’s widely watched weekly unemployment benefits data are providing an inaccurate reading on the number of newly laid off workers because of flaws in the government’s data collection.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Powell says pace of economic improvement has moderated
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says that the pace of improvement in the economy has moderated in recent months with future prospects remaining “extraordinarily uncertain.”
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Powell says pace of economic improvement has moderated
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says that the pace of improvement in the economy has moderated in recent months with future prospects remaining “extraordinarily uncertain.”
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
GAO says weekly unemployment benefits report flawed
WASHINGTON (AP) — A government watchdog has found that the Labor Department’s widely watched weekly unemployment benefits data are providing an inaccurate reading on the number of newly laid off workers because of flaws in the government’s data collection.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US economy surges by record 33.1% in Q3
WASHINGTON (AP) — The U.S. economy rebounded at a record pace of 33.1% in the July-September quarter, unchanged from the first estimate a month ago. But a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some economists even raising the specter of a …
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Picture of US economy is worrisome as virus inflicts damage
WASHINGTON (AP) — Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recovery from the pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
As economy struggles, Fed weighs boosting bond purchases
WASHINGTON (AP) — At their meeting earlier this month, Federal Reserve officials discussed possible future adjustments to the central bank's monthly bond purchases to boost the economy.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Slight gain of 1.3% in October for manufactured goods
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods showed a modest gain in October but much of the strength came from a big jump in orders for military equipment.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Consumer spending up a slight 0.5% as virus maintains grip
WASHINGTON (AP) — U.S. consumers increased their spending by a sluggish 0.5% last month, the weakest rise since April, when the pandemic first erupted, and a sign that Americans remain wary with the virus resurging across the country and threatening the economy.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
As economy struggles, Fed weighs boosting bond purchases
WASHINGTON (AP) — At their meeting earlier this month, Federal Reserve officials discussed possible future adjustments to the central bank's monthly bond purchases to boost the economy.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Picture of US economy is worrisome as virus inflicts damage
WASHINGTON (AP) — Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recovery from the pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Unchanged from early estimate, US economy grew 33.1% in Q3
WASHINGTON (AP) — The second of three estimates on U.S. growth for the July-September quarter was unchanged at a record pace of 33.1%. But a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some economists even raising the specter of a double-dip recession.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Consumer spending up a slight 0.5% as virus maintains grip
WASHINGTON (AP) — U.S. consumers increased their spending by a sluggish 0.5% last month, the weakest rise since April, when the pandemic first erupted, and a sign that Americans remain wary with the virus resurging across the country and threatening the economy.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Slight gain of 1.3% in October for manufactured goods
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods showed a modest gain in October but much of the strength came from a big jump in orders for military equipment.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US economy surges by record 33.1% in Q3
WASHINGTON (AP) — The U.S. economy rebounded at a record pace of 33.1% in the July-September quarter, unchanged from the first estimate a month ago. But a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some economists even raising the specter of a …
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Modest gain of 1.3% in October for manufactured goods
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods showed a modest gain in October with a key category that tracks business investment also showing weakness.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US economy surges by record xx.x% in Q3
WASHINGTON (AP) — The U.S. economy rebounded at a record pace of 33.1% in the July-September quarter, unchanged from the first estimate a month ago. But a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some economists even raising the specter of a …
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US consumer confidence drops to 96.1 as virus spreads
WASHINGTON (AP) — U.S. consumer confidence fell to a reading of 96.1 in November as rising coronavirus cases pushed American optimism down to the lowest level since August.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
US consumer confidence drops to 96.1 as virus spreads
WASHINGTON (AP) — U.S. consumer confidence fell to a reading of 96.1 in November as rising coronavirus cases pushed American optimism down to the lowest level since August.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Mnuchin denies trying to limit Biden's economic options
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied on Friday that he is attempting to limit President-elect Joe Biden's options for reviving the pandemic-damaged economy by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
Mnuchin rejects renewal of some Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not extend several emergency loan programs set up with the Federal Reserve, an action that could hamper the ability of the incoming Biden administration to gain important economic support from the central bank to deal with the ongoing pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Report: Millions of full-time US workers get government aid
WASHINGTON (AP) — Millions of Americans who are working full-time jobs still rely on federal health care and food assistance programs because of low wages, a bipartisan congressional watchdog says.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Mnuchin denies trying to limit Biden's economic options
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied on Friday that he is attempting to limit President-elect Joe Biden's options for reviving the pandemic-damaged economy by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Mnuchin rejects renewal of some Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not extend several emergency loan programs set up with the Federal Reserve, an action that could hamper the ability of the incoming Biden administration to gain important economic support from the central bank to deal with the ongoing pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Report: Millions of full-time US workers get government aid
WASHINGTON (AP) — Millions of Americans who are working full-time jobs still rely on federal health care and food assistance programs because of low wages, a bipartisan congressional watchdog says.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Mnuchin denies trying to limit Biden's economic options
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied on Friday that he is attempting to limit President-elect Joe Biden's options for reviving the pandemic-damaged economy by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Mnuchin denies trying to limit Biden's economic options
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied on Friday that he is attempting to limit President-elect Joe Biden's options for reviving the pandemic-damaged economy by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Mnuchin denies trying to hinder incoming administration
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied that he is attempting to limit the choices President-elect Joe Biden will have to promote an economic recovery by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Mnuchin denies he's trying to hinder incoming administration
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied that he is attempting to limit the choices President-elect Joe Biden will have to promote an economic recovery by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Mnuchin rejects renewal of some Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not extend several emergency loan programs set up with the Federal Reserve, an action that could hamper the ability of the incoming Biden administration to gain important economic support from the central bank to deal with the ongoing pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Report: Millions of full-time US workers get government aid
WASHINGTON (AP) — Millions of Americans who are working full-time jobs still rely on federal health care and food assistance programs because of low wages, a bipartisan congressional watchdog says.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
IMF director: virus could disrupt global recovery
WASHINGTON (AP) — The head of the International Monetary Fund said Thursday that the while the United States and other major economies turned in better-than-expected economic performances in the third quarter, the world now faces slower momentum with a resurgence in coronavirus cases.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Report: Millions of full-time US workers get government aid
WASHINGTON (AP) — Millions of Americans who are working full-time jobs still rely on federal health care and food assistance programs because of low wages, a bipartisan congressional watchdog says.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Mnuchin rejects renewal of some Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not extend several emergency loan programs set up with the Federal Reserve, an action that could hamper the ability of the incoming Biden administration to gain important economic support from the central bank to deal with the ongoing pandemic.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
IMF director: virus could disrupt global recovery
WASHINGTON (AP) — The head of the International Monetary Fund said Thursday that the while the United States and other major economies turned in better-than-expected economic performances in the third quarter, the world now faces slower momentum with a resurgence in coronavirus cases.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Wholesale prices rise 0.3%, but inflation not the worry now
WASHINGTON (AP) — U.S. wholesale prices rose moderately in October as food costs jumped by the largest amount in five months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US piles up record October budget deficit of $284.1 billion
WASHINGTON (AP) — The U.S. is starting the 2021 budget year the way the old year ended, with soaring deficits.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Wholesale prices rise 0.3%, but inflation not the worry now
WASHINGTON (AP) — U.S. wholesale prices rose moderately in October as food costs jumped by the largest amount in five months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Wholesale prices rise 0.3%, but inflation not the worry now
WASHINGTON (AP) — U.S. wholesale prices rose moderately in October as food costs jumped by the largest amount in five months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US wholesale prices up 0.3% in October
WASHINGTON (AP) — U.S. wholesale prices rose moderately in October as food costs jumped by the largest amount in five months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer prices unchanged in October, lowest in 5 months
WASHINGTON (AP) — U.S. consumer prices were unchanged in October, the lowest reading in five months and an indication that a price spike over the summer is beginning to fade as coronavirus cases begin to spread.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US piles up record October budget deficit of $284.1 billion
WASHINGTON (AP) — The U.S. is starting the 2021 budget year the way the old year ended, with soaring deficits.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US piles up record October budget deficit of $284.1 billion
WASHINGTON (AP) — The U.S. is starting the 2021 budget year the way the old year ended, with soaring deficits.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer prices unchanged in October, lowest in 5 months
WASHINGTON (AP) — U.S. consumer prices were unchanged in October, the lowest reading in five months and an indication that a price spike over the summer is beginning to fade as coronavirus cases begin to spread.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer borrowing up $16.2 billion in September
WASHINGTON (AP) — U.S. consumers increased their borrowing in September, helped by the first gain in the category that covers credit cards in seven months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer borrowing up $16.2 billion in September
WASHINGTON (AP) — U.S. consumers increased their borrowing in September, helped by the first gain in the category that covers credit cards in seven months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed signals readiness to do more for economy as virus rages
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday and signaled its readiness to do more if needed to support an economy under threat from a worsening coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer borrowing up $16.2 billion in September
WASHINGTON (AP) — U.S. consumers increased their borrowing in September, helped by the first gain in the category that covers credit cards in seven months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer borrowing up $16.2 billion in September
WASHINGTON (AP) — U.S. consumers increased their borrowing in September, helped by the first gain in the category that covers credit cards in seven months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed signals readiness to do more for economy as virus rages
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday and signaled its readiness to do more if needed to support an economy under threat from a worsening coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US productivity increases 4.9% in third quarter
WASHINGTON (AP) — U.S. productivity increased between July and September, but at a slower pace than in the previous quarter.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed signals readiness to do more for economy as virus rages
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday and signaled its readiness to do more if needed to support an economy under threat from a worsening coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US productivity increases 4.9% in third quarter
WASHINGTON (AP) — U.S. productivity increased between July and September, but at a slower pace than in the previous quarter.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed confronts a shaky US economy that likely needs more help
WASHINGTON (AP) — Federal Reserve officials are meeting this week with the economy facing growing threats from a resurgence of the coronavirus and from Congress' failure to provide any further aid for struggling individuals and businesses.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed confronts a shaky US economy that likely needs more help
WASHINGTON (AP) — Federal Reserve officials are meeting this week with the economy facing growing threats from a resurgence of the coronavirus and from Congress' failure to provide any further aid for struggling individuals and businesses.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US manufacturing activity at highest levels in two years
WASHINGTON (AP) — U.S. manufacturing posted a strong gain in October to the highest level in two years even as coronavirus cases have begun to surge again in many parts of the country.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Treasury projects borrowing $617 billion in current quarter
WASHINGTON (AP) — The U.S. Treasury is projecting that it will need to borrow $617 billion in the final three months of 2020 as the government boosts the sale of Treasury securities to cover record budget deficits.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US manufacturing activity at highest levels in two years
WASHINGTON (AP) — U.S. manufacturing posted a strong gain in October to the highest level in two years even as coronavirus cases have begun to surge again in many parts of the country.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Treasury projects borrowing $617 billion in current quarter
WASHINGTON (AP) — The U.S. Treasury is projecting that it will need to borrow $617 billion in the final three months of 2020 as the government boosts the sale of Treasury securities to cover record budget deficits.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Treasury projects borrowing $617 billion in current quarter
WASHINGTON (AP) — The U.S. Treasury is projecting that it will need to borrow $617 billion in the final three months of 2020 as the government boosts the sale of Treasury securities to cover record budget deficits.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US manufacturing activity at highest levels in two years
WASHINGTON (AP) — U.S. manufacturing posted a strong gain in October to the highest level in two years even as coronavirus cases have begun to surge again in many parts of the country.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer spending rose a moderate 1.4% in September
WASHINGTON (AP) — U.S. consumers increased their spending by 1.4% in September, a modest gain but far less than the big increases of late spring, adding to concerns that Americans remain cautious with the viral pandemic resurging across the country and impeding the economy.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer spending rose a moderate 1.4% in September
WASHINGTON (AP) — U.S. consumers increased their spending by 1.4% in September, a modest gain but far less than the big increases of late spring, adding to concerns that Americans remain cautious with the viral pandemic resurging across the country and impeding the economy.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer spending rose a moderate 1.4% in September
WASHINGTON (AP) — U.S. consumers increased their spending by 1.4% in September, a modest gain but far less than the big increases of late spring, adding to concerns that Americans remain cautious with the viral pandemic resurging across the country and impeding the economy.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US consumer spending rose a moderate 1.4% in September
WASHINGTON (AP) — U.S. consumers increased their spending by 1.4% in September, a modest gain but far less than the big increases of late spring, adding to concerns that Americans remain cautious with the viral pandemic resurging across the country and impeding the economy.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Surge in virus threatens to reverse global economic rebounds
WASHINGTON (AP) — The resurgence of coronavirus cases engulfing the United States and Europe is imperiling economic recoveries on both sides of the Atlantic as millions of individuals and businesses face the prospect of having to hunker down once again.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Surge in virus threatens to reverse global economic rebounds
WASHINGTON (AP) — The resurgence of coronavirus cases engulfing the United States and Europe is imperiling economic recoveries on both sides of the Atlantic as millions of individuals and businesses face the prospect of having to hunker down once again.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US economy grew at 33% rate in Q3 but recovery is incomplete
WASHINGTON (AP) — The U.S. economy grew at a record 33.1% annual rate in the July-September quarter but has yet to fully rebound from its plunge in the first half of the year — and the recovery is slowing as coronavirus cases surge and government aid dries up.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
September factory orders up 1.9%, economists see risks ahead
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
September factory orders up 1.9%, economists see risks ahead
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
September orders for big-ticket manufactured goods up 1.9%
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose a better-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed survey finds tepid growth as US economy battles pandemic
WASHINGTON (AP) — A Federal Reserve survey of business conditions around the country found that the U.S. economy grew at a “slight to modest” pace in September and early October, but also documented many areas of economic activity hobbled by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed survey finds tepid growth as US economy battles pandemic
WASHINGTON (AP) — A Federal Reserve survey of business conditions around the country found that the U.S. economy grew at a “slight to modest” pace in September and early October, but also documented many areas of economic activity hobbled by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US home construction up 1.9% in September to 1.4 million
WASHINGTON (AP) — U.S. home construction rose a solid 1.9% in September after having fallen in the previous month, as home building continues as one of the bright spots of the economy.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
US industrial production fell a sharp 0.6% in September
WASHINGTON (AP) — U.S. industrial production fell 0.6% in September, the weakest showing since spring and a sign that the economy’s recovery from the pandemic recession may be faltering just as confirmed viral infections are resurging in much of the country.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
Awash in red ink: US posts record $3.1T 2020 budget deficit
WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
US industrial production fell a sharp 0.6% in September
WASHINGTON (AP) — U.S. industrial production fell 0.6% in September, the weakest showing since spring and a sign that the economy’s recovery from the pandemic recession may be faltering just as confirmed viral infections are resurging in much of the country.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
Awash in red ink: US posts record $3.1T 2020 budget deficit
WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
Awash in red ink: US posts record $3.1T 2020 budget deficit
WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
US budget deficit hits all-time high of $3.1 trillion
WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
US industrial production fell a sharp 0.6% in September
WASHINGTON (AP) — U.S. industrial production fell 0.6% in September, the weakest showing since spring and a sign that the economy’s recovery from the pandemic recession may be faltering just as confirmed viral infections are resurging in much of the country.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
IMF warns global economy could be permanently scarred
WASHINGTON (AP) — The global economy's recovery from the pandemic recession is tentative and uneven and “marked by significant uncertainty” as confirmed coronavirus cases spread in many countries, international finance ministers warned Thursday.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
IMF warns global economy could be permanently scarred
WASHINGTON (AP) — The global economy's recovery from the pandemic recession is tentative and uneven and “marked by significant uncertainty” as confirmed coronavirus cases spread in many countries, international finance ministers warned Thursday.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
G-20 suspends poor nations' debt payments for 6 more months
WASHINGTON (AP) — The Group of 20 nations, representing the world’s biggest economies, agreed Wednesday to extend the suspension of debt payments by an additional six months to support the most vulnerable countries in their fight against the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
US wholesale prices up 0.4% in September as food costs surge
WASHINGTON (AP) — U.S. wholesale prices jumped 0.4% in September as food costs rose by the largest amount since May.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
G-20 suspends poor nations' debt payments for 6 more months
WASHINGTON (AP) — The Group of 20 nations, representing the world’s biggest economies, agreed Wednesday to extend the suspension of debt payments by an additional six months to support the most vulnerable countries in their fight against the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
Industrial nations consider extending debt relief over virus
WASHINGTON (AP) — The world's major economies are considering a proposal to extend for six months a moratorium on debt payments by poor nations as a way to provide support during the worst global recession since the 1930s.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
US wholesale prices up 0.4% in September as food costs surge
WASHINGTON (AP) — U.S. wholesale prices jumped 0.4% in September as food costs rose by the largest amount since May.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
IMF envisions a sharp 4.4% drop in global growth for 2020
WASHINGTON (AP) — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
IMF envisions a sharp 4.4% drop in global growth for 2020
WASHINGTON (AP) — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 1 MONTH AGO
IMF downgrades outlook for global economy in face of virus
WASHINGTON — The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago.
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 4 MONTHS AGO
US consumer spending sinks by record 13.6% in face of virus
U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 5 MONTHS AGO
US government sees record monthly deficit of $737.9 billion
The federal government piled up a record deficit in April, traditionally a month of big budget surpluses
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 6 MONTHS AGO
Economists agree: No quick rebound from recession is likely
Hopes are beginning to arise that the U.S. economy might be poised to rebound by the second half of the year
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 6 MONTHS AGO
Trump: Postal Service must charge Amazon more, or no loan
President Donald Trump says he won’t approve a $10 billion loan for the U.S. Postal Service unless the agency raises charges for Amazon and other big shippers to four to five times current rates
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 6 MONTHS AGO
US budget deficit totals $743.6 billion over past 6 months
The federal government’s budget deficit for the first half of this budget year totals $743.6 billion, up 7.6% from last year and well on its way to topping $1 trillion even before the impacts of the coronavirus were felt
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 7 MONTHS AGO
US consumer confidence sinks as virus begins having impact
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus on the economy began to be felt.
DAILY INTER-LAKE | UPDATED 4 YEARS, 7 MONTHS AGO
US consumer confidence sinks as virus begins having impact
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus on the economy began to be felt.
BONNER COUNTY DAILY BEE | UPDATED 4 YEARS, 7 MONTHS AGO
US consumer confidence sinks as virus begins having impact
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus on the economy began to be felt.
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 7 MONTHS AGO
World Bank sees outbreak taking a big toll on Asia's economy
WASHINGTON (AP) — The World Bank is estimating that the cornavirus outbreak will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries, throwing millions into poverty.
DAILY INTER-LAKE | UPDATED 4 YEARS, 7 MONTHS AGO
IMF head says global economy now in recession
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
DAILY INTER-LAKE | UPDATED 4 YEARS, 7 MONTHS AGO
IMF head says global economy now in recession
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 7 MONTHS AGO
IMF head says global economy now in recession
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
BONNER COUNTY DAILY BEE | UPDATED 4 YEARS, 7 MONTHS AGO
US consumer spending up modest 0.2% in February
WASHINGTON (AP) — Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in coming months reflecting the shutdown of the American economy by the coronavirus.
DAILY INTER-LAKE | UPDATED 4 YEARS, 7 MONTHS AGO
US economy grew at 2.1% rate in fourth quarter
WASHINGTON (AP) — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contraction due to the coronavirus.
DAILY INTER-LAKE | UPDATED 4 YEARS, 7 MONTHS AGO
US big-ticket factory orders up 1.2% in February
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose by a solid amount in February, but the gain came before the coronavirus had shut down much of the country.
DAILY INTER-LAKE | UPDATED 4 YEARS, 7 MONTHS AGO
New home sales drop 4.4% in February
WASHINGTON (AP) — U.S. new home sales fell 4.4% in February with bigger declines expected in coming months as the coronavirus puts a major crimp on home sales.
DAILY INTER-LAKE | UPDATED 4 YEARS, 7 MONTHS AGO
Q&A: What does 90-day tax delay mean for filers?
The Trump administration has announced that individuals and businesses will be allowed to delay filing and paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic.
DAILY INTER-LAKE | UPDATED 4 YEARS, 7 MONTHS AGO
Income tax filing deadline moved to July 15 from April 15
WASHINGTON (AP) — The income tax filing date has been pushed back from April 15, to July 15, Treasury Secretary Steven Mnuchin said.
DAILY INTER-LAKE | UPDATED 4 YEARS, 8 MONTHS AGO
Jobless claims jump by 70,000 as virus starts to take hold
WASHINGTON (AP) — The number of Americans filing new claims for unemployment benefits surged last week by 70,000, indicating that the impact of the coronavirus was starting to be felt in rising layoffs in the job market.
DAILY INTER-LAKE | UPDATED 4 YEARS, 8 MONTHS AGO
Q&A: What does 90-day tax payment delay mean for filers?
The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic.
DAILY INTER-LAKE | UPDATED 4 YEARS, 8 MONTHS AGO
Q&A: What does 90-day tax payment delay mean for filers?
The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic.
BONNER COUNTY DAILY BEE | UPDATED 4 YEARS, 8 MONTHS AGO
Q&A: What does 90-day tax payment delay mean for filers?
The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic.
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 8 MONTHS AGO
Administration announces 90-day delay for many tax payments
WASHINGTON (AP) — The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline. The extension announced Tuesday is an effort to inject up to $300 billion into the economy at a time when the …
DAILY INTER-LAKE | UPDATED 4 YEARS, 8 MONTHS AGO
Retail sales fall 0.5% in February, biggest drop since 2018
WASHINGTON (AP) — Retail sales fell 0.5% in February, the largest drop in more than a year, indicating that the consumer sector was slowing even before the coronavirus struck with force in the United States. Economists said they were looking for even weaker numbers in coming months.
DAILY INTER-LAKE | UPDATED 4 YEARS, 8 MONTHS AGO
US wholesale prices fall 0.6%, biggest decline in 5 years
WASHINGTON (AP) — U.S. wholesale prices fell 0.6% in February, the biggest decline in five years, led by a sharp drop in energy costs.
DAILY INTER-LAKE | UPDATED 4 YEARS, 8 MONTHS AGO
Trump announces delay of tax deadline for virus victims
WASHINGTON (AP) — President Donald Trump announced Wednesday night that he will instruct the Treasury Department to allow individuals and businesses negatively affected by the coronavirus to defer their tax payments beyond the April 15 filing deadline.
DAILY INTER-LAKE | UPDATED 4 YEARS, 8 MONTHS AGO
US consumer borrowing up a moderate $12 billion in January
WASHINGTON (AP) — U.S. consumer borrowing slowed in January as borrowing on credit cards declined following a huge surge in December.
DAILY INTER-LAKE | UPDATED 4 YEARS, 8 MONTHS AGO
Virus spread prompts Fed to slash rates in surprise move
WASHINGTON (AP) — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.
DAILY INTER-LAKE | UPDATED 4 YEARS, 8 MONTHS AGO
Virus spread prompts Fed to slash rates in surprise move
WASHINGTON (AP) — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 8 MONTHS AGO
Virus spread prompts Fed to slash rates in surprise move
WASHINGTON (AP) — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.
BONNER COUNTY DAILY BEE | UPDATED 4 YEARS, 8 MONTHS AGO
U.S. unemployment benefit applications dropped to 275,000
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 2 MONTHS AGO
U.S. government records $51.8B budget surplus in June
The U.S. government ran a budget surplus in June, leaving the budget deficit so far this year running under last year's level.
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 2 MONTHS AGO
Worker productivity rebounds from Q1
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 2 MONTHS AGO
U.S. trade deficit drops to $41.9 billion in July
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 2 MONTHS AGO
Heading in the right direction
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 2 MONTHS AGO
Business stockpiles jump in June
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 3 MONTHS AGO
Inflation running below Fed's target
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 3 MONTHS AGO
Gauge of U.S. economy posts solid 0.7 percent May advance
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 4 MONTHS AGO
Price pressures remain modest
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 4 MONTHS AGO
Producer Price Index spikes in May
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 5 MONTHS AGO
How much better?
The U.S. economy should get better after a sputtering first quarter, but how much better? It's complicated.
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 5 MONTHS AGO
'The Fed can't wait forever'
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 5 MONTHS AGO
U.S. construction down 0.6 percent in March
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 6 MONTHS AGO
U.S. wholesale stockpiles rose slightly in March
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 6 MONTHS AGO
Borrowing expands by $20.5 billion
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 6 MONTHS AGO
Durable goods orders up, but investment falls again
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 6 MONTHS AGO
Modest improvements
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 7 MONTHS AGO
Food costs down, but gas back up
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 8 MONTHS AGO
U.S. stockpiles flat in January
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 8 MONTHS AGO
Productivity weaker than first estimated
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 8 MONTHS AGO
Interest in interest-rate policy
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 8 MONTHS AGO
Credit cards push US consumer borrowing up $14.8 billion
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 9 MONTHS AGO
GDP 'mildly underwhelming'
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 9 MONTHS AGO
Federal Reserve payment up 24 percent
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 10 MONTHS AGO
U.S. trade deficit drops to $43.4 billion in October
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 11 MONTHS AGO
Pulling further ahead
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 11 MONTHS AGO
U.S. consumer spending up 0.2 percent in October
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 11 MONTHS AGO
Big, volatile swings
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 11 MONTHS AGO
U.S. consumer prices unchanged in October
COEUR D'ALENE PRESS | UPDATED 9 YEARS, 11 MONTHS AGO
Country's productivity rises at 2 percent rate in 3Q
COEUR D'ALENE PRESS | UPDATED 10 YEARS AGO
European economies the key?
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 1 MONTH AGO
U.S. trade deficit drops to $40.1 billion in August
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 1 MONTH AGO
U.S. business stockpiles up 0.4 percent in July
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 2 MONTHS AGO
Consumer spending dips 0.1 percent
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 2 MONTHS AGO
U.S. exports hit an all-time high
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 4 MONTHS AGO
Severe winter holding up economy?
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 7 MONTHS AGO
Welcoming warmer weather
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 8 MONTHS AGO
Growth seems solid
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 10 MONTHS AGO
Income continues to grow
WASHINGTON - U.S. consumers slowed their spending in September, even as overall income grew at solid pace for the second straight month.
COEUR D'ALENE PRESS | UPDATED 11 YEARS AGO
Encouraging borrowing, spending
WASHINGTON - The Federal Reserve says its low interest-rate policies are still needed to invigorate a subpar U.S. economy.
COEUR D'ALENE PRESS | UPDATED 11 YEARS AGO
A need for urgent action
WASHINGTON - World finance officials said Friday the United States needs to take urgent action to address its budget problems that are creating economic uncertainties for the global economy.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 1 MONTH AGO
Slow and steady
WASHINGTON - The U.S. economy grew at a 2.5 percent annual rate from April through June, an improvement from the first three months of the year. But economists are worried that growth may now be slowing.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 1 MONTH AGO
Wholesale prices unchanged in July
WASHINGTON - Falling energy prices kept a lid on U.S. wholesale inflation in July after a jump in gasoline boosted prices in June.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 3 MONTHS AGO
Not firing, but also not hiring
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 3 MONTHS AGO
Jobless claims at 6-year low
WASHINGTON - Americans who have a job may take comfort in knowing that companies are laying off fewer people than at any time since before the Great Recession.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 3 MONTHS AGO
U.S. consumer borrowing rose $13.8 billion in June
WASHINGTON - Americans borrowed more in June to buy cars and attend schools. But they were frugal again with their credit cards, as many remain wary of taking on high-interest debt.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 3 MONTHS AGO
Spending up 0.5 percent in June
WASHINGTON - Consumers increased their spending in June at the fastest pace in four months even though their income growth slowed.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 3 MONTHS AGO
After further review ...
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 4 MONTHS AGO
U.S. wholesale prices up 0.8 percent in June
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 4 MONTHS AGO
Consumer thrift trumps bond purchases
WASHINGTON - The U.S. economy may not be strong enough for the Federal Reserve to slow its bond purchases later this year.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 4 MONTHS AGO
Reports reflect Fed's message of stronger economy
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 4 MONTHS AGO
Encouraging signs
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 5 MONTHS AGO
U.S. housing starts fell in April but permits surged
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 6 MONTHS AGO
Manufacturers cut back on production
WASHINGTON - U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output. The weakness suggests economic growth may be slowing.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 6 MONTHS AGO
Growing again
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 6 MONTHS AGO
Factory activity down 4 percent in March
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 6 MONTHS AGO
Future looks bright
WASHINGTON - Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports are plunging, narrowing the trade deficit.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 6 MONTHS AGO
Can it last?
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 6 MONTHS AGO
U.S. housing starts surpass 1 million in March
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 6 MONTHS AGO
Bolstering the world's weak economy
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 6 MONTHS AGO
IMF chief says globalpro-growth policies needed
WASHINGTON - The head of the International Monetary Fund says the United States, Europe, Japan and China all need to make adjustments to their current economic policies in order to boost a still-struggling global economy.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 7 MONTHS AGO
Signed contracts to buy U.S. homes dips slightly
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 7 MONTHS AGO
Good news on greenbacks
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 7 MONTHS AGO
U.S. homes sales highest in more than 3 years
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 7 MONTHS AGO
No change of course
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 7 MONTHS AGO
Mortgage rates unchanged for another week
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 9 MONTHS AGO
'Stronger than people appreciate'
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 9 MONTHS AGO
Not their finest hour
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 9 MONTHS AGO
Homebuilders feeling more confident
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 9 MONTHS AGO
Positive signs
WASHINGTON - The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The strength is expected to fade in the final months of the year because of the impact of Superstorm Sandy and uncertainty about looming tax increases and government spending …
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 11 MONTHS AGO
Help for hiring?
WASHINGTON - The Federal Reserve may be preparing to take further steps to stimulate an economy that remains too weak to reduce high unemployment.
COEUR D'ALENE PRESS | UPDATED 12 YEARS AGO
Storm's cost may hit $50 billion
WASHINGTON - Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.
COEUR D'ALENE PRESS | UPDATED 12 YEARS AGO
Better buying
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 1 MONTH AGO
A triple challenge
WASHINGTON - When global finance ministers meet this week in Tokyo, they'll confront a triple challenge: Economic troubles in three major regions are threatening the world's economy.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 1 MONTH AGO
Customer demand up sharply
WASHINGTON - U.S. service companies grew in September at the fastest pace in six months, helped by a sharp increase in customer demand.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 1 MONTH AGO
Forking it over
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 1 MONTH AGO
Economy appears weaker as retail sales slump
WASHINGTON - The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 4 MONTHS AGO
Balancing act
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 4 MONTHS AGO
Tepid economic growth weighs on U.S. job market
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 4 MONTHS AGO
Come on baby ...
WASHINGTON - The Federal Reserve is trying again to jolt the American economy out of its stalled recovery. It's extending a program that aims to encourage borrowing and spending by reducing long-term interest rates.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 4 MONTHS AGO
Good news for housing market
WASHINGTON - Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 5 MONTHS AGO
Looking for fast growth
WASHINGTON - When the International Monetary Fund meets this weekend, its top goal will be as simple as it is difficult: Get member nations to pledge many more billions in aid - in case the IMF needs to rescue more European economies.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 6 MONTHS AGO
Wallets, purses spring open
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 7 MONTHS AGO
Bernanke notes economy better than expected
WASHINGTON - Chairman Ben Bernanke told lawmakers Wednesday that the economy has performed better in recent months than the Federal Reserve had expected. If the trend continues, he said the Fed might have to reassess its outlook for a slow recovery.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 8 MONTHS AGO
The right direction
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 9 MONTHS AGO
Businesses gaining confidence
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 9 MONTHS AGO
No rate increase likely before 2014
WASHINGTON - It could be quite a while yet before the Federal Reserve starts raising the interest rates it has kept at record lows for three years.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 9 MONTHS AGO
Retail sales weaken in December ...
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 10 MONTHS AGO
A healthier retail mood
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 10 MONTHS AGO
Unemployment claims at lowest level since 2008
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 10 MONTHS AGO
Maybe things aren't so bad?
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 12 MONTHS AGO
Loosening the wallets
COEUR D'ALENE PRESS | UPDATED 13 YEARS AGO
Summer calms recession fears
WASHINGTON - A summer of modest economic growth is helping dispel lingering fears that another recession might be near.
COEUR D'ALENE PRESS | UPDATED 13 YEARS AGO
A hopeful sign
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 1 MONTH AGO
$how us the money
WASHINGTON - Americans earned less in August than in July, the first decline in nearly two years. With less income, consumers could cut back on spending and weaken an already-fragile economy.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 1 MONTH AGO
Fed is expected to take new action to lift economy
WASHINGTON - The Federal Reserve is running out of options to try to boost a slumping economy and lower unemployment. So policymakers are expected to reach 50 years back into their playbook for their next move.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 1 MONTH AGO
Cautious consumers pull back on spending
WASHINGTON - U.S. consumers grew more cautious last month amid wild stock market swings, zero job growth and heightened concerns that the economy has weakened.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 2 MONTHS AGO
Shoppers lift economy but will they keep spending?
WASHINGTON - The economy might not be on the brink of another recession after all.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 3 MONTHS AGO
Western states lag in recovery
WASHINGTON - Western states hit hardest by the housing crisis are feeling the greatest economic stress two years after the recession ended, according to The Associated Press's monthly analysis.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 3 MONTHS AGO
Bernanke: We're ready to act if economy worsens
WASHINGTON - Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday the Fed is ready to act if the economy gets weaker. He warned them that allowing the nation to default on its debt would send "shock waves through the entire financial system."
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 4 MONTHS AGO
Budget deficit moves closer to $1 trillion mark
WASHINGTON - The federal budget deficit is on pace to break the $1 trillion mark for a third straight year. Record deficits are putting pressure on Congress and the Obama administration to come up with a plan to rein in government spending.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 5 MONTHS AGO
Bernanke: Economy slowing but faster growth ahead
WASHINGTON - The economy has weakened in recent weeks, Federal Reserve Chairman Ben Bernanke noted Tuesday. But he stuck with a message he has delivered since April: The slowdown from high gas prices and Japan's crises is temporary, and growth should pick up later this year.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 5 MONTHS AGO
Jobs, anyone?
WASHINGTON - Consumers as a whole will likely spend more this year. But it's not because we'll all be earning more money. Even people lucky enough to get a raise will likely spend most of the extra dollars to pay higher gas and food prices.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 6 MONTHS AGO
G-20 nations reach agreement on imbalances
WASHINGTON - The world's major economies reached an agreement Friday on how to measure and prevent the types of dangerous imbalances that contributed to the worst global downturn in seven decades.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 7 MONTHS AGO
So far, most of tax cut is going down the gas tank
WASHINGTON - Americans are earning and spending more, but a lot of the extra money is going down their gas tanks. Gas prices have drained more than half the extra cash Americans are getting this year from a cut in Social Security taxes.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 7 MONTHS AGO
Economy faces challenges after strong 4Q growth
WASHINGTON - Consumers helped boost economic growth in the final months of last year, but higher oil prices are threatening to steal some of that momentum this year.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 7 MONTHS AGO
Hoenig to retire from Fed in October
WASHINGTON - Thomas M. Hoenig, the longest serving of the Federal Reserve's 12 regional bank presidents, announced on Friday that he will retire on Oct. 1.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 7 MONTHS AGO
Retail sales up 1 percent in February
WASHINGTON - Shoppers snapped up new cars, clothing and electronics in February, pushing retail sales up for the eighth straight month.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 8 MONTHS AGO
Productivity up strongly while labor costs drop
WASHINGTON - The work force was more efficient last year with productivity rising at the fastest pace in eight years. Labor costs fell for a second straight year, something that hasn't happened in nearly five decades.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 9 MONTHS AGO
Economic stress falls to 18-month low
Job gains around the country offset higher foreclosures and helped reduce the nation's economic stress in October to an 18-month low, according to The Associated Press' monthly analysis.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 11 MONTHS AGO
Trade deficit narrows to 9-month low in October
WASHINGTON - The U.S. trade deficit fell to its lowest level in nine months, as growing demand for American goods overseas and a falling dollar pushed exports to their highest level in more than two years.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 11 MONTHS AGO
Government reports $1.3T budget deficit
WASHINGTON - The Obama administration said Friday the federal deficit hit a near-record $1.3 trillion for the just-completed budget year.
COEUR D'ALENE PRESS | UPDATED 14 YEARS AGO
Economy gets lift from government aid
WASHINGTON - A flurry of new data Friday showed the economy is improving - with temporary help from the government.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 1 MONTH AGO
Business spending on capital goods rises
WASHINGTON - U.S. companies invested last month in computers, communications equipment and machinery, boosting capital goods orders for the third time in four months.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 1 MONTH AGO
Consumer prices rise 0.3 percent in August
WASHINGTON - Consumer prices posted a small rise in August, but outside of a big jump in volatile gasoline prices, inflation was essentially flat.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 1 MONTH AGO
August retail sales up 0.4 percent
WASHINGTON - Retail sales rose in August by the largest amount in five months, adding to evidence that a late spring economic swoon was temporary and not the start of another recession.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 2 MONTHS AGO
Stocking up
WASHINGTON - Inventories held by wholesalers surged in July by the largest amount in two years while sales rebounded after two straight declines.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 2 MONTHS AGO
Auto sales boost otherwise weak retail sector
WASHINGTON - Americans spent less at most retail stores in July and inflation remained tame as high unemployment and weak job growth fueled fears of a slowing economic recovery.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 3 MONTHS AGO
Economy still looks sluggish
WASHINGTON - The United States is selling fewer products around the world and spending more on cheap imported goods, an imbalance that hurts the job market at home and means the economy is even weaker than previously thought.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 3 MONTHS AGO
Wholesale inventories rise in May, sales fall
WASHINGTON - Inventories held by wholesalers rose for a fifth consecutive month in May but sales fell for the first time in more than a year, sending a cautionary signal about the strength of the recovery.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 4 MONTHS AGO
'We must act together'
WASHINGTON - President Barack Obama is appealing to the world's major economies not to waver in their efforts to support a sustained rebound from the near collapse of the global economic system in the fall of 2008.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 4 MONTHS AGO
Less spending could slow recovery
WASHINGTON - Americans are pulling back on their spending, a trend that could slow the economic recovery if it continues.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
More factory jobs ease economic pain
WASHINGTON - Manufacturing job gains in the Midwest helped lower the nation's economic stress in April to its lowest point in five months, according to The Associated Press' monthly analysis of conditions around the country.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
Borrowing up slightly in April
WASHINGTON - Consumer borrowing increased slightly in April, a sign that Americans may have more faith in the economic recovery.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
Consumers cautious, spending stalls a little
WASHINGTON - Consumers don't appear confident enough in the economy to open their wallets more freely. Their spending stalled in April. Without stronger job creation and higher pay, people are less likely to up their spending in the months ahead and invigorate the recovery.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
Factory orders and new-home sales rise
WASHINGTON - The economic recovery got a lift in April as orders for large manufactured goods surged while sales of new homes benefited from homebuyer tax credits.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
Consumer inflation vanishes, a boon for borrowers
WASHINGTON - Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
A solid recovery but concerns remain
WASHINGTON - The economy is being boosted by higher retail sales, stronger factory output and a rise in companies' stockpiles.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 6 MONTHS AGO
Global financial leaders cheered by recovery signs
WASHINGTON - Despite a deepening Greek debt crisis, global financial leaders declared Friday that the world's economy is recovering faster than expected from the worst recession in decades.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 6 MONTHS AGO
Home construction points to market recovery
WASHINGTON — There were more signs of a moderate housing recovery Friday as the government reported an increase in construction and building permits.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 7 MONTHS AGO
March budget deficit declines to $65.4 billion
WASHINGTON - The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government's $700 billion financial bailout program.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 7 MONTHS AGO
Wholesale inventories and sales both post gains
WASHINGTON - Inventories held by wholesalers rose by a larger-than-expected amount in February while sales increased for the 11th consecutive month. The Commerce Department said Friday that inventories at the wholesale level were up 0.6 percent in February, better than the 0.4 percent increase analysts had expected. Sales rose 0.8 …
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 7 MONTHS AGO
National parks featured on new quarters
WASHINGTON - Get ready for another decade of quarter-mania. The U.S. Mint is hoping to repeat the phenomenal success it had with the 50-state quarter program with a new series of designs featuring the country's national parks and forests.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 7 MONTHS AGO
Retail numbers show surprising gain
WASHINGTON - Retail sales posted a surprising increase in February as consumers refused to let snowstorms stop them from stepping up purchases for everything from clothes to appliances. The improvement provided hope that the recovery from the Great Recession is gaining momentum.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 8 MONTHS AGO
Low inflation gives Fed room to keep rates down
WASHINGTON - The Federal Reserve seems likely to keep interest rates at record lows for several more months after news Friday that consumer prices excluding food and energy fell in January.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 8 MONTHS AGO
Retail sales gains in January could boost growth
WASHINGTON - A modestly better-than-expected report on retail sales for January could suggest stronger economic growth in coming months. But this week's severe snowstorms will likely depress activity in February.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 9 MONTHS AGO
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