Latest News Updates From Christopher Rugaber

Government, Business

Fed’s Powell Sees Steady Growth, Signals Pause in Rate Cuts

WASHINGTON — Federal Reserve Chairman Jerome Powell expects the U.S. economy to continue growing at a solid pace, though it still faces risks from slower growth overseas and trade tensions.

November 13, 2019
Government, Business

Survey: Business Hiring Falls to Seven-Year Low

WASHINGTON — A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey has found.

October 28, 2019
Government, Business

Consumer Spending Rises 0.1% in August

WASHINGTON — American consumers boosted their spending by just 0.1% in August, the smallest gain in six months, even as their incomes rose at a solid pace.

September 27, 2019
Government, Business

Retail Sales Rise Moderately as Auto Buying Jumps

WASHINGTON — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales. But there also were signs that consumers have become more cautious.

September 13, 2019
Government, Business, Fuel

Consumer Prices Rose 0.3% in July Amid Widespread Cost Increases

WASHINGTON — U.S. consumer prices rose 0.3% in July, pushed higher by more expensive gas, medical care and housing.

August 13, 2019
Government, Business

US Retail Sales Rise 0.4% in June in Sign of Consumer Health

U.S. retail sales rose at a solid pace in June, providing crucial support to the economy at a time when other drivers of growth have faded.

July 16, 2019
Government, Business

US Orders for Long-Lasting Goods Fall 2.1% in April

WASHINGTON — Orders to U.S. factories for large manufactured goods fell sharply in April, pulled down by lower demand for commercial aircraft and cars.

May 24, 2019
Government, Business

US Job Openings Tumble in February

The number of available jobs in the United States fell sharply in February after reaching a record level the previous month, a sign that businesses may pull back a bit on hiring.

April 9, 2019
Government, Business

Job Openings Slip 3.4% in November to Still-Strong 6.9 Million

WASHINGTON — U.S. job openings fell in November from the previous month, but the number of available positions remained healthy.

January 8, 2019
Government, Business

October Job Openings Rise to Second Highest on Record

WASHINGTON — The number of open jobs rose in October to the second highest on record, evidence that U.S. employers remain determined to hire despite ongoing trade disputes and rocky financial markets.

December 10, 2018