Latest News Updates From Paul Wiseman

GovernmentBusiness

US Added a Strong 256,000 Jobs in December

WASHINGTON — U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates.

January 10, 2025
GovernmentBusiness

Dockworkers Reach Tentative Agreement With Ports, Shippers

U.S. longshoremen reached a contract agreement with ports and shippers Jan. 8, averting a potential strike that could have damaged the American economy.

January 9, 2025
GovernmentBusiness

Wholesale Inflation Accelerated in November

WASHINGTON — Wholesale costs picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak of two years ago.

December 12, 2024
GovernmentBusiness

US Added a Strong 227,000 Jobs in November

WASHINGTON — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month.

December 6, 2024
GovernmentBusiness

Storms and Strikes Hold New Jobs to Just 12,000 in October

WASHINGTON — America’s employers added just 12,000 jobs in October, a total economists say was held down by the effects of strikes and hurricanes that left many temporarily off payrolls.

November 1, 2024
GovernmentBusiness

Economy Grows at Solid 2.8% Pace on Strong Consumer Spending

WASHINGTON — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.

October 30, 2024
GovernmentBusiness

US Adds a Robust 254,000 Jobs in September

WASHINGTON — America’s employers added a surprisingly strong 254,000 jobs in September, the latest evidence that the U.S. labor market is still solid enough to support a growing economy.

October 4, 2024
GovernmentBusinessLogistics

Why Biden Says He Won't Invoke Taft-Hartley in Port Strike

According to the Congressional Research Service, about half the time that presidents have invoked Section 206 of Taft-Hartley, the parties worked out their differences.

October 2, 2024
GovernmentBusiness

US Economy Grew at a Solid 3% Rate Last Quarter

WASHINGTON — The economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said Sept. 26.

September 26, 2024
GovernmentBusiness

US Economic Growth for Q2 Is Revised Up to 3% Annual Rate

WASHINGTON — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Aug. 29.

August 29, 2024