U.S.

Yellen expects inflation to remain high

At a hearing, the U.S. Treasury Secretary was pressed on the causes of inflation

By Fatima Hussein, The Associated Press |June 7, 2022

3 min read

More job gains point to a solid economy and Fed rate hikes

The lowest monthly gain in a year was likely enough to keep the Fed on track to pursue aggressive policy

By Christopher Rugaber, The Associated Press |June 3, 2022

5 min read

U.S. consumer confidence slips in May amid stubborn inflation

Purchasing intentions for big-ticket items cooled slightly

By Matt Ott, The Associated Press |May 31, 2022

2 min read

U.S. added 428,000 jobs in April despite surging inflation

As the Fed's rate hikes take effect, they will make it increasingly expensive to spend and hire

By Paul Wiseman, The Associated Press |May 6, 2022

3 min read