WASHINGTON, D.C. — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating. So what does it mean? Simply put, the upper part of the K […]
WASHINGTON, D.C. — President Donald Trump announced Friday that he was scrapping U.S. tariffs on beef, coffee, tropical fruits and a broad swath of other commodities — a dramatic move that comes amid mounting pressure […]
WASHINGTON, D.C. — More people are falling behind on paying their bills to keep on the lights and heat their homes, according to a new analysis of consumer data — a warning sign for the […]
It’s getting more expensive for Americans to get their caffeine fix. The average U.S. price of a pound of ground coffee hit $9.14 in September, a 3% increase from the August average of $8.87 and […]
NEW YORK — Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, even as President Donald Trump’s tariffs start to take a toll on jobs and lead to some price […]
OMAHA, Neb. — Anyone firing up the grill this summer knows hamburger patties and steaks are expensive, but the latest numbers show prices have climbed to record highs. And experts say consumers shouldn’t expect much […]
WASHINGTON, D.C. — The U.S. labor market delivered another upside surprise last month, churning out a surprisingly strong 147,000 jobs. The unemployment rate ticked down unexpectedly, too. But the headline numbers masked some weaknesses as […]
WASHINGTON, D.C. — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month. Prices rose 2.3% in May […]
WASHINGTON, D.C. — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials […]
WASHINGTON, D.C. — U.S. employers slowed hiring last month but still added a solid 139,000 jobs amid uncertainty over President Donald Trump’s trade wars. Hiring fell from a revised 147,000 in April, the Department of […]
© 2022 — North State Media LLC