Tag: Washington news
Retail sales up solidly in October as Americans showed continued willingness to spend
WASHINGTON -- Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy's...
Stock market today: Wall Street falls toward worst loss since Election Day as vaccine makers sink
NEW YORK -- The big bump Wall Street got from last week’s presidential election and cut to interest rates keeps fading, and U.S....
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
WASHINGTON -- Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the...
US wholesale inflation picks up slightly in sign that some pressures remain elevated
WASHINGTON -- Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely...
Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surges
BANGKOK -- Shares were mixed in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last...
US says it intends to shore up support for Ukraine until Trump takes office
BRUSSELS -- President Joe Biden intends to bolster U.S. military support to Ukraine in the final months of his administration, U.S. Secretary of...