Paul Wiseman
The Associated Press
Washington, VA, United States
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Past articles by Paul:
U.S. economic growth last quarter is revised up sharply to a 2% annual rate
Showing surprising resilience in the face of higher interest rates, the U.S. economy grew at a 2% annual pace from January through March as consumers spent at the fastest pace in nearly two years. → Read More
US economic growth last quarter is revised up sharply to a 2% annual rate
Showing surprising resilience in the face of higher interest rates, the U.S. economy grew at a 2% annual pace from January through March as consumers spent... → Read More
Powell expects more Fed rate hikes because of persistently high inflation
Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market. → Read More
U.S. job openings rise to 10.1M as the labor market stays strong despite rate hikes
Employers posted 10.1 million job openings last month, up from 9.7 million in March and the most since January. → Read More
Threat of US credit downgrade looms over debt ceiling talks
With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation’s debt limit → Read More
What it would mean for the global economy if the U.S. defaults on its debt
If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. → Read More
How damage from a US debt default could cascade across the global economy
If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. → Read More
U.S. adds a solid 253,000 jobs despite Fed's rate hikes
America’s employers add a healthy 253,000 jobs in April, evidence of a still-strong labor market despite rising interest rates, persistent inflation. → Read More
U.S. economy grew at weak 1.1% rate in sign of slowdown
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market. → Read More
Food prices fall on world markets but not on kitchen tables
Around the world, food prices are persistently, painfully high → Read More
Job openings slip to 9.9 million in a positive sign for fight against inflation
U.S. job openings slipped to 9.9 million in February, the fewest since May 2021 and a sign that the job market may be starting to cool. → Read More
A key inflation gauge tracked by the Fed slowed in February
The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s yearlong effort to cool price pressures through steadily higher interest rates. → Read More
A key inflation gauge tracked by the Fed slowed in February
The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s yearlong effort to cool price pressures through steadily higher interest rates. → Read More
The US economy is sending mixed signals. Here's what it all means.
Here's a closer look at the economy's vital signs at a particularly uncertain time. → Read More
Key US inflation measure surges at fastest rate since June
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year. Friday’s report from the Commerce Department showed that consumer prices rose […] → Read More
Key US inflation measure surges at fastest rate since June
Friday’s report from the Commerce Department showed that consumer prices rose 0.6% from December to January, up sharply from a 0.2% increase from November to December. → Read More
Key U.S. inflation measure surges at fastest rate since June
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year. → Read More
Key US inflation measure surges at fastest rate since June
Friday’s report from the Commerce Department showed that consumer prices rose 0.6% from December to January, up sharply from a 0.2% increase from November to December. → Read More
Key US inflation measure surges at fastest rate since June
Friday’s report from the Commerce Department showed that consumer prices rose 0.6% from December to January, up sharply from a 0.2% increase from November to December. → Read More
Inflation gauge tracked by Federal Reserve accelerated in January
It's a sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year. → Read More