Christopher Rugaber
The Associated Press
Washington, DC, United States
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Past articles by Christopher:
U.S. Added 209,000 Jobs in June
America’s employers pulled back on hiring but still delivered another month of gains, a sign of the economy's resilience. → Read More
An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years
An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices ... → Read More
Know any airplane mechanics? Wave of retirements leave some US industries desperate
A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers. → Read More
Inflation rose in April as consumers kept spending, a gauge tracked by the Fed showed
The PCE index, which the Fed closely monitors, showed prices rose 0.4% from March to April. Spending jumped 0.8%, the biggest increase since January. → Read More
Fed officials were divided over a June pause in interest rate hikes, meeting minutes show
Federal Reserve officials were split over whether to pause their aggressive campaign of interest rate hikes in June → Read More
Lawsuit: Yellen should ignore 'unconstitutional' debt limit
A union of government employees has sued Treasury Secretary Janet Yellen and President Joe Biden to try to stop them from complying with the law that limits the government’s total debt, which the lawsuit contends is unconstitutional → Read More
Fed faults Silicon Valley Bank execs, itself in bank failure
Silicon Valley Bank failed due to a combination of extremely poor bank management, weakened regulations and lax government supervision, the Federal Reserve says in a highly-anticipated review of how the central bank failed to properly supervise the ban... → Read More
2 failed banks, February inflation remaining high put Fed in tough spot
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it. → Read More
US inflation eased in February but remains high, putting Fed in tough spot
Even though prices are rising much faster than the Fed wants, some economists expect the central bank to suspend its year-long streak of interest rate hikes when it meets next week. → Read More
US inflation eased in February but remains high, putting Fed in tough spot
Even though prices are rising much faster than the Fed wants, some economists expect the central bank to suspend its year-long streak of interest rate hikes when it meets next week. → Read More
Why another high inflation report may not cause Fed to hike
The government inflation report being released Tuesday is expected to show that price acceleration in the United States remained chronically high in February, putting the Federal Reserve in an unusually → Read More
LIVE: Biden discusses banking actions; US, UK try to stem fallout from Silicon Valley Bank collapse
Regulators closed Silicon Valley Bank when it experienced a traditional run on the bank where depositors rushed to withdraw their funds all at once. → Read More
Biden tells US to have confidence in banks after 2 collapse
Regulators closed Silicon Valley Bank when it experienced a traditional run on the bank where depositors rushed to withdraw their funds all at once. → Read More
LIVE: Biden discusses banking actions; US, UK try to stem fallout from Silicon Valley Bank collapse
Regulators closed Silicon Valley Bank when it experienced a traditional run on the bank where depositors rushed to withdraw their funds all at once. → Read More
LIVE: Biden discusses banking actions; US, UK try to stem fallout from Silicon Valley Bank collapse
Regulators closed Silicon Valley Bank when it experienced a traditional run on the bank where depositors rushed to withdraw their funds all at once. → Read More
Silicon Valley Bank crisis: Feds move in to help
In an effort to shore up confidence in the banking system, the Treasury Department, Federal Reserve and FDIC said that all Silicon Valley Bank clients would be protected and able to access their money. → Read More
US, UK try to stem fallout from Silicon Valley Bank collapse
NEW YORK (AP) — Governments in the U.S. and Britain are taking extraordinary steps to prevent a potential banking crisis after the failure of California-based Silicon Valley Bank prompted fears of … → Read More
US, UK try to stem fallout from Silicon Valley Bank collapse
Governments in the U.S. and Britain are taking extraordinary steps to prevent a potential banking crisis after the failure of Silicon Valley Bank. → Read More
U.S. government moves to stop potential banking crisis
The announcement came amid fears that the factors that caused a California-based bank to fail could spread, and only hours before trading began in Asia. → Read More
US government moves to stop potential banking crisis
NEW YORK (AP) — The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring all depositors at the failed institution that they could access all their money quickly, even as another major bank was shut down. → Read More