Christopher Rugaber
The Associated Press
Washington, DC, United States
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Recent articles by Christopher:
US job openings sink as economy slows, cost to borrow rises
WASHINGTON — The number of available jobs in the U.S. plummeted in August compared with July as businesses grow less desperate for workers, a trend that could cool chronically high inflation. That is good news for the Federal Reserve in its efforts to bring down high prices without plunging the economy into a recession. The […] → Read More
EXPLAINER: How do we know when a recession has begun?
Inflation remains near its highest level in four decades, though gas costs and other prices have eased in recent weeks. → Read More
Fewer people seek U.S. unemployment aid amid solid hiring
WASHINGTON (AP) — The number of Americans filing for jobless benefits dropped last week, a sign that few companies are cutting jobs despite high inflation and a weak economy. → Read More
Fewer people request US unemployment benefits amid solid hiring, high inflation
Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy. → Read More
Fed officials call for more rate hikes to fight inflation
Stocks fell for the fifth straight day on Monday, and longer-term interest rates rose amid growing fears of a global recession. → Read More
Fed officials call for more rate hikes to fight inflation
Stocks fell for the fifth straight day on Monday, and longer-term interest rates rose amid growing fears of a global recession. → Read More
Fed officials call for more rate hikes to fight inflation
Stocks fell for the fifth straight day on Monday, and longer-term interest rates rose amid growing fears of a global recession. → Read More
Fed officials call for more rate hikes to fight inflation
Stocks fell for the fifth straight day on Monday, and longer-term interest rates rose amid growing fears of a global recession. → Read More
Fed officials call for more rate hikes to fight inflation
Stocks fell for the fifth straight day on Monday, and longer-term interest rates rose amid growing fears of a global recession. → Read More
Fed officials call for more rate hikes to fight inflation
Stocks fell for the fifth straight day on Monday, and longer-term interest rates rose amid growing fears of a global recession. → Read More
Fed officials call for more rate hikes to fight inflation
Stocks fell for the fifth straight day on Monday, and longer-term interest rates rose amid growing fears of a global recession. → Read More
Fed officials call for more rate hikes to fight inflation
Stocks fell for the fifth straight day on Monday, and longer-term interest rates rose amid growing fears of a global recession. → Read More
Fed officials call for more rate hikes to fight inflation
Stocks fell for the fifth straight day on Monday, and longer-term interest rates rose amid growing fears of a global recession. → Read More
Powell's stark message: Inflation fight may cause recession
The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking at a → Read More
Fed attacks inflation with another big hike and expects more
WASHINGTON (AP) — Intensifying its fight against high inflation, the Federal Reserve... → Read More
Fed attacks inflation with another big hike and expects more
WASHINGTON — Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come — an aggressive pace that will heighten the risk of an eventual recession. The Fed’s move boosted its […] → Read More
Federal Reserve raises key rate for 3rd time, further escalating its inflation fight
Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point → Read More
Fed hikes rate by three-quarters of a point in continued fight against inflation
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008. → Read More
High inflation in sight, Fed to signal more rate hikes ahead
The central bank is expected to raise its key short-term rate by a substantial three-quarters of a point for the third consecutive time. → Read More
High inflation in sight, Fed to signal more rate hikes ahead
The central bank is expected to raise its key short-term rate by a substantial three-quarters of a point for the third consecutive time. → Read More