US economic growth for last quarter is revised up to a solid 3% annual rate

WASHINGTON — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by…

US consumer confidence rises in August as Americans’ optimism about future improves

American consumers felt more confident in August as their outlook for the future improved. The Conference…

Powell at Jackson Hole: ‘The time has come’ for the Fed to soon begin reducing interest rates

JACKSON HOLE, Wyoming — With inflation nearly defeated and the job market cooling, the Federal Reserve…

Fed leader tees up interest rate cuts in search of soft landing

After a near textbook campaign to rein in inflation by raising interest rates, the head of…

US applications for unemployment benefits rise, still at historically healthy levels

The number of Americans filing for unemployment benefits rose modestly last week, but the level of…

The price of gold is at a record high. Here’s why

NEW YORK — A gold rush is here. The precious metal hit an all time high…

Fed minutes: Most officials favored a rate cut in September if inflation continued to cool

WASHINGTON — Most Federal Reserve officials agreed last month that they would likely cut their benchmark…

Federal Reserve minutes: Most officials favored a rate cut in September if inflation continued to cool

Federal Reserve minutes: Most officials favored a rate cut in September if inflation continued to cool

New surveys show signs of optimism among small business owners

NEW YORK — Small business owners overall are feeling positive about their business and achieving the…

Alaska Air clears a big hurdle in its proposed merger with Hawaiian Airlines

Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice…