Photo of people at a job fair in Miami

US Economy Adds a Strong 225K Jobs; Unemployment Up to 3.6%

WASHINGTON — Hiring jumped last month as U.S. employers added a robust 225,000 jobs, bolstering an economy that faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing. Despite the brisk pace of hiring in January, hourly pay ...
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US New-Home Sales Rose 1.3% in November

WASHINGTON — U.S. sales of newly built homes increased 1.3% in November from the prior month, a sign that low mortgage rates are pushing up purchases as well as prices. The Commerce Department said Monda...
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Fed Leaves Low Rates Alone and Sees No Moves in Near Future

WASHINGTON — Chairman Jerome Powell made clear Wednesday that the Federal Reserve is prepared to keep its benchmark interest rate very low through at least next year — and possibly longer. “Inflation is barely moving up, notwithstanding that unemployment is...
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US Durable Goods Orders Fall 1.1% in September

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods tumbled in September by the largest amount in four months while a closely watched category that tracks business investment fell for a second month. The declines underscored the troubles...
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US Stocks Move Higher as China Eases Trade Tensions

Stocks rose broadly on Wall Street in afternoon trading Wednesday as investors welcomed China's move to exempt some U.S. products from a recent round of tariffs. Technology, health care and communication services stocks powered much of the gains for the ben...