By Martin Crutsinger
WASHINGTON -- Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve's existing policies will help boost growth. Read More »
By Christopher S. Rugaber
WASHINGTON -- The economy is off to a fast start in 2012. The outlook for hiring is improving now that unemployment benefit applications are near a four-year low. Inflation is tame, business travel is rising and the depressed housing market is showing signs of improvement after... Read More »
WASHINGTON (AP) -- Inflation spooked the nation in the early 1980s. It surged and kept rising until it topped 13 percent.
These days, inflation is much lower. Yet to many Americans, it feels worse now. And for a good reason: Their income has been even flatter than inflation.
Back in the '80s, the money... Read More »
When you think of American business as usual, you used to think of robust corporations ever expanding. That's no longer the case these days. In order to stay profitable, many large companies are actually having to shrink. It may not be popular, but it helps with survival of the species.
As consumers spend less... Read More »