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Christopher S. Rugaber

Applications for U.S. unemployment aid plummet to 42-year low

WASHINGTON – Six years after a brutal recession that wiped out more than 8.5 million jobs, Americans are now enjoying a nearly unprecedented level of job security. The number of ...

U.S. unemployment falls to 7-year low, but wages are flat

WASHINGTON – U.S. unemployment fell to a seven-year low of 5.3 percent and employers hired at a solid pace in June, but other gauges of the job market drew a bleaker picture: A wave of peopl...

U.S. household wealth reaches new high of nearly $85 trillion

WASHINGTON – A rising stock market and climbing home prices boosted Americans’ net worth to a new high in the first three months of the year. The Federal Reserve said Thursday tha...

Lack of supply pushing home prices up

WASHINGTON – U.S. home prices rose at a steady pace in March, pushed higher by a limited supply of houses for sale. The Standard & Poor’s/Case-Shiller 20-city home price index ro...

Jobs report spurs new economic hope

Unemployment rate nears healthy level

Jobs trimmed in 31 states

Hiring, growth may rebound this spring

Higher gasoline costs lift U.S. consumer prices after 3 declines

WASHINGTON – A slight rise in gasoline costs and broad increases in other categories lifted consumer prices in February, a welcome sign after three straight months of declines that had point...

Signed contracts to buy U.S. homes rise to 18-month high

WASHINGTON – The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year. ...

U.S. home prices rise slowly

WASHINGTON – U.S. home values rose at a modest pace in December, a sign there are too few potential buyers to bid up prices. Real estate data provider CoreLogic says home prices ...

Job market picks up, but jobless frustrated

Number looking is twice what’s available

U.S. gains strong 257K jobs, pay jumps; jobless rate 5.7 percent

WASHINGTON – U.S. employers added a vigorous 257,000 jobs in January, and wages jumped by the most in six years – evidence that the job market is accelerating closer to full health. ...

U.S. predicted to outperform in 2015

Economies in China, Russia, Japan, Europe all struggling