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Christopher S. Rugaber

U.S. employers posted more jobs in January

WASHINGTON – Employers posted more open positions in January compared with December and the number of Americans quitting jumped, trends that could push up wages. Job openings rose...

Americans spent slightly more at retail stores last month

WASHINGTON – Americans spent only slightly more last month at retail stores compared with January, a sign of consumer caution despite rising optimism about the economy. The Commer...

Private employers added robust 298K jobs last month

WASHINGTON – U.S. businesses added the most jobs in three years last month, a private survey found, a sign that hiring may be accelerating from last year’s modest levels. Payroll ...

Consumer spending up slightly

WASHINGTON – U.S. consumer spending rose at only a sluggish pace in January, even as signs of growing optimism about the economy have emerged. Consumer spending increased 0.2 perc...

U.S. home prices rise in December at fastest pace in a year

WASHINGTON – U.S. home prices rose in December from a year earlier at the fastest pace in 11 months, as prospective buyers bid against each other for a limited supply of available property. ...

Fewer Americans signed contracts to buy homes in January

WASHINGTON – Fewer Americans signed contracts to purchase homes last month as rising prices, higher mortgage rates and a dwindling supply of available homes appeared to frustrate many potent...

New home sales rise in sign of housing market health

WASHINGTON – Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates. New home sal...

Existing home sales pick up speed in U.S.

WASHINGTON – Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. Home sales rose 3.3 percent in January from December...

New housing starts fall across U.S.

WASHINGTON – U.S. builders broke ground on fewer homes last month, led by a drop in apartment construction. The number of new housing starts declined 2.6 percent in January to a s...

U.S. hiring accelerates in January

WASHINGTON – U.S. employers stepped up hiring last month, adding a healthy 227,000 jobs, and more Americans began looking for work, a sign that President Donald Trump has inherited a robust ...

Apartments drive home construction up

WASHINGTON – U.S. builders ramped up home construction in December, led by a surge of apartment building, while single-family houses lagged. Housing starts jumped 11.3 percent las...

U.S. job market has changed under Obama

WASHINGTON – When President Barack Obama took office in January 2009 in the midst of the Great Recession, the economy was hemorrhaging jobs. Employers were panicking in the face of plummetin...