Latest News Updates From Christopher Rugaber

Government, Business

Wholesale Prices Jump 0.6%, Most in Six Years

WASHINGTON — U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food and chemicals. The Labor Department said Nov. 9 that the producer price index — which measures price increases before they reach the consumer — leapt 0.6% in October, after a smaller 0.2% rise in September.

November 9, 2018
Government, Business

250,000 Jobs Added; Pay Growth Fastest Since 2009

WASHINGTON — The final major economic report before the Nov. 6 congressional elections showed that U.S. employers added a stellar 250,000 jobs in October and raised average pay by the most in nearly a decade.

November 2, 2018
Government, Business

91ÊÓÆµ Price Gains Weaken for Fifth Straight Month

WASHINGTON — U.S. home price gains slowed for the fifth straight month in August as higher mortgage rates have lowered home sales. The deceleration reflects a broader weakening in the nation’s housing market. Sales of existing homes have dropped for six straight months, and sales of new homes have fallen for the past four.

October 30, 2018
Government, Business

US 91ÊÓÆµ Sales Fell in September to Slowest Pace in Three Years

WASHINGTON — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy.

October 19, 2018
Government, Business

Employers Post Record Number of Open Jobs in August

WASHINGTON — U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up amid solid economic growth.

October 16, 2018
Government, Business

Wholesale Prices Rose 0.2% in September

U.S. wholesale prices rose 0.2% last month, held down by lower food and energy costs, suggesting that inflation remains in check despite the economy’s robust growth.

October 10, 2018
Government, Business

Durable Goods Orders in August Jump 4.5%

WASHINGTON — Orders for long-lasting U.S. factory goods rose at a healthy pace last month, though the increase was mostly driven by a surge in aircraft demand.

September 27, 2018
Government, Business

US 91ÊÓÆµ Prices Rise at Slowest Pace in Nearly a Year

WASHINGTON — U.S. home prices rose in July at the slowest pace in 10 months as home sales have stumbled amid higher mortgage rates.

September 25, 2018
Government, Business

US Hiring Picked up in August as Pay Surged Most in 9 years

WASHINGTON — The pace of hiring in the United States quickened in August, and wages grew at their fastest pace in nine years — evidence that employers remain confident despite the Trump administration’s ongoing conflicts with its trading partners.

September 7, 2018
Government, Business

Survey: US Companies Added a Solid 163,000 Jobs in August

WASHINGTON — U.S. businesses added 163,000 jobs in August, a private survey found, a decent gain that suggests that employers are confident enough to keep hiring.

September 6, 2018