Tag: Recessions and depressions
Pandemic recession ended in April, shortest on record
WASHINGTON — It hit like derailed train, was hugely destructive and now it's over.
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As stock prices peak, markets begin to fear looming threats
NEW YORK — With the U.S. economy humming, corporate profits flowing and stock prices peaking, investors on Wall Street are beginning to pose an...
As prices rise at rapid pace, Fed chief seeks patience
WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from...
Big jump in Indiana budget surplus triggering tax refund
INDIANAPOLIS — A big jump in Indiana’s state tax collections will result in a refund for taxpayers, although they’ll have to wait for that...
UN: world hunger was dramatically worse in pandemic year
ROME — The United Nations on Monday lamented what it called a “dramatic worsening" of world hunger last year, saying much of that is...
Populist Edwin Edwards, a ‘Cajun King,’ loved his Louisiana
NEW ORLEANS, La. — They were tough acts to follow on the stage of 20th century Louisiana politics: the arm-flailing Depression-era orator Huey Long,...
US average mortgage rates continue to fall; 30-year at 2.90%
WASHINGTON — Mortgage rates continued to fall this week, tracking a decline in yields on Treasury securities as the bond market continues to signal...
Have a seat: Patio furniture shortage tells US economic tale
COCKEYSVILLE, Maryland — People used to go to Valley View Farms to buy five tomato plants and end up with $5,000 in patio furniture.
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As employers struggle to fill jobs, teens come to the rescue
WASHINGTON — The owners of restaurants, amusement parks and retail shops, many of them desperate for workers, are sounding an unusual note of gratitude...
Fewer working-age people may slow economy. Will it lift pay?
WASHINGTON — As America's job market rebounds this summer and the need for workers intensifies, employers won't likely have a chance to relax anytime...