Stories by Christopher S. Rugaber

Thursday, March 12, 2015

Cold slows economy down

WASHINGTON - For a second year, harsh winter weather has kept Americans away from shopping centers, slowed home sales and weighed on U.S. economic growth.
By Christopher S. Rugaber

US retail sales fall for 3rd month as auto purchases drop

WASHINGTON — U.S. retail sales fell in February, as auto purchases dropped by the most in more than a year and Americans spent less at restaurants and home improvement stores.
By Christopher S. Rugaber

Applications for US unemployment benefits fall sharply

WASHINGTON — The number of people seeking U.S. unemployment benefits fell sharply last week, a sign that strong hiring will likely continue.
By Christopher S. Rugaber

Tuesday, March 10, 2015

US job openings reach a 14-year high, and more workers quit

WASHINGTON — U.S. employers advertised the most jobs in 14 years in January, and more workers quit — both signs of a steadily strengthening job market.
By Christopher S. Rugaber

Friday, March 6, 2015

US adds a robust 295K jobs; jobless rate falls to 5.5 percent

US employers added a robust 295K jobs in Feb; unemployment rate falls to 5.5 percent.
By Christopher S. Rugaber

Thursday, March 5, 2015

Applications for US jobless aid inch up to a 10-month high

WASHINGTON — The number of people seeking unemployment benefits rose last week to the highest level since May, though the pace of applications remains at a level consistent with steady hiring.
By Christopher S. Rugaber

Wednesday, March 4, 2015

Cheap oil, low interest rates brighten outlook for global economy

WASHINGTON — From the United States to Asia to Europe, a global economy that many had feared was faltering appears poised for a resurgence on the strength of cheap oil and falling interest rates.
By Christopher S. Rugaber

Friday, Feb. 27, 2015

Signed contracts to buy US homes rise to 18-month high

Signed contracts to buy US homes climb in January to highest level in nearly 18 months.
By Christopher S. Rugaber

Tuesday, Feb. 24, 2015

Fewer homes for sale pushes up US house prices in December

US home prices rise at steady pace in December, lifted by a limited supply of homes for sale.
By Christopher S. Rugaber

Thursday, Feb. 19, 2015

Applications for US unemployment aid plummet to 283,000

Applications for US unemployment benefits fall to 283,000, latest sign of improving job market.
By Christopher S. Rugaber

Wednesday, Feb. 18, 2015

Americans aren't spending their gasoline savings

Even though Americans spent $6.7 billion less at gas stations in January than they had two months earlier, the extra cash didn't get spent anywhere else: Retail sales, excluding gas, fell slightly ...
By Christopher S. Rugaber

Tuesday, Feb. 17, 2015

Large student debt load limits young Americans' home-buying

WASHINGTON — Younger Americans are struggling to keep up with steadily-rising student debt loads, a burden that is limiting their ability to buy homes.
By Christopher S. Rugaber

Sunday, Feb. 8, 2015

Unemployed slowed in job hunt despite growth

The job market remains a frustrating place for America's 9 million unemployed despite recent job growth. Multiple interviews, blackhole job sites and skill deficiencies have kept the process long ...
By Christopher S. Rugaber

Friday, Feb. 6, 2015

Nation sees increase in jobs, pay in January

A resurgent job market in January signaled that the U.S. economy is regaining the strength of a healthy recovery - with wages rising and people looking for jobs again.
By Christopher S. Rugaber

Wednesday, Feb. 4, 2015

US businesses post steady job gain in January

WASHINGTON — U.S. companies hired at a solid pace last month, a private survey found, the latest sign of steady improvement in the job market.
By Christopher S. Rugaber

Monday, Feb. 2, 2015

US factories grew last month at slowest pace in a year

US manufacturers expanded last month at slowest pace in a year as orders, hiring weaken.
By Christopher S. Rugaber

Thursday, Jan. 29, 2015

US unemployment benefit applications plunge to 15-year low

WASHINGTON — The number of people seeking unemployment aid plunged last week to the lowest level in almost 15 years, a sign hiring will likely remain healthy.
By Christopher S. Rugaber

Wednesday, Jan. 14, 2015

Holiday shopping slump: US retail sales fell in December

WASHINGTON — U.S. retail sales stumbled last month in a sign consumers remained frugal even as gas prices declined and hiring picked up.
By Christopher S. Rugaber

Tuesday, Jan. 13, 2015

US job openings jump to 14-year high

US job openings jump to 14-year high in latest sign that strong hiring will continue.
By Christopher S. Rugaber

Friday, Jan. 9, 2015

US gains 252K jobs; unemployment falls to 5.6 percent

WASHINGTON — The United States capped its best year for hiring in 15 years with a healthy gain in December, and the unemployment rate hit a six-year low. 
By Christopher S. Rugaber
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$1 million settlement reached in North Augusta police shooting

A $1 million settlement has been reached with the North Augusta police and officials in Edgefield County in the case of a 68-year-old black man shot to death by a police officer after a slow-speed ...
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