Stories by Paul Wiseman

Thursday, Sept. 15, 2016

Tepid economic data could lead Fed to delay increase

WASHINGTON - U.S. factory output fell, consumers cut back at retailers and wholesale prices went nowhere in August, the latest evidence of a less-than-robust economy.
By Paul Wiseman

Monday, July 11, 2016

New secret 'Masterplan' in works, Tesla CEO says

Tesla Motors CEO Elon Musk, under pressure after a fatal crash involving one of his electric cars, went on Twitter on Sunday to say he's working on another "Top Secret Tesla Masterplan." He said ...
By Paul Wiseman

Tuesday, April 12, 2016

Global economy losing momentum, official says

WASHINGTON - World finance officials who meet in Washington this week confront a bleak picture: Eight years after the financial crisis erupted, the global economy remains fragile and at risk of ...
By Paul Wiseman

Wednesday, March 2, 2016

US companies added 214,000 jobs in February

WASHINGTON — U.S. businesses added a healthy 214,000 jobs last month, another sign the U.S. job market is still resilient despite economic weakness overseas and financial market unrest.
By Paul Wiseman

Sunday, Jan. 24, 2016

Central banks feeling pressure to take action

WASHINGTON - The world's central banks are under pressure to do something about slumping economies and panicky stock markets.
By Paul Wiseman

Tuesday, Dec. 29, 2015

Healthy job market lifts US consumer confidence in December

A healthy job market boosts consumer spirits in December.
By Paul Wiseman

Thursday, Dec. 24, 2015

Average on US 30-year mortgage slips to 3.96 pct. a week after Fed raises short-term rates

One week after the Federal Reserve raised short-term interest rates slightly from record lows, the average on a 30-year fixed mortgage went the other way: It dipped to 3.96 percent this week from ...
By Paul Wiseman

Wednesday, Nov. 4, 2015

US businesses added 182K jobs in October

WASHINGTON — American businesses added a solid but unspectacular 182,000 jobs in October, according to a private survey.
By Paul Wiseman

Wednesday, Aug 12, 2015

China's currency devaluation and slowing economy being felt

WASHINGTON — A free-falling Chinese currency could make China’s goods cheaper for foreigners, squeeze Western companies, discourage Chinese tourism, increase China’s exports and complicate the ...
By Paul Wiseman

Friday, Aug 7, 2015

US consumer borrowing hits another record in June

WASHINGTON — U.S. consumer borrowing hit another record in June, good news for the American economy, as Americans add $20.7 billion in debt.
By Paul Wiseman

Friday, July 17, 2015

Rising gas prices push inflation up modestly in June

WASHINGTON — Rising gasoline prices pushed inflation up modestly in June, leaving overall consumer prices higher than they were a year earlier for the first time since December.
By Paul Wiseman

Friday, June 5, 2015

Housing debt is overwhelming older Americans

WASHINGTON — Of all the financial threats facing Americans of retirement age - outliving savings, falling for scams, paying for long-term care - housing isn't supposed to be one.
By Paul Wiseman

Thursday, June 4, 2015

IMF urges Federal Reserve to delay interest rate increase

The In­ternational Monetary Fund on Thurs­day urged the Federal Reserve to put off raising short-term interest rates until next year because the U.S. economy still needs help.
By Paul Wiseman

Friday, May 29, 2015

US consumer sentiment drops in May

WASHINGTON — A weak U.S. economy pulled down consumer sentiment in May.
By Paul Wiseman

Thursday, April 16, 2015

Unemployment rate for recent college grads rose in 2014

Unemployment for recent college graduates higher in 2014, but prospects brightening this year.
By Paul Wiseman

Friday, April 10, 2015

Stronger US economy and dollar tighten Latin American ties

Strong economy, dollar and Cuba breakthrough give US a chance to regain clout in Latin America.
By Paul Wiseman

Wednesday, April 1, 2015

US construction spending falls for second month in February

WASHINGTON — U.S. construction spending slipped for the second month in February, pulled down by a drop in single-family home building.
By Paul Wiseman

Tuesday, Feb. 24, 2015

US consumer confidence slides after big January gain

Consumer confidence slides after big January gain but remains above pre-recession levels.
By Paul Wiseman

Tuesday, Feb. 10, 2015

Robots replacing human factory workers at faster pace

Rise of the machines: Study sees robots cutting labor costs 16 pct. in world factories by 2025.
By Paul Wiseman

Thursday, Jan. 22, 2015

Macau ranks No. 1 in economic performance among world cities

WASHINGTON — Macau, the Chinese territory known for casino gambling, outperformed the rest of the world’s major cities economically last year, according to a report out Thursday.
By Paul Wiseman
 
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