christopher rugaber

WASHINGTON | AP FACT CHECK: Trump inflates jobs improvement for veterans

WASHINGTON  — President Donald Trump is spinning a tale regarding the number of jobs he’s provided for military veterans. At a veterans’ event Thursday, he said the unemployment rate for former service members is its best in 21 years. He’s not even close. It’s only a one-year low. And it was even lower 18 years … Continue reading WASHINGTON | AP FACT CHECK: Trump inflates jobs improvement for veterans

WASHINGTON | US retail sales rose a solid 0.8 percent last month

WASHINGTON— U.S. retail sales rose at a healthy pace in October, though the gains were likely boosted by one-time factors such as hurricane recovery spending and higher gas prices. The Commerce Department said Thursday that retail sales rose a seasonally adjusted 0.8 percent last month, following two months of slight declines. Excluding gasoline sales, which … Continue reading WASHINGTON | US retail sales rose a solid 0.8 percent last month

WASHINGTON | AP FACT CHECK: Trump’s election fiction on GOP wins, economy

WASHINGTON — Fresh off the GOP’s loss of the House, President Donald Trump is fudging the success of a “booming” economy and overstating the impact of his campaigning on the midterm elections. He suggested that every Republican congressional candidate for whom he paid a visit to their state to rally voters prevailed on Election Day. … Continue reading WASHINGTON | AP FACT CHECK: Trump’s election fiction on GOP wins, economy

WASHINGTON | US wholesale prices jump 0.6 percent, most in 6 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 Friday that the producer price index — which measures price increases before they reach the consumer — leapt 0.6 percent in October, after a smaller 0.2 percent rise in … Continue reading WASHINGTON | US wholesale prices jump 0.6 percent, most in 6 years

WASHINGTON | Survey: US companies add a robust 227,000 jobs in October

WASHINGTON— U.S. companies added 227,000 jobs in October, according to a private survey, a healthy gain that suggests companies are still finding workers to hire even as the unemployment rate has fallen to a 49-year low. Payroll processor ADP said Wednesday that employers added jobs in manufacturing, retail, and professional services such as engineering. October’s … Continue reading WASHINGTON | Survey: US companies add a robust 227,000 jobs in October

WASHINGTON | US home sales fell in September to slowest pace in 3 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. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally adjusted annual rate of 5.15 … Continue reading WASHINGTON | US home sales fell in September to slowest pace in 3 years

WASHINGTON | US unemployment falls to 3.7 percent _ lowest since 1969

WASHINGTON— The U.S. unemployment rate fell in September to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and the space program were going full blast. The Labor Department reported Friday that the rate edged down from 3.9 percent the month before as … Continue reading WASHINGTON | US unemployment falls to 3.7 percent _ lowest since 1969

WASHINGTON | US unemployment rate falls to 49-year low of 3.7 percent

WASHINGTON — The U.S. unemployment rate fell to 3.7 percent in September — the lowest level since December 1969 — while hiring slowed. Employers added just 134,000 jobs, the fewest in a year, the Labor Department said Friday. But that figure was likely lowered by Hurricane Florence. Florence struck North and South Carolina in the … Continue reading WASHINGTON | US unemployment rate falls to 49-year low of 3.7 percent