Christopher S. Rugaber

Coronavirus spread prompts Federal Reserve to slash rates in surprise move

March 3, 2020 at 9:10 a.m.

In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the...

Former Federal Reserve Chairman Paul Volcker has died

December 9, 2019 at 8:32 a.m.

Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died,...

U.S. firms keep hiring, easing worries of weakening economy

December 6, 2019 at 10:33 p.m.

American businesses have complained for years that they can’t find the workers they need to fill available jobs. November’s robust hiring gain suggests that at least some have found a...

Fed cuts rates a 3rd time this year but signals likely pause

October 30, 2019 at 12:53 p.m.

The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it...

President Donald Trump, accompanied by Agriculture Secretary Sonny Perdue, left, smiles during a meeting to support America's farmers and ranchers in the Roosevelt Room of the White House, Thursday, May 23, 2019, in Washington.

Trade impasse: Trump pledges $16B to farmers; markets slump

May 23, 2019 at 4:31 p.m.

WASHINGTON 鈥� President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the...

President Donald Trump smiles during a ...

Hiring surge lifts economy 鈥� and Trump鈥檚 re-election chances

May 3, 2019 at 3:25 p.m.

The day鈥檚 new round of sunny employment figures offered fresh evidence of a strong national economy -- and a big political advantage for Donald Trump just as the 2020 presidential...

U.S. employers add robust 304K jobs; unemployment up to 4 percent

February 1, 2019 at 6:50 a.m.

U.S. employers shrugged off last month's partial government shutdown and engaged in a burst of hiring in January, adding 304,000 jobs, the most in nearly a year.

Mike Lynch, owner of Western Heritage, ...

Federal shutdown hits businesses hard, including Colorado belt buckle maker

January 24, 2019 at 8:04 p.m.

From power restaurants in Washington and a belt-buckle maker in Colorado to a brewery in California, businesses that count heavily on federal employees as customers are feeling the punishing effects...

Number of federal workers seeking jobless aid doubles, tops 10,000 in the U.S.

January 17, 2019 at 2:13 p.m.

The number of furloughed federal employees seeking unemployment benefits jumped in the first two weeks of the shutdown, topping 10,000 during the week of Jan. 5.

U.S. home construction rose last month, led by apartments

December 18, 2018 at 7:10 a.m.

U.S. developers broke ground on more homes last month, but the increase occurred entirely in apartments. The construction of new single-family houses fell.

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