Inflation
April hiring gains reflect a still-resilient US job market By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy. The unemployment…
How will we know if the US economy is in a recession? By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The government’s report Thursday that the economy grew at a 1.1% annual rate last quarter signaled that one of the most-anticipated recessions in recent U.S. history has yet to arrive. Many economists, though, still…
SOUTH PORTLAND, Maine (AP) — For all the worries about inflation and the economy, Americans aren’t scrimping on a centerpiece of many celebrations this holiday season: the Christmas tree. Retailers from Home Depot and Lowes to mom and pop operations raised their prices on trees — but people are still buying them. Some Christmas tree…
While WYDOT is facing crew shortages throughout the state, District 5 and the Bighorn Basin have been fortunate – they’ve been able to attract qualified employees and keep them. Cody Beers, the public relations specialist for WYDOT, offers insight into some of the agency’s obstacles and goals. “What I would say about working in the…
Senator Barrasso chastizes President Joe Biden and Democrat leadership in Congress for letting inflation reach record highs and tapping into the nation’s strategic reserve as a short-term solution. Since the beginning, Wyoming Senator John Barrasso has been a determined and unabashed critic of the Biden Administration’s energy policies. In a K.O.D.I. interview, the senator said…
Record-level inflation over the last year hurt many hard-working Wyoming families, forcing difficult financial decisions. In June of this year, when gasoline prices rose to their highest recorded levels, Governor Mark Gordon established the “Gas and Diesel Working Group.” He tasked them with finding solutions to help provide relief at the fuel pump for Wyoming…
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more large interest rate hikes in coming months and is resolutely focused on taming the highest inflation in four decades. Powell also warned more explicitly than he has in the past that the Fed’s continued…
By CHRISTOPHER RUGABER AP Economics Writer JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more large interest rate hikes in coming months and is resolutely focused on taming the highest inflation in four decades. Powell acknowledged that the Fed’s continued tightening of credit…
Wyoming hit its record-high price per gallon of gasoline for the first time in nearly 15 years – and there are no signs the rise is stopping any time soon. Ongoing inflation and international crises continue to raise the price of gasoline across the United States. Unfortunately, Wyomingites will find no relief as its average…
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months” before “moderating.” At the same time, Powell signaled no imminent change in the Fed’s ultra-low-interest rate policies. In written testimony he will deliver later Wednesday to the House…
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