US economic growth revised down slightly to 2.5 pct. in Q4

WASHINGTON (AP) — U.S. economic growth was revised down slightly to a still-solid 2.5 percent rate in the final three months of last year. The Commerce Department says the fourth quarter advance in the gross domestic product, the economy’s total output of goods and services, followed even faster increases of 3.1 percent in the second […]

US added strong 200K jobs in January; pay up most in 8 years

WASHINGTON (AP) — U.S. employers added a robust 200,000 jobs in January, and wages rose at the fastest pace in more than eight years, evidence of a consistently healthy job market. The pay gains suggest that employers are increasingly competing for a limited pool of workers. Raises stemming from Republican tax cuts and minimum wage […]