Christopher Rugaber

Stay informed with Christopher Rugaber’s coverage and analysis for Fortune.

Page 11 of 23

  • Cubicle workerFinance

    The huge tech and media layoffs are outliers: Blockbuster job growth shows certain sectors over-hired in pandemic

    By Christopher Rugaber and The Associated Press
  • U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Dec. 13, 2023. The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as inflation continued to cool, signaling an end to its rate hiking cycle and possible rate cuts next year. (Photo by Liu Jie/Xinhua via Getty Images)Finance

    Fed likely won’t be cutting interest rates soon, it signals in new FOMC statement

    By The Associated Press and Christopher Rugaber
  • Jerome PowellFinance

    The Fed’s preferred inflation metric cooled again in December as soft landing beckons

    By Christopher Rugaber, Will Daniel, and others
  • A customer checks prices while shopping at a grocery store in Wheeling, Ill., Friday, Jan. 19, 2024. A typical basket of groceries now costs 20% more than in February 2021, just before inflation began to take off. (AP Photo/Nam Y. Huh)Politics

    Slower inflation, higher incomes, lower gas prices and a rising stock market—Americans are starting to like the economy

    By Christopher Rugaber and The Associated Press
  • Christopher WallerFinance

    Inflation, employment picture ‘almost as good as it gets,’ top Federal Reserve official says

    By Christopher Rugaber and The Associated Press
  • Jerome Powell, chairman of the US Federal Reserve, listens during a roundtable discussion at Spelman College in Atlanta, Georgia, US, on Friday, Dec. 1, 2023. Powell pushed back against Wall Street’s growing expectations of interest-rate cuts in the first half of 2024, saying the committee will move cautiously with borrowing costs at a 22-year high but retain the option to hike further. Photographer: Alyssa Pointer/Bloomberg via Getty ImagesFinance

    Fed expected to keep interest rates unchanged—does that mean rate hikes are over?

    By Christopher Rugaber and The Associated Press
  • A “Now Hiring” sign at a Lowe’s store in Glenmont, New York, US, on Tuesday, Nov. 14, 2023. Lowe’s Cos. is expected to release earnings figures on November 21. Photographer: Angus Mordant/Bloomberg via Getty ImagesFinance

    Economy adds 199,000 jobs in November and unemployment rate falls: ‘We’ll be exiting 2023 without a recession’

    By The Associated Press, Christopher Rugaber, and others
  • Jerome PowellFinance

    November jobs report to offer latest pivotal clue on whether U.S. economy is pulling off the near-miraculous ‘soft landing’

    By Christopher Rugaber and The Associated Press
  • An Amazon Prime delivery person struggles with packages while making a stop at a high-rise apartment building on Tuesday, Nov. 28, 2023, in Denver. (AP Photo/David Zalubowski)Finance

    The Fed’s favorite inflation measure showed price hikes are at their slowest rate since late 2020

    By The Associated Press and Christopher Rugaber
  • American shopperFinance

    Americans are upset about surviving a pandemic and paying for the privilege: ‘They want these prices to be back where they were’

    By Christopher Rugaber and The Associated Press
  • Man wearing a protective face mask while shopping in a supermarket while on a budget. He is looking for low prices due to inflation. He is living in the North East of England and is holding his mobile phone while looking at the camera.Retail

    After summer splurges, consumers are cutting back — sending retail sales falling for the first time in 6 months

    By Anne D'Innocenzio, Christopher Rugaber, and others
  • AUSTIN, TEXAS – AUGUST 03: A person pumps gas at a Shell gas station on August 03, 2023 in Austin, Texas. Gas stations around the country have boosted prices by an average of 26 cents a gallon over the past month as irregular temperatures have made fuel-making more challenging due to the slowing of cooling processes needed to refine crude oil. (Photo by Brandon Bell/Getty Images)Finance

    Consumer inflation stayed flat in October thanks to cheaper gas, which slowed overall price increases

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    Jerome Powell’s Federal Reserve is still on pause when it comes to rate hikes—for now

    By Christopher Rugaber and The Associated Press
  • Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New YorkFinance

    Blockbuster economic data from last few weeks has made Fed’s rate announcement today that much harder: ‘The Fed has to talk tough’

    By Christopher Rugaber and The Associated Press
  • A construction worker checks his safety gear while working on a balcony on a high-rise residential building under construction in Arlington, VA., Monday, Oct. 16, 2023. On Tuesday, the government is releasing its latest quarterly report on wages and salaries. In the previous report, those labor costs grew more slowly, suggesting that employers were feeling less pressure to boost pay. (AP Photo/J. David Ake)Finance

    Hot jobs market continues to challenge Fed’s inflation fight as wages extended their rise over the summer

    By Christopher Rugaber and The Associated Press