Paul Wiseman

Stay informed with Paul Wiseman’s coverage and analysis.

Page 9 of 16

LOS ANGELES, CALIFORNIA – JANUARY 03: A ‘Join Our Team’ sign is posted outside a coffee shop on January 03, 2024 in Los Angeles, California. U.S. job openings fell to 8.79 million in November, the lowest in over two years, according to the U.S. Labor Department. (Photo by Mario Tama/Getty Images)

Employers added a surprising 216,000 jobs in December, showing high interest rates are no match for the job market

By Paul Wiseman and The Associated Press

A 'Join Our Team' sign is posted outside a coffee shop

Jobs report December: Trend toward slower, but still healthy, hiring likely continued

By Paul Wiseman 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)

Fed chief Jerome Powell left interest rates unchanged last month but said further hikes are still ‘possible’

By Paul Wiseman and The Associated Press

SAUSALITO, CALIFORNIA – NOVEMBER 03: A customer walks by a now hiring sign posted in front of Target store on November 03, 2023 in Sausalito, California. According to a report by the Bureau of Labor Statistics, job growth slowed in October with a total of 150,000 new jobs added compared to analyst expectations of 180,000. The unemployment rate inched up to 3.9% from 3.8%. (Photo by Justin Sullivan/Getty Images)

Workers aren’t quitting anymore as job openings slide to lowest level since March 2021

By Paul Wiseman and The Associated Press

Customers are seen at the American multinational chain Starbucks Coffee store seen in Hong Kong.

U.S. companies are skittish about investing in China—unless it’s in fast food chains or cappuccinos

By Aamer Madhani, Paul Wiseman, and others

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)

Fed’s preferred inflation measure surprises economists by falling in November

By The Associated Press and Paul Wiseman

Taylor Swift performs onstage during "Taylor Swift | The Eras Tour"

Elon Musk, Taylor Swift, inflation and AI—here are the business stories that dominated 2023

By Paul Wiseman, Ken Sweet, and others

FILE – A combine, bottom, unloads grain into a wagon, top, while harvesting soybeans, Oct. 10, 2023, at a farm near Allerton, Ill. On Wednesday, the Labor Department releases producer prices data for November. The producer price index is an indicator measuring inflation at the wholesale level, hitting businesses before they pass costs along to consumers. (AP Photo/Joshua A. Bickel, File)

Inflation may finally be easing—prices for wholesale goods were unchanged in November

By Paul Wiseman and The Associated Press

SAN RAFAEL, CALIFORNIA – NOVEMBER 03: A now hiring sign is posted in front of a U-Haul rental center on November 03, 2023 in San Rafael, California. According to a report by the Bureau of Labor Statistics, job growth slowed in October with a total of 150,000 new jobs added compared to analyst expectations of 180,000. The unemployment rate inched up to 3.9% from 3.8%. (Photo by Justin Sullivan/Getty Images)

Job openings are at a 2-year low and unemployment aid at a 2-year high as the job cools

By Paul Wiseman, The Associated Press, and others

Workmen dig on a street in Waukegan, Ill., Monday, Nov. 6, 2023. On Wednesday, the Commerce Department issues its second of three estimates of how the U.S. economy performed in the third quarter of 2023. (AP Photo/Nam Y. Huh)

The red-hot economy is growing even faster than we thought, with GDP surging 5.2% last quarter

By Paul Wiseman, The Associated Press, and others

WASHINGTON, DC – NOVEMBER 09: U.S. Federal Reserve Board Chairman Jerome Powell participates in a panel discussion on “Monetary Policy Challenges in a Global Economy” at the 24th Jacques Polak Annual Research Conference on November 8, 2023 at the IMF headquarters in Washington, DC. The IMP hosted the conference to discuss “Global Interdependence.” (Photo by Alex Wong/Getty Images)

Global economy will sputter in 2024 because of inflation, interest rates and wars, OECD says

By Paul Wiseman and The Associated Press

A combine harvests corn, Tuesday, Oct. 10, 2023, at a farm near Allerton, Ill. On Wednesday, the Labor Department releases producer prices data for October. (AP Photo/Joshua A. Bickel)

Wholesale prices had their biggest drop in over 2 years, another sign inflation is fading away

By Paul Wiseman and The Associated Press

Economy

U.S. economy adds 150,000 jobs in October, likely down about 30,000 on auto strikes alone

By Paul Wiseman and The Associated Press

York, South Carolina, Now hiring, part time cooks sign posted outside Wing King Restaurant. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images)

Job openings rose again and layoffs fell in September as the labor market stays distinctly worker-friendly

By Paul Wiseman and The Associated Press

MOUNTAIN VIEW, CALIFORNIA – MAY 10: Alphabet CEO Sundar Pichai delivers the keynote address at the Google I/O developers conference at Shoreline Amphitheatre on May 10, 2023 in Mountain View, California. Google held its annual Google I/O developers conference where they are expected to unveil the new Pixel Fold foldable smartphone. (Photo by Justin Sullivan/Getty Images)

Google CEO Sundar Pichai swears under oath that $26 billion payment to device makers was partly to nudge them to make security upgrades and other improvements

By Paul Wiseman and The Associated Press