WASHINGTON - A plunge in energy-related drilling and sluggish manufacturing sent U.S. industrial output down for a fifth consecutive month in April.
With US economy still uncertain, a Fed rate increase seems unlikely before fall at earliest.
WASHINGTON - Younger Americans are struggling to keep up with steadily-rising student debt loads, a burden that is limiting their ability to buy homes.
Factory output rises 1.1 percent in November; auto production growth accelerates sharply.
Fear drove Wall Street to one of its most dramatic, nauseating days in years Wednesday. Investors fled stocks and poured into bonds as worries about a global economic slowdown intensified.
For the first time since the recession ended 5½ years ago, America's unemployed are now as likely to be hired as to stop looking for a job.
Although the labor market has made strides in recovery since last spring, experts warn that many recent college graduates still face a dim outlook when looking for a job after graduation.
The national student loan debt surpassed $1 trillion last year and is a cause of concern for both students and economists.
NEW YORK - Some comforting news for recent college graduates facing a tough job market and years of student loan payments: That college degree is still worth it.
Americans increased their borrowing in May at the fastest pace in a year. Borrowing in the category that includes credit cards reached its highest point since the fall of 2010.