economy

The 3.1% growth in the first quarter marked a rebound from a 2.2% growth rate in the fourth quarter of last year.

The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated.

U.S. employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery.

SEOUL, South Korea (AP) — Hyundai Motor Group says it will significantly increase its investment in the U.S. while Donald Trump is president and it is considering building a new U.S. factory.

NEW YORK (AP) — Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations.

MANCHESTER, N.H. (AP) — Donald Trump is focusing his economic message on boosting jobs and making the country more competitive on a global stage by cutting business taxes, reducing regulations and increasing domestic energy production.

A giant discount retailer is pledging to hire more veterans.

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says the Federal Reserve remains patient in deciding when to start raising interest rates because too many Americans remain unemployed, wage growth remains sluggish and inflation is running below the Fed's target.

WASHINGTON (AP) — President Barack Obama's top economists say that even as the U.S. has managed to kick-start a lasting and growing recovery, modest wage gains are far from making up for decades of paycheck stagnation for middle-class workers.

WASHINGTON (AP) — U.S. wholesale businesses increased their stockpiles in December at the slowest pace in 17 months, and sales were weak for a fifth month.