Tips, overtime, Social Security: A look at Donald Trump's no-tax pledges and what they might cost

Donald Trump has pledged to end taxes on everything from tips to Social Security and overtime pay if he's elected to the White House again. But he hasn't detailed how he would fund those ideas and avoid creating a huge budget shortfall, beyond arguing he will usher in an economic boom. ...

This week: Consumer prices report, wholesale inflation data, consumer sentiment update

A look at some of the key business events and economic indicators upcoming this week. Measuring inflation The Labor Department releases its consumer prices report for September on Thursday. Economists predict inflation continued easing last month. The...

The US could have seen shortages and higher retail prices if a dockworkers strike had dragged on

NEW YORK (AP) — U.S. ports from Maine to Texas shut down this week when the union representing about 45,000 dockworkers went on strike for the first time since 1977. The union representing the striking U.S. dockworkers, the International Longshoremen’s Association, reached a deal...

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market

WASHINGTON (AP) — America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy. Last month’s gain was far more than economists...

Speaker Johnson lays out agenda for Republicans as they fight to hold House majority

WASHINGTON (AP) — Speaker Mike Johnson laid out on Tuesday a policy agenda should Republicans take the majority next year that extends the tax cuts approved when Donald Trump was president, reduces the size of the federal workforce and gives parents more choice on where they can send their...

The US could see shortages and higher retail prices if a dockworkers strike drags on

NEW YORK (AP) — U.S. ports from Maine to Texas shut down Tuesday when the union representing about 45,000 dockworkers went on strike for the first time since 1977. Workers began walking picket lines early Tuesday, picketing near ports all along the East Coast. Workers outside the...

US job openings rise to 8 million as labor market remains sturdy

WASHINGTON (AP) — U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience. The Labor Department reported Tuesday that employers posted 8 million vacancies in August, up from 7.7 million in July. Economists had expected openings to be...

Inflation in Europe falls below 2% and opens the way for faster rate cuts

FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank's target of 2% for the first time in more than three years as falling energy prices give consumers relief from a burst of inflation that at one point reached into...

Inflation falls to 1.8% in Europe, below European Central Bank's 2% target for first time in more than 3 years

Japan's central bank survey underpins optimism about growth

TOKYO (AP) — Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to a closely watched survey called “tankan” released Tuesday. The Bank of Japan survey put the benchmark index at plus-13 for the...