Christopher Rugaber, The Associated Press

Christopher Rugaber is a reporter with The Associated Press, an American not-for-profit news agency headquartered in New York City and founded in 1846.

Solid U.S. hiring lowers unemployment rate in latest sign of a still-sturdy job market

Employers are finding it easier to hire, with fewer complaints of worker shortages and less pressure to raise pay

By Christopher Rugaber, The Associated Press | December 8, 2023

5 min read

Fed’s Powell notes inflation is easing but says further progress is needed

Federal Reserve expected to hold interest rates at December meeting

By Christopher Rugaber, The Associated Press | December 1, 2023

3 min read

U.S. consumer inflation eased in October

Cheaper gas slowed overall price increases

By Christopher Rugaber, The Associated Press | November 14, 2023

3 min read

Moody’s lowers U.S. credit outlook but keeps triple-A rating

Biden administration criticizes the Moody's decision, insisting the American economy remains strong

By Christopher Rugaber, The Associated Press | November 13, 2023

2 min read

Powell reinforces Fed’s cautious approach to more interest rate hikes

Still, the Federal Reserve chair didn't rule out another increase

By Christopher Rugaber, The Associated Press | November 9, 2023

3 min read

Fed leaves key short-term interest rate unchanged

Leaves the door open to further rate hikes if inflation pressures should accelerate in the months ahead

By Christopher Rugaber, The Associated Press | November 1, 2023

4 min read

Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelines

Economists estimate that sharp losses in the stock and bond markets will have a depressive effect on the economy

By Christopher Rugaber, The Associated Press | October 31, 2023

4 min read

U.S. economic growth accelerated to strong 4.9% rate in Q3

The result came amid higher prices and interest rates

By Christopher Rugaber, The Associated Press | October 26, 2023

5 min read

Net worth of typical U.S. household surges

Wealth for the median household jumped 37% from 2019 to 2022, helping to sustain economic growth

By Christopher Rugaber, The Associated Press | October 18, 2023

3 min read

U.S. inflation grinds lower in September

But prices continue to rise faster than is consistent with the Fed's 2% target

By Christopher Rugaber, The Associated Press | October 12, 2023

4 min read

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