Paul Wiseman, The Associated Press

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

IMF sketches a brighter view of global economy

The agency upgraded its growth forecast and now expects lower inflation

By Paul Wiseman, The Associated Press |January 30, 2024

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U.S. job openings rose in December, pointing to a still-durable labour market

The job market is cooling in a mostly painless way — through fewer openings

By Paul Wiseman, The Associated Press |January 30, 2024

1 min read

U.S. economy grew at surprisingly strong 3.3% pace last quarter

Optimism is growing that the Fed is on track to deliver a rare soft landing

By Paul Wiseman, The Associated Press |January 25, 2024

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Wholesale inflation in U.S. declined last month, signaling that price pressures are still easing

Softer price report could reassure the central bank's policymakers

By Paul Wiseman, The Associated Press |January 12, 2024

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U.S. inflation edged up in December

Energy and housing prices fuelled the increase

By Paul Wiseman, The Associated Press |January 11, 2024

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Global economy will slow for third straight year in 2024: World Bank

Heightened global tensions pose risk of weaker growth

By Paul Wiseman, The Associated Press |January 9, 2024

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U.S. job market remains resilient

December marked the 23rd straight month that joblessness has remained below 4%

By Paul Wiseman, The Associated Press |January 5, 2024

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Even as inflation cooled, Fed remained cautious about rate cuts

Minutes show that officials see further interest rate hikes as still possible, given economic uncertainty

By Paul Wiseman, The Associated Press |January 3, 2024

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Federal Reserve’s favoured inflation gauge tumbles in November

Month-over-month drop was the largest since April 2020

By Paul Wiseman, The Associated Press |December 22, 2023

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World economy expected to slow due to inflation, high rates and war: OECD

The organization projects that recessions will be avoided "almost everywhere"

By Paul Wiseman, The Associated Press |November 29, 2023

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U.S. economic growth for last quarter revised up

Consumer spending puts economy on track for 5.2% annual growth, up from 4.9% estimated last quarter

By Paul Wiseman, The Associated Press |November 29, 2023

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Sign of labour-market resiliency, U.S. unemployment claims drop

Jobless claims -- seen as a proxy for layoffs -- dropped by 24,000 to 209,000

By Paul Wiseman, The Associated Press |November 22, 2023

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Fragile global economy at stake as U.S. and China meet at APEC summit

Wednesday’s planned meeting between Biden and Xi would be the first time the two leaders will have spoken in a year

By Paul Wiseman, The Associated Press |November 13, 2023

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U.S. employers pulled back on hiring in October

A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates

By Paul Wiseman, The Associated Press |November 3, 2023

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U.S. job openings rise slightly to 9.6 million

Labour market shows strength, even as the Fed tries to cool the economy

By Paul Wiseman, The Associated Press |November 1, 2023

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Wholesale inflation in U.S. rises 2.2% in September

Biggest year-over-year gain since April

By Paul Wiseman, The Associated Press |October 11, 2023

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More evidence U.S. job market remains hot after openings rise unexpectedly in August

American employers posted 9.6 million job openings in August, up from 8.9 million in July

By Paul Wiseman, The Associated Press |October 3, 2023

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U.S. adds 187,000 jobs in August

The U.S. Labor Department also finds that wage gains are easing, a trend that may signal cooling inflation pressures

By Paul Wiseman, The Associated Press |September 1, 2023

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U.S. economic growth for last quarter revised downward

Consumer spending showed a decent gain but was down from Q1

By Paul Wiseman, The Associated Press |August 30, 2023

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U.S. wholesale inflation edges up

By all measures, inflation has cooled over the past year, moving closer to the Fed's 2% target level but still remaining persistently above it

By Paul Wiseman, The Associated Press |August 11, 2023

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