Author: Paul Davidson, USA TODAY

The Federal Reserve raised interest rates and forecast two more hikes next year. The Fed aims to prevent a run-up in inflation.

The economy added tepid 155,000 jobs in November. Economists expected 199,000 gains.

The share of laid-off workers seeking jobless benefits is lowest on record. It’s raising questions about a vital safety net in event of downturn

Trump is “highly unlikely” to back off plans to raise tariffs on Chinese imports to 25%, he told the Wall Street Journal. He could hit iPhones, laptops

The drop in oil and gas prices is likely to lift consumer spending and the economy. That boost should more than offset a dip in oil investment.

US homes over $1 million increased by 400,000 the past year, the largest jump since 2012. Long Island, Seattle, California among pricey spots

The Fed held its key interest rate steady at 2% to 2 1/4%. With an upbeat economic outlook, it signaled a likely rate hike at its December meeting.

Economy adds 250,000 jobs in October. The employment report is the last before midterm elections. Economists expected 200,000 payroll gains

Healthy consumer spending and business stockpiling helped keep the U.S. economy on a roll in the third quarter