US Consumer Sentiment Surges To Highest Level In 15 Years
The optimistic consumer outlook was mostly recorded before U.S.-China trade deliberations soured earlier this month. Read more
Trump Administration Will Delay Auto Tariffs For Up To Six Months
The White House had to decide by Saturday whether to slap tarifffs on autos over what it calls national security concern... Read more
China Accuses The US Of 'bullying Behavior'
"China always believes that raising tariffs is not a solution to the trade frictions," a Chinese Ministry of Commerce sp... Read more
US Recession Risk Rises As US-China Trade Tensions Heat Up: Reuters Poll
Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economis... Read more
Credit Card Rates Are Now At Their Highest Level In History And May Weigh On The Economy
It costs more than ever to pay with a credit card, which could be a drag on economic growth. Read more
US Housing Starts Rose More Than Expected In April
U.S. housing starts were expected to total 1.205 million in April, up from the 1.139 million starts reported for the pre... Read more
US Weekly Jobless Claims Fall More Than Expected
First-time claims for state unemployment benefits were expected to total 220,000 for the most recent week, down from the... Read more
The Atlanta Fed's GDP Forecast Is Sliding, And Expectations For Rate Cuts Are Surging
The Atlanta Fed's GDPNow tracker is pointing to a 1.1% gain in Q2. Markets expect a Fed rate cut as soon as September. Read more
Stronger Home Sales Boost Builder Confidence In May
The nation's homebuilders are reporting a rebound in sales, and that is making them more optimistic about the housing ma... Read more
Industrial Production Falls 0.5% Amid Big Decline In Auto Output
Manufacturing output fell 0.5%, led by a 2.6% decline in motor vehicles and parts, which has fallen in three of the past... Read more
Retail Sales Declined In April As Americans Cut Back On Spending
Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March Read more
Mortgage Applications Slightly Lower Despite Three Weeks Of Falling Rates
Mortgage hunters were not particularly impressed with the latest drop in interest rates. Read more
US Import Prices Rose Slightly In April, Suggesting Inflation Could Remain Tame For A While
U.S. import prices were seen rising 0.7% in April, after climbing 0.6% a month earlier. Read more
Fed's Williams Says Policymakers Need To Better Prepare For A Lower Interest Rate World
Torturously slow recoveries from recessions and low inflation are here to stay unless policymakers can get a better grip... Read more
Trump: We'll Know In Three To Four Weeks If China Trade Talks Are Successful
President Donald Trump offers a projection about how much longer the U.S. and China could be locked in heated trade nego... Read more