US Economy
US Retail Sales Edge Up In January, But December Is Revised Sharply Lower
AMERICA - Published date: .
U.S. retail sales unexpectedly rose in January, lifted by an increase in purchases of building materials and discretiona... Read more
Fed Chair Powell: 'The Law Is Clear,' Trump Can't Fire Me
AMERICA - Published date: .
Fed Chairman Jerome Powell tells "60 Minutes" that President Trump cannot remove him from office. Read more
Blue Collar No More: Skilled Auto Technicians Are In High Demand
AMERICA - Published date: .
The tight labor market, while frustrating for employers, can be a boon for blue-collar workers: They are more likely to ... Read more
Here's What The 'real' Unemployment Rate Is
AMERICA - Published date: .
The unemployment rate fell to 3.8 percent in February, according to the Labor Department. But a broader measurement says... Read more
US Housing Starts Jump More Than Expected In January
AMERICA - Published date: .
U.S. homebuilding increased more than expected in January as construction of single-family housing rebounded after four ... Read more
Job Creation Grinds To A Near-halt In February; Wages Still On The Rise
AMERICA - Published date: .
Job growth increased by just 20,000 in February after a blistering start to the year, even as the unemployment rate fell... Read more
US Households See Biggest Decline In Net Worth Since The Financial Crisis
AMERICA - Published date: .
Net worth dropped to $104.3 trillion as 2018 came to an end, a slide of $3.73 trillion, according to figures released Th... Read more
The Fed Doesn't Have To Worry About High Inflation Anymore, And That's A Problem
AMERICA - Published date: .
There was a time not so long ago that defeating inflation would have been considered a huge victory for the Federal Rese... Read more
US Productivity Rose A Modest 1.9% In The Fourth Quarter
AMERICA - Published date: .
U.S. productivity grew at a rate of 1.9 percent in the fourth quarter, a slight improvement over the third quarter. Read more
US Weekly Jobless Claims Unexpectedly Fall
AMERICA - Published date: .
The jobless claims data pointed to strong labor market conditions despite signs that job growth was slowing. Read more
US Trade Deficit Surges To 10-year High In December, Ends 2018 At $621 Billion Despite Tariffs
AMERICA - Published date: .
The U.S. trade deficit ballooned in December to $59.8 billion, ahead of expectations, and was $621 billion for all of 20... Read more
Private Payrolls Up 183,000, But Moody's Economist Says Jobs May Have Peaked
AMERICA - Published date: .
Job creation at the company level cooled in February after a sizzling start to 2019, according to a report from ADP and ... Read more
Weekly Mortgage Applications Fall, But Hint At Who Is Buying Homes Today
AMERICA - Published date: .
A slight rise in interest rates caused a pullback in mortgage demand last week. Read more
US New Home Sales Hit 7-month High, Services Sector Rebounds
AMERICA - Published date: .
Sales of new U.S. single-family homes rose to a seven-month high in December, but November's outsized jump was revised l... Read more
Home Prices Could Be On The Verge Of Heating Up Again, According To A New Report
AMERICA - Published date: .
Home prices in January rose at the slowest pace in nearly seven years, but buyers shouldn't feel too confident. Read more
Fed May Need Time To Have Clarity On US Economy: Rosengren
AMERICA - Published date: .
The Federal Reserve may need "several meetings" to get a good read on the U.S. economy, a top monetary policymaker said ... Read more
Trump Scraps India's Preferential Trade Treatment, While Delhi Downplays The Impact
AMERICA - Published date: .
President Donald Trump said Monday he intends to end India's preferential trade treatment under a program that allows $5... Read more
US Construction Spending Unexpectedly Falls In December
AMERICA - Published date: .
U.S. construction spending unexpectedly fell in December as investment in both private and public projects dropped, furt... Read more
Treasury Yields Slightly Lower Amid Reports Of US-China Trade Progress
AMERICA - Published date: .
Investor focus was mostly attuned to global trade developments, after a report overnight said the U.S. and China were cl... Read more
Goldman Sachs Takes A Look At What A US-China Trade Deal Might Look Like
AMERICA - Published date: .
The process of reaching a U.S.-China trade deal could take place in three phases, said investment bank Goldman Sachs in ... Read more