Breaking News: Economy
Private Payroll Growth Way Above Wall Street Estimates Despite Recession Fears
AMERICA - Published date: .
Company payrolls surged well above Wall Street estimates and at a time when fears have been growing about a looming rece... Read more
Private Payroll Growth Way Above Wall Street Estimates Despite Recession Fears
AMERICA - Published date: .
Company payrolls surged well above Wall Street estimates and at a time when fears have been growing about a looming rece... Read more
Private Payroll Growth Way Above Wall Street Estimates Despite Recession Fears
AMERICA - Published date: .
Company payrolls surged well above Wall Street estimates and at a time when fears have been growing about a looming rece... Read more
US Consumer Sentiment For August Comes In Well Below Estimates
AMERICA - Published date: .
The report comes amid a wild week for the stock market but after a handful of bullish reports in the consumer sector. Read more
US Housing Starts Drop For Third Straight Month
AMERICA - Published date: .
U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction of multi-family housi... Read more
Fed May Not Have Enough Firepower To Prevent A Recession
AMERICA - Published date: .
President Trump has been pressing the Fed to help head off a feared economic slowdown, but it's not clear the central ba... Read more
US Productivity Grew A Healthy 2.3% Rate In The 2nd Quarter
AMERICA - Published date: .
U.S. productivity increased at a decent pace in the second quarter, a trend that could lead to higher wages if it contin... Read more
New York, Philadelphia Business Indexes Show Solid Gains Despite Recession Fears
AMERICA - Published date: .
The Empire State manufacturing survey posted a 4.8 reading, while the Philadelphia business survey came in at 16.8, both... Read more
US Weekly Jobless Claims Rise More Than Expected
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 214,000 for the most recent week, up slightly f... Read more
US Retail Sales Rose Solidly In July In A Sign Of Consumer Optimism
AMERICA - Published date: .
U.S. consumers spent more at retail stores and restaurants in July. Read more
Consumer Price Inflation Rises Amid Increases In Gas And Housing Costs
AMERICA - Published date: .
The rise in inflation will likely do little to change expectations that the Fed will cut rates again next month amid wor... Read more
Main Yield Curve Inverts As 2-year Yield Tops 10-year Rate, Triggering Recession Warning
AMERICA - Published date: .
A recession occurs, on average, 22 months following such an inversion, according to Credit Suisse. Read more
Morgan Stanley: If The Trade War Escalates, A Recession Will Be Here In 9 Months
AMERICA - Published date: .
Morgan Stanley explains why "we will enter recession in 3 quarters" if the trade war continues to escalate. Read more
US Consumer Sentiment Index Hits 98.4 In July, Slightly Topping June Numbers
AMERICA - Published date: .
The University of Michigan's final print on its consumer sentiment index for July came in at 98.4, matching its mid-mont... Read more
Trade Deficit Remains Stubbornly High Amid Escalating Global Tensions
AMERICA - Published date: .
The U.S. deficit with its global trading partners edged lower in June but was bigger than expected. Read more
Payrolls Rise 164,000 As Labor Force Sets A Record High
AMERICA - Published date: .
Payroll growth rose in line with expectations in July and the unemployment rate remained at 3.7%. Read more
Beijing Responds To Trump's New $300 Billion Tariff Threat
AMERICA - Published date: .
China's foreign ministry reportedly said Friday that while Beijing did not want a trade war with the U.S., it was not af... Read more
ISM Manufacturing Index Falls To 51.2 In July; Construction Spending Down 1.3% In June
AMERICA - Published date: .
The U.S. manufacturing sector expanded in July, but the pace of growth decelerated to its weakest in nearly three years. Read more
US Weekly Jobless Claims Rise Moderately
AMERICA - Published date: .
The number of Americans filing applications for unemployment benefits increased last week. Read more
Fed Chairman Powell Says Rate Move Was A 'midcycle Adjustment,' Hinting More Cuts Not A Guarantee
AMERICA - Published date: .
Federal Reserve Chairman Jerome Powell said the central bank's rate cut was part of an ongoing move to adjust to economi... Read more
