Breaking News: Economy
US Weekly Jobless Claims Increase Slightly
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 215,000 in the most recent week, following the ... Read more
First-quarter Economic Growth Up 3.1%, Slightly Better Than Wall Street Expected
AMERICA - Published date: .
The second reading on first-quarter gross domestic product had been expected to ease to 3% from the 3.2% preliminary rea... Read more
The Market Now Thinks The Fed Will Cut Rates Twice By Late January
AMERICA - Published date: .
Futures trading indicated a 63% chance of a September cut and a 62% probability of another easing in January, according ... Read more
The Next Downturn Could See A 'radicalization' Of The Policies Used During The Financial Crisis
AMERICA - Published date: .
Policymakers pulled out all the stops to fix the financial crisis, but may even have to get more extreme when the next d... Read more
US Core Capital Goods Orders Tumble; Shipments Are Flat
AMERICA - Published date: .
New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the bro... Read more
US Weekly Jobless Claims Unexpectedly Fall
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly f... Read more
Fed Chair Powell: Business Debt Is Rising But Does Not Pose A Threat To The System
AMERICA - Published date: .
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up the... Read more
Atlanta Fed President Bostic Does Not See A Rate Cut This Year Like The Market Is Telegraphing
AMERICA - Published date: .
Bostic expressed confidence in the economy, and in the Fed's position on monetary policy, during an interview Monday wit... Read more
Three States Just Set New Lows For Unemployment — That Could Be Good For Trump In 2020
AMERICA - Published date: .
Vermont's 2.2%, Pennsylvania's 3.8% and Wisconsin's 2.8% set new lows for state unemployment rates. Read more
US Consumer Sentiment Surges To Highest Level In 15 Years
AMERICA - Published date: .
The optimistic consumer outlook was mostly recorded before U.S.-China trade deliberations soured earlier this month. Read more
US Housing Starts Rose More Than Expected In April
AMERICA - Published date: .
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
AMERICA - Published date: .
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
AMERICA - Published date: .
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
Industrial Production Falls 0.5% Amid Big Decline In Auto Output
AMERICA - Published date: .
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
US Import Prices Rose Slightly In April, Suggesting Inflation Could Remain Tame For A While
AMERICA - Published date: .
U.S. import prices were seen rising 0.7% in April, after climbing 0.6% a month earlier. Read more
Trump: We'll Know In Three To Four Weeks If China Trade Talks Are Successful
AMERICA - Published date: .
President Donald Trump offers a projection about how much longer the U.S. and China could be locked in heated trade nego... Read more
Fed's Neel Kashkari Says US Is 'in A Very Strong Position' In Escalating Trade War With China
AMERICA - Published date: .
Stocks are looking at another sharp drop, but Kashkari says broader indicators are showing little signs of stress as the... Read more
China Is Raising Tariffs On $60 Billion Of US Goods Starting June 1
AMERICA - Published date: .
The move follows President Trump's decision to hike tariffs on $200 billion in Chinese goods. Read more
US Trade Deficit Widens To $50 Billion In March
AMERICA - Published date: .
The U.S. goods and services deficit with its global trading partners widened slightly in March as demand for foreign goo... Read more
US Weekly Jobless Claims Fall Less Than Expected
AMERICA - Published date: .
The unexpectedly weak weekly jobless claims data could raise concerns that the robust labor market was losing some momen... Read more