Breaking News: Economy
The Federal Reserve Just Pledged Asset Purchases With No Limit To Support Markets
AMERICA - Published date: .
The Federal Reserve launched a barrage of programs aimed at helping markets function more efficiently amid the coronavir... Read more
Weekly Jobless Claims Jump To 281,000 Ahead Of Surge In Coronavirus Layoffs
AMERICA - Published date: .
Jobless claims rose to 281,000 last week, reflecting only the first indications of the impact the coronavirus will have ... Read more
Federal Reserve To Shore Up Prime Money Market Funds Amid Wall Street Rout
AMERICA - Published date: .
The new Money Market Mutual Liquidity Fund will provide loans to financial institutions to buy assets from prime money m... Read more
US Housing Starts Fall Less Than Expected In February
AMERICA - Published date: .
U.S. homebuilding fell in February, pulled down by a sharp decline in the construction of multifamily housing units, and... Read more
The Federal Reserve Is Adding Another Program To Keep Money Flowing For Big Financial Institutions
AMERICA - Published date: .
In the central bank's latest effort to keep credit markets flowing, the Fed announced a Primary Dealer Credit Facility, ... Read more
Fed Will Help Businesses Get Up To $1 Trillion In Funding In The Short-term Borrowing Markets Amid Coronavirus Crisis
AMERICA - Published date: .
In a move much anticipated on Wall Street, the bank announced a special credit facility to purchase corporate paper. Read more
US Productivity Rebounds In Fourth Quarter As Labor Costs Growth Slows
AMERICA - Published date: .
U.S. worker productivity rebounded in the fourth quarter, keeping labor costs in check. Read more
US Weekly Jobless Claims Drop To A 9-month Low
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, down slightly... Read more
Private Payrolls Soar In January, The Best Monthly Gain In Nearly 5 Years
AMERICA - Published date: .
ADP/Moody's Analytics said private payrolls rose by 291,000 in January, nearly twice the expected gains. Read more
US Services Sector Growth Picks Up In January
AMERICA - Published date: .
Industries reported increases in new orders, suggesting the economy could continue to grow moderately this year even as ... Read more
US Manufacturing Activity Rebounds In January
AMERICA - Published date: .
The ISM reading came in at the highest level since July. Read more
US Weekly Jobless Claims Fall; Prior Week Revised Sharply Higher
AMERICA - Published date: .
Claims data for the prior week was revised to show 12,000 more applications received than previously reported. Read more
Fourth-quarter GDP Rose Only 2.1% And Full-year 2019 Posts Slowest Growth In Three Years At 2.3%
AMERICA - Published date: .
The 2.3% growth in U.S. gross domestic product for the full year well below the White House's projections following the ... Read more
Consumer Confidence Jumps As Job-market Outlook Improves
AMERICA - Published date: .
Consumer confidence grew more than expected in January as the outlook around the labor market improved, data released Tu... Read more
US Core Capital Goods Orders Post Biggest Drop In 8 Months
AMERICA - Published date: .
New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, sugg... Read more
US Weekly Jobless Claims Increase Less Than Expected
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 215,000 in the most recent week, up from the 20... Read more
US Housing Starts Soar 16.9% In December To A 13-year High
AMERICA - Published date: .
U.S. homebuilding surged in December as activity increased across the board, suggesting the housing market recovery was ... Read more
US Manufacturing Output Rises Unexpectedly
AMERICA - Published date: .
U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in p... Read more
US Weekly Jobless Claims Drop Unexpectedly
AMERICA - Published date: .
The number of U.S. workers filing new claims for unemployment benefits unexpectedly fell last week, pointing to continue... Read more
US Retail Sales Climb In December, And November Sales Were Revised Up
AMERICA - Published date: .
U.S. retail sales were expected to climb 0.3% in December, up slightly from the 0.2% increase a month earlier. Read more