Breaking News: Economy


US Producer Prices Barely Rise As Services Remain Subdued

AMERICA - Published date: .

The U.S. producer price index was expected to increase by 0.2% in December, compared with a flat reading a month earlier... Read more

US Consumer Prices Gain Slightly; Underlying Inflation Tame

AMERICA - Published date: .

U.S. consumer prices rose slightly in December and monthly underlying inflation pressures retreated. Read more

US Budget Deficit Topped $1 Trillion In 2019 For The First Time In Seven Years

AMERICA - Published date: .

The budget shortfall hit $1.02 trillion for the year, a 17.1% increase from 2018, which itself had seen a 28.2% jump fro... Read more

Job Market Ends 2019 With Disappointing 145,000 Growth In Payrolls

AMERICA - Published date: .

The U.S. jobs market ended 2019 on a sour note, with December's payroll and wage growth missing expectations, according ... Read more

Weekly Jobless Claims Fall But Number Of Unemployed Surged To A More Than 1 1/2-year High

AMERICA - Published date: .

New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling... Read more

Fed Policy Is In A 'good Place' But Will Remain Flexible On Rates And Repo, Vice Chairman Says

AMERICA - Published date: .

Richard Clarida said rate cuts last year helped quell worries over global weakness. Read more

Private Payroll Growth Surges In December To End 2019 Strong, ADP Says

AMERICA - Published date: .

Companies added 202,000 positions in another sign of a healthy labor market, according to a report Wednesday from ADP an... Read more

US Trade Deficit Falls More Than Expected To Hit Lowest Level Since Trump Took Office

AMERICA - Published date: .

The U.S. trade deficit fell more than expected in November ahead of negotiations with China that cooled the simmering ta... Read more

US Consumer Confidence Dips In December

AMERICA - Published date: .

"There is little to suggest that growth, and in particular consumer spending, will gain momentum in early 2020," said Ly... Read more

US Third-quarter Economic Growth Unrevised At 2.1%

AMERICA - Published date: .

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy... Read more

US Housing Starts Rise More Than Expected, With Permits At A 12-1/2-year High

AMERICA - Published date: .

Housing starts rose 3.2% to 1.365 million units last month, with single-family construction racing to a 10-month high. Read more

US Manufacturing Production Rose More Than Expected In November

AMERICA - Published date: .

U.S. manufacturing output rebounded more than expected in November, as the end of an almost six-week strike at General M... Read more

Homebuilder Confidence Jumps To Highest Level In 20 Years

AMERICA - Published date: .

Builder confidence in the newly built, single-family home market jumped 5 points in December to 76, the highest reading ... Read more

US Retail Sales Rose Less Than Expected 0.2% In November

AMERICA - Published date: .

U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending, which could ... Read more

US Import Prices Rebound, But The Underlying Trend Remains Weak

AMERICA - Published date: .

U.S. import prices were expected to rise by 0.2% in November, after dropping 0.5% a month earlier. Read more

US Import Prices Rebound, But The Underlying Trend Remains Weak

AMERICA - Published date: .

U.S. import prices were expected to rise by 0.2% in November, after dropping 0.5% a month earlier. Read more

US Weekly Jobless Claims Race To A More Than 2-year High

AMERICA - Published date: .

Initial claims for state unemployment benefits surged to 252,000 for the week ended Dec. 7, the highest reading since Se... Read more

US Weekly Jobless Claims Race To A More Than 2-year High

AMERICA - Published date: .

Initial claims for state unemployment benefits surged to 252,000 for the week ended Dec. 7, the highest reading since Se... Read more

US Producer Prices Were Unchanged In November; Underlying Inflation Soft

AMERICA - Published date: .

U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by dec... Read more

US Producer Prices Were Unchanged In November; Underlying Inflation Soft

AMERICA - Published date: .

U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by dec... Read more