Breaking News: Economy


Private Payrolls Increase By 125,000 In October, Topping Expectations

AMERICA - Published date: .

Private payrolls grew at a faster-than-expected pace in October, but the solid growth was offset by a sharp downward rev... Read more

US Durable Goods Orders Fall 1.1% In September

AMERICA - Published date: .

Orders to U.S. factories for big-ticket manufactured goods tumbled in September by the largest amount in four months. Read more

US Weekly Jobless Claims Unexpectedly Fall

AMERICA - Published date: .

The data pointed to a still-tight jobs market, even as hiring and economic growth have slowed. Read more

GM Strike Pushed US Factory Output Down 0.5% In September

AMERICA - Published date: .

U.S. factory output slumped 0.5% in September, as a strike at General Motors caused a steep decline in auto production a... Read more

US Weekly Jobless Claims Rise Modestly

AMERICA - Published date: .

The weekly jobless claims data suggested the labor market continues to tighten despite slowing hiring and economic growt... Read more

US Housing Starts Fall From A 12-year High

AMERICA - Published date: .

U.S. homebuilding tumbled from a more than a 12-year high in September, but single-family home construction rose for a f... Read more

Fed's Evans Says No More Rate Cuts Are Needed Through 2020

AMERICA - Published date: .

The Chicago Fed president says that policy is probably appropriate given an economy that is softening but still in good ... Read more

US Retail Sales Unexpectedly Decline In A Sign That Consumer Economy Could Be Cracking

AMERICA - Published date: .

Retail sales dropped 0.3% last month as households cut back spending on motor vehicles, building materials, hobbies and ... Read more

US Weekly Jobless Claims Unexpectedly Fall

AMERICA - Published date: .

The number of Americans filing applications for unemployment benefits unexpectedly fell last week. Read more

US Consumer Prices Were Unchanged In September, The Weakest Reading Since January

AMERICA - Published date: .

U.S. consumer prices were unchanged in September and underlying inflation retreated. Read more

Market May Be Expecting More Rate Cuts Than The Fed Will Deliver, Meeting Minutes Show

AMERICA - Published date: .

The Fed's meeting minutes also showed that the trade war dragging down the economy was an overriding concern. Read more

Powell Says The Fed Will Start Expanding Its Balance Sheet 'soon' In Response To Funding Issues

AMERICA - Published date: .

On monetary policy more broadly, Powell stuck to his recent script, saying the Fed stands committed to supporting the re... Read more

The Father Of The Yield Curve Indicator Says Now Is The Time To Prepare For A Recession

AMERICA - Published date: .

Campbell Harvey has led work in research on inverted curves, which have presaged seven straight recessions. Read more

US Producer Prices Post The Biggest Decline In Eight Months In September

AMERICA - Published date: .

U.S. producer prices unexpectedly fell in September, weighed down by decreases in the costs of goods and services. Read more

Trade Gap Widens More Than Expected To $54.9 Billion

AMERICA - Published date: .

The U.S. trade deficit widened more than expected thanks in part to a record level of imports of consumer goods. More ta... Read more

September Unemployment Rate Falls To 3.5%, A 50-year Low, As Payrolls Rise By 136,000

AMERICA - Published date: .

The jobless rate dropped 0.2 percentage points to 3.5%, matching a level it last saw in December 1969. Read more

Odds Are Increasing The Jobs Report Could Disappoint After Weak Numbers Earlier In The Week

AMERICA - Published date: .

Economists surveyed by Dow Jones expect nonfarm payrolls increased by 145,000 in September. Read more

Services Survey Shows Economy Is Weaker Than Expected Amid Slowdown Fears

AMERICA - Published date: .

The report comes amid worries that the U.S. economy faces a recession as global growth slows and tariffs put a dent in b... Read more

US Weekly Jobless Claims Rise Slightly

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

September Private Payrolls Report Shows The Pace Of Hiring Is Slowing

AMERICA - Published date: .

Companies hired 135,000 more workers in the month, ahead of the 125,000 that economists surveyed by Dow Jones had expect... Read more