Economy


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

A Fed Rate Cut In 2020 Is Now On The Table As Coronavirus Spreads, Economist Says

AMERICA - Published date: .

The spread of the coronavirus could lead global central banks including the Federal Reserve to leverage their policies t... Read more

US Trade Deficit Shrinks In 2019 For First Time In Six Years

AMERICA - Published date: .

The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the... Read more

Fed's Bostic Says New Virus Hasn't Changed His Outlook

AMERICA - Published date: .

China's virus outbreak has prompted traders to begin pricing in a U.S. interest rate cut by June but has not swayed the ... 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

China's Deadly Coronavirus Could Be Good For US Jobs, Manufacturing, Says Trump Commerce Secretary Wilbur Ross

AMERICA - Published date: .

"The fact is, it does give businesses another thing to consider when they go through their review of their supply chain,... 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

Stock Markets Retreat As Virus Death Toll Surges

Funds - Published date: .

Tech stocks and airlines were among key losers. Read more

Fourth Quarter GDP Could Show Economy Entered A Slower Growth Patch At Year-end

AMERICA - Published date: .

Economic growth in the final quarter of the year is expected to be on par with third quarter's 2.1%, but it is also like... Read more

December Pending Home Sales Fall 4.9% As Supply Hits A Record Low

AMERICA - Published date: .

Pending home sales, which measure signed contracts, not closings, dropped 4.9% in December compared with November, as th... Read more

Travel, Tourism Stocks Dive On Virus Woes As Hong Kong Resumes Trading

Funds - Published date: .

The latest outbreak is expected to deal a massive blow to China's already-fragile economy. Read more

Home Price Gains Continued To Heat Up In November, With Phoenix, Charlotte And Tampa Leading The Way, S&P Case-Shiller Index Says

AMERICA - Published date: .

After cooling for much of last year, home price gains are accelerating again. Nationally, prices increased 3.5% annually... 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

Virus Crisis Adds Pressure On Slowing Chinese Economy

Funds - Published date: .

The holiday has been extended by three days, meaning the country may slowly get back to business only from Monday. Read more

US New Home Sales Drop In December For The Third Straight Month

AMERICA - Published date: .

Sales of new U.S. single-family homes unexpectedly fell in December, likely held down by a shortage of more affordable h... Read more

Business Survey Suggests US Labor Market May Have Peaked

AMERICA - Published date: .

There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first t... 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

Asian Markets Mostly Up But Killer Virus Fuels New SARS Fears

Funds - Published date: .

Global equities have taken a severe hit by fears the new outbreak, which has killed nine and sickened hundreds, could ca... Read more

Trump At Davos Urges Countries To 'put Their Own Citizens First' As He Touts US Economic Success

AMERICA - Published date: .

Hours before his impeachment trial was set to begin in earnest back home, Trump touted his "America First" agenda to wor... Read more