Economy
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
Economic Preview: Slowing But Still-strong U.S. Job Market Keeps Economy Going In Turbulent Times
Markets - Published date: .
Trump impeachment talk, China trade tensions, drone strikes in Saudi Arabia, a messy “Brexit” — it’s all enough ... Read more
Harker Says Fed Should 'hold Firm' On Interest Rates
AMERICA - Published date: .
"My own view is that we should hold firm, letting things settle and watching how events play out," he said in prepared r... Read more
US Consumer Spending Slows In August, While Incomes Rise
AMERICA - Published date: .
U.S. personal income was expected to rise by 0.4% in August, after edging up 0.1% a month earlier. Read more
New Orders For Key US-made Capital Goods Unexpectedly Drop In August
AMERICA - Published date: .
Overall orders for durable goods, items ranging from toasters to aircraft that are meant to last three years or more, ro... Read more
US Weekly Jobless Claims Rise Marginally
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 212,000 for the most recent week, up slightly f... Read more
US Business Investment Much Weaker In The Second Quarter Than Previously Estimated
AMERICA - Published date: .
U.S. business investment contracted more sharply that previously estimated in the second quarter and corporate profit gr... Read more
Latinos May Be The Key To Future US Economic Growth, Study Argues
AMERICA - Published date: .
GDP among U.S. Latinos increased to $2.3 trillion in 2017, up from $1.7 trillion in 2010, the study finds. Read more
Markets Have Been Betting That Trump's Twitter Attacks On The Fed Will Move Rates
AMERICA - Published date: .
Trump has called Chairman Jerome Powell "clueless" and Fed officials "boneheads." Read more
Fed's Rosengren Says The US Has Survived The Trade War And Doesn't Need Rate Cuts
AMERICA - Published date: .
Rosengren was one of two central bank officials to vote against Wednesday's quarter-point rate reduction. Read more
Fed Vice Chair Clarida Says The Fed Will Take Interest Rate Policy 'meeting By Meeting'
AMERICA - Published date: .
"We're gonna take this meeting by meeting. We're not on a preset course," Clarida told CNBC. Read more
The Federal Reserve Is Increasingly Divided With One Official Even Wanting A Sizable Half-point Cut
AMERICA - Published date: .
James Bullard and Eric Rosengren, regional Fed presidents, released statements explaining why they voted against this we... Read more
US Weekly Jobless Claims Rise Less Than Expected
AMERICA - Published date: .
The data pointed to strong labor market conditions that should continue to support a moderately growing economy. Read more
Powell Says It's Possible The Fed Will Have To Resume Balance Sheet Growth
AMERICA - Published date: .
Powell said on Wednesday that the Fed may have to resume regular balance sheet growth to help ease money markets. Read more
Powell Says A 'sequence' Of Rate Cuts Could Be Needed If Economy Turns, But Doesn't See That Now
AMERICA - Published date: .
Jerome Powell pledged that the central bank would engage in a "sequence" of interest rate cuts if conditions warrant, bu... Read more
Trump Says Powell And The Fed 'Fail Again' — 'No Guts, No Sense, No Vision!'
AMERICA - Published date: .
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell ... Read more
Fed Cuts Rate On Bank Reserves Amid Repo Market Turmoil
AMERICA - Published date: .
The interest on excess reserves now stands at 1.8%, a 30 basis point cut compared with the 25 basis point reduction for ... Read more
Fed Approves Quarter-point Rate Cut But Is Divided On Further Action This Year
AMERICA - Published date: .
Investors largely expected the FOMC to cut rates by a quarter point. Read more
US Manufacturing Production Rebounds Strongly In August
AMERICA - Published date: .
U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals pro... Read more
Recession Fears Among Fund Managers Rise To Highest Level In A Decade
AMERICA - Published date: .
The risk of a global recession is at its highest since August 2009, according to a survey of fund managers. Read more
