Economy


US Weekly Jobless Claims Fall More Than Expected

AMERICA - Published date: .

First-time claims for state unemployment benefits were expected to total 220,000 for the most recent week, matching the ... Read more

Brexit Manufacturing Bounce 'well And Truly Over' As Inflation Falls To 2% In May

Markets - Published date: .

UK inflation softened in May as higher prices in housing and household services were offset by falling fares for transp... Read more

How The Trade War With China Could Crush California's $2.7 Trillion Economy And Hurt Other States

AMERICA - Published date: .

The impact of the U.S.-China trade war is greatest in states that export agricultural products, electronics and chemical... Read more

US Housing Starts Fall In May, But Starts For The Prior Two Months Were Revised Higher

AMERICA - Published date: .

Housing starts fell in May, but building permits increased, suggesting that the housing market was drawing some support ... Read more

Homebuilder Sentiment Inches Lower Despite Demand For Single-family Homes

AMERICA - Published date: .

The nation's homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to co... Read more

A Key Manufacturing Gauge Just Saw Its Biggest One-month Decline In 18 Years

AMERICA - Published date: .

The Empire State Manufacturing Index tumbled to a -8.6 reading from 17.8 in May, a 26.4-point drop that was the biggest ... Read more

US Business Inventories Rebound; Sales Fall

AMERICA - Published date: .

U.S. business inventories rebounded in April as sales fell, but inventory accumulation is still expected to be a drag on... Read more

The Fed Is Likely To Drop 'patient' Word This Week, Clearing Way For July Cut, Economists Say

AMERICA - Published date: .

The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate c... Read more

Trump Says Stock Market Would Be '10,000 Points Higher' If Fed Didn't Raise Rates

AMERICA - Published date: .

Trump said the economy and stock market both could be doing much better "if we had somebody different" in charge of the ... Read more

US Retail Sales Rose In May, While April Was Revised Higher

AMERICA - Published date: .

U.S. retail sales were expected to rise 0.6% in May, after slipping 0.2% a month earlier. Read more

US Import Prices Post The Largest Drop In 5 Months

AMERICA - Published date: .

U.S. import prices fell by the most in five months in May amid a broad decline in the cost of goods, the latest indicati... Read more

US Weekly Jobless Claims Unexpectedly Rise, Sparking Fears The Labor Market Is Losing Steam

AMERICA - Published date: .

First-time claims for state unemployment benefits were expected to total 216,000, down slightly from the 218,000 claims ... Read more

US Consumer Prices Barely Rise; Underlying Inflation Muted

AMERICA - Published date: .

The U.S. Consumer Price Index was expected to edge up 0.1% in May, after rising 0.3% a month earlier. Read more

'Tariff Man' Trump Heads To Iowa, A State Scarred By His Trade War Ahead Of 2020

AMERICA - Published date: .

Trump's trip to Iowa shows an effort to contain the damage from tariffs ahead of the 2020 election — especially as Dem... Read more

US Underlying Producer Prices Increase Solidly In May

AMERICA - Published date: .

The U.S. producer price index was expected to edge up 0.1% in May, after rising 0.2% a month earlier. Read more

Trump Says 'devalued' Currencies Put US At A Disadvantage And The Fed Doesn't Have A 'clue'

AMERICA - Published date: .

President Donald Trump says the U.S. dollar is at a disadvantage compared with other currencies as central banks keep ra... Read more

Commerce Secretary Predicts A Trump-China Trade Deal — 'even Shooting Wars End In Negotiations'

AMERICA - Published date: .

Wilbur Ross warns that trade deals are not made at summits, saying any G-20 talks between Trump and Xi would only lay th... Read more

That Big 'Trump Bump' In Manufacturing Is Pretty Much Gone Now

AMERICA - Published date: .

Manufacturing had been a big winner during the Trump administration, but the surge appears to have stalled and tariffs c... Read more

Trump: The Mexico Trade Deal Took Just Two Days Because Of My Tariff Threat

AMERICA - Published date: .

Trump tells CNBC the immigration deal came together in just two days because Mexico's leaders knew the alternative would... Read more

Chamber Of Commerce Blasts Trump On Tariffs — And Then The President Calls CNBC To Fight Back

AMERICA - Published date: .

The president's tariff strategy "creates uncertainty with our trading partners," says a top official at the world's larg... Read more