u.s. economy
Growth Forecasts Are Rising And Economy Looks Nowhere Near As Bad As Bond Market Predicts
AMERICA - Published date: .
Economists ratcheted up their GDP forecasts for the third quarter to a median 2.1% on Thursday. Read more
Falling Mortgage Rates Boost Homebuilder Confidence, But Not New Construction
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The nation's homebuilders are feeling better about their business, as falling mortgage rates help more buyers afford hom... Read more
US Productivity Grew A Healthy 2.3% Rate In The 2nd Quarter
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U.S. productivity increased at a decent pace in the second quarter, a trend that could lead to higher wages if it contin... Read more
US Weekly Jobless Claims Rise More Than Expected
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First-time claims for state unemployment benefits were expected to total 214,000 for the most recent week, up slightly f... Read more
US Retail Sales Rose Solidly In July In A Sign Of Consumer Optimism
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U.S. consumers spent more at retail stores and restaurants in July. Read more
US Import Prices Unexpectedly Rise, But Trend Remains Weak
AMERICA - Published date: .
U.S. import prices unexpectedly rose in July, but the underlying trend remained weak, pointing to subdued imported infla... Read more
Consumer Price Inflation Rises Amid Increases In Gas And Housing Costs
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The rise in inflation will likely do little to change expectations that the Fed will cut rates again next month amid wor... Read more
US Services Growth Slows To Weakest Level Since 2016: ISM
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The Institute for Supply Management (ISM) said its non-manufacturing activity index fell to 53.7 from 55.1 the month bef... Read more
US And China Will Not Likely Reach A Trade Deal This Year, Says Former Ambassador
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President Donald Trump's latest tariff threat is "a step away from a solution," said Frank Lavin, a former U.S. ambassad... Read more
US Consumer Sentiment Index Hits 98.4 In July, Slightly Topping June Numbers
AMERICA - Published date: .
The University of Michigan's final print on its consumer sentiment index for July came in at 98.4, matching its mid-mont... Read more
Trump's New Tariffs On China Might Shrink The Global Economy, Says Bank CEO
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"It's not good for Asia's economy, it's not good for China, but it's also not good for the U.S., because ultimately, we ... Read more
Trump's New Tariffs Show He's Reading China All Wrong, Risk Consultancy Warns
AMERICA - Published date: .
President Donald Trump's threat to impose 10% tariffs on another $300 billion of Chinese goods is a serious gamble, Eura... Read more
'It's Unclear What The End Game Is,' Former US Ambassador Says Of Trump's Trade War With China
AMERICA - Published date: .
President Trump has been "wildly unpredictable" and it's not clear what the end game for the trade war is, says ex-U.S. ... Read more
US Weekly Jobless Claims Rise Moderately
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The number of Americans filing applications for unemployment benefits increased last week. Read more
Here's What That Fed Rate Cut Means For Your Finances
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Everything from credit cards to car loans are generally based on a benchmark rate, which in turn is influenced by the Fe... Read more
Former Fed Chair Janet Yellen Says She's In Favor Of An Interest Rate Cut
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Former Federal Reserve Chair Janet Yellen said she supports a 25-basis-point cut in the U.S. benchmark interest rate due... Read more
Recount Shows Trump Didn't Get His 3% Growth In 2018 After All
AMERICA - Published date: .
The government's latest update on economic output dashed the Trump administration's longstanding hope for 3% GDP growth ... Read more
Fed Expected To Cut Rates As Economy Feels Trade War Impact, Despite Strengthening Consumer
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The Fed is expected to cut interest rates Wednesday, after second quarter GDP shows inflation is still sluggish and trad... Read more
US Weekly Jobless Claims Fall To A 3-month Low
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The number of Americans filing applications for unemployment benefits unexpectedly fell last week, pointing to continued... Read more
US Factory Orders For Large Manufactured Goods Surged 2% In June
AMERICA - Published date: .
Orders for long-lasting factory goods were expected to rise 0.7% in June, after sliding 1.3% a month earlier. Read more