US: News
Weekly Mortgage Applications Hit A Record, But Not A Healthy One For Housing
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Mortgage interest rates are decidedly lower than a year ago, and home shoppers are buying, but most are wealthier consum... Read more
US Consumer Prices Rise For The First Time In 4 Months
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U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, result... Read more
US Retail Sales Edge Up In January, But December Is Revised Sharply Lower
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U.S. retail sales unexpectedly rose in January, lifted by an increase in purchases of building materials and discretiona... Read more
Average US Price Of Gas Jumps 6 Cents Per Gallon, To $2.50
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Industry analyst Trilby Lundberg of the Lundberg Survey said the price at the pump is 9 cents lower than it was a year a... Read more
Fed Chair Powell: 'The Law Is Clear,' Trump Can't Fire Me
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Fed Chairman Jerome Powell tells "60 Minutes" that President Trump cannot remove him from office. Read more
Stalled Out Job Growth Could Be Warning Of Slowdown But No Signal Of Recession
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February's job growth slowed to a crawl, but it is temporarily sluggish growth and not a sign of recession. Read more
Blue Collar No More: Skilled Auto Technicians Are In High Demand
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The tight labor market, while frustrating for employers, can be a boon for blue-collar workers: They are more likely to ... Read more
US Housing Starts Jump More Than Expected In January
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U.S. homebuilding increased more than expected in January as construction of single-family housing rebounded after four ... Read more
Job Creation Grinds To A Near-halt In February; Wages Still On The Rise
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Job growth increased by just 20,000 in February after a blistering start to the year, even as the unemployment rate fell... Read more
US Households See Biggest Decline In Net Worth Since The Financial Crisis
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Net worth dropped to $104.3 trillion as 2018 came to an end, a slide of $3.73 trillion, according to figures released Th... Read more
The Fed Doesn't Have To Worry About High Inflation Anymore, And That's A Problem
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There was a time not so long ago that defeating inflation would have been considered a huge victory for the Federal Rese... Read more
US Productivity Rose A Modest 1.9% In The Fourth Quarter
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U.S. productivity grew at a rate of 1.9 percent in the fourth quarter, a slight improvement over the third quarter. Read more
US Weekly Jobless Claims Unexpectedly Fall
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The jobless claims data pointed to strong labor market conditions despite signs that job growth was slowing. Read more
US Trade Deficit Surges To 10-year High In December, Ends 2018 At $621 Billion Despite Tariffs
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The U.S. trade deficit ballooned in December to $59.8 billion, ahead of expectations, and was $621 billion for all of 20... Read more
Private Payrolls Up 183,000, But Moody's Economist Says Jobs May Have Peaked
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Job creation at the company level cooled in February after a sizzling start to 2019, according to a report from ADP and ... Read more
Weekly Mortgage Applications Fall, But Hint At Who Is Buying Homes Today
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A slight rise in interest rates caused a pullback in mortgage demand last week. Read more
Nearly Half Of All Companies Are Hiring, But Don't Expect A Big Salary Bump
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Median pay for full-time workers is now $52,672, up 1.3 percent from last year. Read more
Fed May Need Time To Have Clarity On US Economy: Rosengren
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The Federal Reserve may need "several meetings" to get a good read on the U.S. economy, a top monetary policymaker said ... Read more
Stocks Making The Biggest Moves Premarket: Tesla, AT&T, Eli Lilly & More
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Names on the move ahead of the open. Read more
Otto Warmbier's Parents Blame Kim Jong Un For Son's Death, Push Back On Trump
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The parents of Otto Warmbier, who died of injuries sustained in a North Korean prison, sharply contradict President Trum... Read more