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RUBEELA FAROOQI
US trade gap narrowest in five months as imports slipThe overall trade gap in the world's biggest economy was $70.4 billion, said the Department of Commerce, down from a revised $78.9 billion ...- US weekly jobless claims decline, lower fears of labour market coolingInitial claims decreased by 17,000 to 233,000 in the week ended Aug. 3, according to Labour Department data released Thursday. That was hel...
- US industrial production weaker than expected in AprilUS factory output remained unchanged in April, disappointing analysts who had anticipated a third consecutive monthly increase, as per Fede...
- US wholesale prices rise more than expected in AprilUS wholesale prices rose last month, accelerating the US Federal Reserve's fight against inflation. The producer price index (PPI) jumped b...
- US consumer confidence at lowest level since 2022: surveyThe latest survey by The Conference Board revealed a decline in US consumer confidence, reaching its lowest level since July 2022. The cons...
- US trade gap widens more than expected in JanuaryThe US trade deficit expanded more than expected in January, reaching its widest in nine months due to a solid gain in imports. The overall...
- US wholesale prices rose more than expected in JanuaryUS wholesale prices rose more than expected in January, according to government data published Friday, as services costs were lifted by a j...
- US industrial production unexpectedly slips in JanuaryUS industrial production unexpectedly fell in January, defying predictions of an increase due to a slump in manufacturing and mining activi...
- US manufactured goods orders almost unchanged in DecemberUS manufactured goods orders remained unchanged in December, with primary metals orders up and transportation equipment orders down. Durabl...
- US wholesale prices unexpectedly fell in DecemberIn December of the previous year, US wholesale prices unexpectedly decreased, defying predictions, as reported by government data. The prod...
- US trade gap narrows to smallest in nearly three yearsThe US trade deficit in August decreased to its lowest level since late 2020, mainly due to an increase in exports. The deficit shrank to $...
- US wholesale prices return to growth in JuneThe fuel for the positive PPI reading in June came from final demand services, which registered an increase of 0.2 percent due largely to a...
- US private hiring, services activity cool in MarchThe data offers a preview of the government employment report due on Friday, although ADP's figures do not always align with official numbe...
- US GDP up 2.7% in fourth quarter, less than earlier reported"The updated estimates primarily reflected a downward revision to consumer spending that was partly offset by an upward revision to nonresi...
- US trade deficit widens in 2022 to record on strong importsThe overall trade gap grew $103.0 billion from 2021 to $948.1 billion last year, showed Commerce Department data, on a surge in goods impor...
- US unemployment dips in December as job gains remain robustInterest-sensitive sectors such as housing have slumped following the Fed's rate hikes, but other areas have proven more resilient and the ...
- US trade deficit narrows to smallest since late 2020Exports have weakened in recent months as economies worldwide struggle with inflation and higher interest rates, and a stronger US dollar h...
- US industrial output dips in August on drop in electricity outputTotal output slipped 0.2 percent, worse than economists expected, on the 2.3 percent drop in utilities, which was the second straight decli...
- US retail sales see surprise bounce in AugustAmericans flush with savings have been a key driver of the US pandemic recovery and the Federal Reserve is keeping a careful eye on economi...
- US manufacturing slows for second straight month in JuneThe Fed said overall output expanded at a 6.1 percent annual rate in the April-June quarter, while manufacturing increased 4.2 percent.
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