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LUCIA MUTIKANI
US weekly jobless claims unchanged amid stable labor marketUnemployment claims remained steady at 229,000, signaling a stable labor market, but businesses are hesitant to hire amid tariff-related ec...- US manufacturing rebounds in January; inputs prices paid measure surgesUS manufacturing experienced growth for the first time in over two years in January, driven by strong orders and tax cut hopes. However, ta...
- US weekly jobless claims increase moderatelyNew unemployment claims saw a slight increase last week, reaching a seasonally adjusted 221,000, indicating minimal change in the labor mar...
- US current account deficit widens sharply in second quarter on importsThe U.S. current account deficit surged in the second quarter, reaching $266.8 billion, its highest level in over two years. This increase ...
- Donald Trump says not considering Nikki Haley as running mateTrump dismisses considering Nikki Haley as his running mate, wishing her well. Noem embroiled in controversy. Trump to face Biden in Nov. 5...
- US productivity slows sharply in first quarterU.S. worker productivity growth slowed significantly in the first quarter, leading to a surge in labor costs, although the productivity tre...
- US weekly jobless claims fall more than expectedThe latest data from the Labor Department indicates that the number of Americans filing new claims for unemployment benefits declined more ...
- US manufacturing sector grows for the first time in 1.5 yearsIn March, U.S. manufacturing experienced its first growth in 1.5 years, as indicated by the Institute for Supply Management's (ISM) manufac...
- US inflation increases moderately in February; consumer spending surgesU.S. prices rose moderately in February, potentially prompting a Federal Reserve interest rate cut. The PCE price index increased by 0.3%. ...
- US current account deficit narrows in fourth quarterIn the fourth quarter, the U.S. current account deficit decreased to $194.8 billion, down 0.8%. Despite being a net exporter of crude oil, ...
- US trade deficit widens slightly in DecemberIn December, the U.S. trade deficit saw a slight widening, though it significantly contracted over the course of 2023 due to a decrease in ...
- US job openings fall moderately in NovemberThe labor market is steadily cooling following 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022. The...
- US government shutdown would delay release of key economic data, official saysThat means delays in the release of key data, including the retail sales, housing starts and new home sales reports for September. Dependin...
- US consumer confidence drops in August on inflation worriesThe Conference Board said its consumer confidence index dropped to 106.1 this month from a downwardly revised 114.0 in July. Economists pol...
- US trade deficit shrinks as imports hit more than 1-1/2 year lowThe US trade deficit shrank by 4.1% to $65.5bn in June, with imports falling to their lowest level in nearly two years as firms cut back on...
- US current account deficit narrows in fourth quarterThe Commerce Department said the current account deficit, which measures the flow of goods, services and investments into and out of the co...
- U.S. private payrolls increase in February, says ADP reportPrivate employment increased by 242,000 jobs last month, the ADP National Employment report showed on Wednesday. Data for January was revis...
- U.S. trade deficit widens moderately in JanuaryConsumer goods imports rose $4.1 billion, lifted by increases in cellphones and other household goods as well as pharmaceutical preparation...
- U.S. consumer spending, inflation slow in NovemberConsumer spending, which accounts for more than two-thirds of U.S. economic activity, edged up 0.1%, the Commerce Department said on Friday...
- U.S. goods trade deficit widens in SeptemberThe goods trade deficit increased 5.7% to $92.2 billion last month, the Commerce Department said on Wednesday. Exports of goods fell $2.8 b...
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