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LUCIA MUTIKANI EDITING
US manufacturing contracts further in October; supplier delivery times lengthenAmerican factories saw a decline for the eighth month in a row during October. New orders remained low, and suppliers took longer to delive...
US weekly jobless claims fall as labor market stays stable for nowUnemployment benefits claims in the U.S. decreased to 219,000 last week, indicating labor market stability despite concerns about import ta...
US weekly jobless claims fall amid labor market stabilityInitial unemployment claims fell by 2,000 to 220,000 last week, though sharp government spending cuts and the trade war pose risks to labor...
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 ...
US weekly jobless claims fall slightlyThe number of Americans applying for unemployment benefits declined slightly last week. However, re-employment opportunities are becoming s...
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 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 productivity rises at fastest pace in three years in the third quarterU.S. worker productivity experienced its fastest growth in three years during the third quarter, leading to a decline in labor costs. Nonfa...
US weekly jobless claims unexpectedly fallThe number of Americans filing new claims for unemployment benefits unexpectedly dropped last week, but there are concerns that it could re...
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...
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. 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...