Today: September 21, 2024
Today: September 21, 2024

Latest From Lucia Mutikani

Business|Economy

US core capital goods orders rise, inflation expectations improve

New orders for key U.S.-manufactured capital goods rebounded more than expected in April and shipments of those goods also increased, suggesting a moderate

US core capital goods orders rise, inflation expectations improve
Economy

US labor market fairly tight, broader economy losing steam

The number of Americans filing new claims for jobless benefits fell last week, unwinding nearly half of the jump at the start of the month, indicating that

US labor market fairly tight, broader economy losing steam
Business|Economy

Strong services fan US producer inflation in April

U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation,

Strong services fan US producer inflation in April
Economy

Tame US producer price data soothes inflation concerns

U.S. producer prices increased moderately in March as a rise in the cost of services was softened by a fall in goods prices, calming fears of a resurgence in

Tame US producer price data soothes inflation concerns
Economy

US weekly jobless claims at 16-month low; homebuilding takes breather

The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly 1-1/2 years, suggesting job growth likely

US weekly jobless claims at 16-month low; homebuilding takes breather
Economy

US producer prices unexpectedly fall; goods deflation seen persisting

U.S. producer prices unexpectedly fell in December amid declining costs for goods such as diesel fuel and food, suggesting inflation would continue to subside

US producer prices unexpectedly fall; goods deflation seen persisting
Economy

Rising shelter, healthcare costs lift US consumer inflation in December

U.S. consumer prices increased more than expected in December, with Americans paying more for shelter and healthcare, suggesting it was probably too early for

Rising shelter, healthcare costs lift US consumer inflation in December
Economy

US trade deficit shrinks in November on falling imports

The U.S. trade deficit unexpectedly narrowed in November as imports of consumer goods fell to a one-year low amid slowing domestic demand, a trend that, if it

US trade deficit shrinks in November on falling imports
Economy

US economy cranks out jobs at brisk clip in December; wages increase

U.S. employers hired more workers than expected in December while raising wages at a solid clip, casting some doubt on financial market expectations that the

US economy cranks out jobs at brisk clip in December; wages increase
Economy

Weekly US jobless claims fall to two-month low; labor market steadily cooling

The number of Americans filing new claims for jobless benefits dropped to a two-month low last week, pointing to underlying labor market strength even as

Weekly US jobless claims fall to two-month low; labor market steadily cooling
Economy

US job openings, quits near three-year low as labor market eases

U.S. job openings fell to nearly a three-year low in November as the labor market gradually cools, which could pave the way for the Federal Reserve to start

US job openings, quits near three-year low as labor market eases
Economy

US labor market resilience keeps economy afloat as year ends

The number of Americans filing new claims for unemployment benefits rose marginally last week, the latest suggestion that the economy was regaining some

US labor market resilience keeps economy afloat as year ends
Economy

US inflation decelerating in boost to economy

U.S. prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3%, and boosting financial market

US inflation decelerating in boost to economy
Economy

US single-family housing starts scale more than 1-1/2-year high

U.S. single-family homebuilding surged to more than a 1-1/2-year high in November and could gain further momentum, with declining mortgage rates and incentives

US single-family housing starts scale more than 1-1/2-year high
Economy

US manufacturing output increases in November, underlying trend soft

Production at U.S. factories rose in November, lifted by a rebound in motor vehicle output following the end of strikes, but activity was weaker elsewhere as

US manufacturing output increases in November, underlying trend soft
Economy

US economy still resilient as retail sales beat expectations, layoffs stay low

U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting, likely keeping the economy on a

US economy still resilient as retail sales beat expectations, layoffs stay low
Economy

Solid US job growth, drop in unemployment rate underscore labor market resilience

U.S. job growth accelerated in November while the unemployment rate fell to 3.7%, signs of underlying labor market strength that suggested financial market

Solid US job growth, drop in unemployment rate underscore labor market resilience
Economy

US labor market steadily slowing; wholesale inventories revised down

The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing

US labor market steadily slowing; wholesale inventories revised down
Economy

Weak US third-quarter unit labor costs point to slowing inflation

U.S. unit labor costs were much weaker than initially thought in the third quarter amid robust worker productivity, providing a boost to the Federal Reserve's

Weak US third-quarter unit labor costs point to slowing inflation
Economy

US manufacturing mired in weakness, economy heading for slowdown

U.S. manufacturing remained subdued in November, with factory employment declining further as hiring slowed and layoffs increased, more evidence that the

US manufacturing mired in weakness, economy heading for slowdown
Economy

US consumer confidence rebounds, house prices maintain upward trend

U.S. consumer confidence rose in November after three straight monthly declines, with Americans planning big-ticket purchases like motor vehicles and houses

US consumer confidence rebounds, house prices maintain upward trend
Economy

Higher mortgage rates weigh on US new home sales in October

Sales of new U.S. single-family homes fell more than expected in October as higher mortgage rates squeezed out buyers even as builders cut prices, but the

Higher mortgage rates weigh on US new home sales in October
Economy

U.S. business activity steady in November - S&P Global survey

U.S. business activity held steady in November, but employment in the private sector declined for the first time in almost three-and-a-half years, consistent

U.S. business activity steady in November - S&P Global survey
Economy

US weekly jobless claims fall; business spending on equipment easing

The number of Americans filing new claims for unemployment benefits fell more than expected last week, but that likely does not change the view that the labor

US weekly jobless claims fall; business spending on equipment easing
Economy

US existing home sales slump to more than 13-year low, prices accelerate

U.S. existing home sales dropped to the lowest level in more than 13 years in October as the highest mortgage rates in two decades and a dearth of houses drove

US existing home sales slump to more than 13-year low, prices accelerate

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