Today: October 05, 2024
Today: October 05, 2024

Latest From Lucia Mutikani

Business

Modest slowdown in US job growth expected in January

U.S. job growth likely slowed marginally in January as a resilient economy and strong worker productivity encouraged most businesses to retain their employees,

Modest slowdown in US job growth expected in January
Business

Moderate US economic growth expected in fourth quarter

The U.S. economy likely grew at its slowest pace in 1-1/2 years in the fourth quarter as businesses throttled back on inventory investment and consumer

Moderate US economic growth expected in fourth quarter
Business

Stubbornly high rental costs lift US consumer inflation in November

U.S. consumer prices unexpectedly rose in November as a decline in the cost of gasoline was more than offset by increases in rents, further evidence that the

Stubbornly high rental costs lift US consumer inflation in November
Business

US services sector growth slows moderately

The U.S. services sector slowed in September as new orders fell to a nine-month low, but the pace remained consistent with expectations for solid economic

US services sector growth slows moderately
Business

US job openings post largest increase in two years; quits rate unchanged

U.S. job openings unexpectedly increased in August amid a surge in demand for workers in the professional and business services sector, pointing to a still-

US job openings post largest increase in two years; quits rate unchanged
Business|Economy|Finance

US consumer sentiment climbs to four-month high; import prices drop

U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over the next year and household

US consumer sentiment climbs to four-month high; import prices drop
Economy|Finance

US inflation trending lower, but some stickiness remains

U.S. consumer prices rose slightly in August, but underlying inflation showed some stickiness amid higher costs for housing and other services, further dashing

US inflation trending lower, but some stickiness remains
Americas|Business|Economy

US job openings hit 3-1/2-year low as labor market eases

U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the reduction on its own is probably not enough to

US job openings hit 3-1/2-year low as labor market eases
Economy|Finance

Solid US consumer spending pushes against hopes for hefty Fed rate cut

U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-

Solid US consumer spending pushes against hopes for hefty Fed rate cut
Business|Economy

US retail sales report showcases consumer, economic resilience

U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere, a display of consumer resilience

US retail sales report showcases consumer, economic resilience
Economy

Monthly US consumer prices post first drop in four years as inflation subsides

U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents, firmly putting disinflation back on track and

Monthly US consumer prices post first drop in four years as inflation subsides
Business|Economy

US manufacturing extends slump; inflation pressures ebbing

U.S. manufacturing contracted for a third straight month in June as demand remained subdued, while a drop in a measure of prices paid by factories for inputs

US manufacturing extends slump; inflation pressures ebbing
Economy

US consumer confidence retreats slightly; house prices remain elevated

U.S. consumer confidence eased in June amid worries about the economic outlook, but households remained upbeat about the labor market and expected inflation to

US consumer confidence retreats slightly; house prices remain elevated
Business|Economy

US retail sales tepid in May; manufacturing production surges

U.S. retail sales barely rose in May and data for the prior month was revised considerably lower, suggesting that economic activity remained lackluster in the

US retail sales tepid in May; manufacturing production surges
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 consumer sentiment races to 2-1/2-year high; inflation expectations ease

U.S. consumer sentiment improved in January, hitting the highest level in 2-1/2 years amid growing optimism over the outlook for inflation and household

US consumer sentiment races to 2-1/2-year high; inflation expectations ease
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

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