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Today: March 31, 2025
Today: March 31, 2025
Lucia Mutikani

Lucia Mutikani

Staff Writer

Latest From Lucia Mutikani

Economy|Finance|US

US economy displays resilience with low layoffs, solid second-quarter growth

The number of Americans filing new applications for jobless benefits slipped last week, but re-employment opportunities for laid-off workers are becoming more

US economy displays resilience with low layoffs, solid second-quarter growth
Economy|Finance|News|US

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|Finance|US

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
Business|Economy|News|US

US labor market stays afloat as unemployment rate falls to 4.2%

U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested the labor market was not falling off the cliff to

US labor market stays afloat as unemployment rate falls to 4.2%
Economy|Finance|News|US

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
Economy|Finance|US

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
Business|Economy|Finance|US

US economy on solid ground as retail sales surprise on the upside

U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than offset by strength in online purchases, suggesting

US economy on solid ground as retail sales surprise on the upside
Economy|Finance|News|US

US single-family homebuilding surges, rising supply a near-term constraint

U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits suggested that the momentum was unlikely to be

US single-family homebuilding surges, rising supply a near-term constraint
Economy|Finance|US

US consumer confidence sours on labor market jitters

U.S. consumer confidence dropped by the most in three years in September amid mounting fears over the labor market, though more households planned to buy a home

US consumer confidence sours on labor market jitters
Business|Economy|Finance|News|US

US new home sales fall less than expected; median house price declines

Sales of new U.S. single-family homes fell less than expected in August and could regain momentum in the months ahead as declining mortgage rates and house

Business|Economy|Finance|US

US economic growth, corporate profits revised higher in 2023

The U.S. economy grew faster than initially thought in 2023 amid upgrades to business investment and consumer spending despite hefty interest rate increases

US economic growth, corporate profits revised higher in 2023
Business|Economy|Finance|US

US consumer spending resilient; inflation continues to abate

U.S. consumer spending increased slightly less than expected in August, but that did little to change expectations that solid economic growth persisted in the

US consumer spending resilient; inflation continues to abate
Business|Economy|News|US

No signs of US labor market deterioration as job openings rebound

U.S. job openings unexpectedly increased in August after two straight monthly decreases, but hiring was soft and consistent with a slowing labor market that

No signs of US labor market deterioration as job openings rebound
Business|Economy|News|US

Construction sector helps to lift US private payrolls in September

U.S. private payrolls increased more than expected in September, boosted by hiring in the construction, leisure and hospitality industries, adding to the

Construction sector helps to lift US private payrolls in September
Business|Economy|Finance|US

Blowout US employment report reinforces economy's resilience

U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1%, pointing to a resilient economy that likely does not

Blowout US employment report reinforces economy's resilience
Business|Economy|US

Smaller US trade deficit supports strong economic growth estimates for third quarter

The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting trade could have little or no impact on economic growth in

Economy|Finance|US

US consumer prices rise on food; Hurricane Helene muddies labor market picture

U.S. consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-

US consumer prices rise on food; Hurricane Helene muddies labor market picture
Economy|Finance

US producer prices flat; higher monthly core inflation expected in September

U.S. producer prices were unchanged in September as a small rise in the cost of services was offset by cheaper goods, pointing to a still-favorable inflation

US producer prices flat; higher monthly core inflation expected in September
Economy|Finance|US

Cheaper energy products depress US import prices in September

U.S. import prices fell by the most in nine months in September amid a sharp decrease in the cost of energy products, pointing to a benign inflation outlook

Cheaper energy products depress US import prices in September
Economy|Finance|US

Strong discretionary spending buoys US retail sales in September

U.S. retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars, supporting the view

Strong discretionary spending buoys US retail sales in September
Business|Economy|Finance|Stock Markets|US

US single-family homebuilding hits five-month high, but trend remains soft

U.S. single-family homebuilding surged to a five-month high in September, but permits for future construction rose only marginally amid excess supply of new

US single-family homebuilding hits five-month high, but trend remains soft

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