Consumer spending in August increased by 0.4%, according to the latest report from the Commerce Department. However, underlying U.S. inflation showed signs of moderation, with the annual ris… Read More

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth likely slowed in August, partly reflecting striking Hollywood actors and the bankruptcy of a major trucking company, but the… Read More

Weekly jobless claims increase 13,000 to 196,000 * Four-week moving average of claims falls 2,500 to 189,250 * Continuing claims rise 38,000 to 1.688 million By Lucia Mutikani WASHINGTON, Fe… Read More

Introduction: Concerning news for the US economy is that consumer confidence has plummeted and is now at a six-month low. Concerns are spreading across numerous sectors due to Americans&rsq… Read More

Weekly jobless claims increase 13,000 to 196,000 * Four-week moving average of claims falls 2,500 to 189,250 * Continuing claims rise 38,000 to 1.688 million By Lucia Mutikani WASHINGTON, Fe… Read More

mkknewsindia Weekly jobless claims increase 13,000 to 196,000 * Four-week moving average of claims falls 2,500 to 189,250 * Continuing claims rise 38,000 to 1.688 million By Lucia Mutikani W… Read More

Weekly jobless claims increase 13,000 to 196,000 * Four-week moving average of claims falls 2,500 to 189,250 * Continuing claims rise 38,000 to 1.688 million By Lucia Mutikani WASHINGTON, F… Read More

A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023.— Reuters  Nonfarm payrolls increase 517,000 in January. Unemploy… Read More

Home construction saw a better-than-expected rebound in August after a contraction a month earlier, though the strength was all on the back of sharp gains in apartment building, whil… Read More

The reports followed on the heels of data on Tuesday showing a record surge in retail sales in May. Employers hired a historic 2.5 million workers last month. U.S. homebuilding increased… Read More

The U.S. Commerce Department report on Monday also showed downward revisions to sales for the prior three months, bucking a recent streak of fairly strong housing data. Sales of new U.S… Read More

Aug. 2 -- Employers cut jobs in July at a slower pace and the factory slump eased, indicating the end of the worst U.S. recession since the Great Depression is getting closer, economists sai… Read More