US weekly jobless claims rise; continuing claims at 10-month high WASHINGTON: The number of Americans filing new claims for jobless benefits increased moderately last week, while... Published 08 Dec, 2022 07:53pm
World US factory orders beat expectations in October WASHINGTON: New orders for US-manufactured goods increased more than expected in October amid strong gains in demand... Published 05 Dec, 2022 09:22pm
World US service sector activity picks up in November: ISM survey WASHINGTON: US services industry activity unexpectedly picked up in November, with employment rebounding, offering... Published 05 Dec, 2022 08:25pm
Markets Wall St week ahead: JPMorgan, Citi feel recession likely next year, others say downturn is not assured NEW YORK: Investors are eyeing everything from the US healthcare sector to UK stocks and gold as potential havens... Published 05 Dec, 2022 05:47am
World US manufacturing sector contracts in November WASHINGTON: US manufacturing activity contracted for the first time in 2-1/2 years in November as higher borrowing... Published 01 Dec, 2022 08:23pm
World US economy rose 2.9 percent in third quarter, more than early report WASHINGTON: The US economy grew more than initially reported in the third quarter this year, with government data... Published 30 Nov, 2022 08:17pm
World US goods trade deficit widens sharply in October WASHINGTON: The US trade deficit in goods widened sharply in October as exports declined amid slowing global demand... Published 30 Nov, 2022 07:36pm
Markets Gold slips from 1-week peak NEW YORK: Gold prices slipped from more than one-week high on Monday, as the dollar and US Treasury yields edged up... Published 29 Nov, 2022 05:57am
World US business activity weakens further in November: S&P Global survey WASHINGTON: US business activity contracted for a fifth straight month in November, with a measure of new orders... Published 23 Nov, 2022 08:45pm
World US new home sales unexpectedly rise in October WASHINGTON: Sales of new U.S. single-family homes unexpectedly jumped in October, shrugging off rising mortgage... Published 23 Nov, 2022 08:39pm
World US new vehicle sales to be flat in November amid high interest rate: report US new vehicle retail sales are expected to be relatively flat in November as high vehicle prices, coupled with... Published 23 Nov, 2022 07:26pm
World Fed minutes may show debate over risks of aggressive rate hikes WASHINGTON: After a headlong rush this year to raise interest rates, the Federal Reserve switched this month to a... Published 23 Nov, 2022 05:20pm
World US existing home sales plunge in October; prices still elevated WASHINGTON: US existing home sales tumbled for a ninth straight month in October as the 30-year fixed mortgage rate... Published 18 Nov, 2022 08:13pm
World Fed’s Collins says more rate rises lie ahead for central bank BOSTON: Federal Reserve Bank of Boston leader Susan Collins said on Friday the central bank has more rate rises... Published 18 Nov, 2022 07:39pm
World US producer prices rise less than expected in October WASHINGTON: US producer prices increased less than expected in October, further evidence that inflation was starting... Published 15 Nov, 2022 06:53pm
World Fed’s Harker says time coming where Fed can slow rate hikes NEW YORK: Federal Reserve Bank of Philadelphia leader Patrick Harker said Thursday that the U.S. central bank is... Published 10 Nov, 2022 08:52pm
World Fed’s Collins says policy entering new phase, open to smaller rate hikes Boston Federal Reserve President Susan Collins said on Friday that while she supports pressing forward with interest... Published 04 Nov, 2022 08:37pm
World US job growth beats expectations in October; unemployment rate rises to 3.7% WASHINGTON: US employers hired more workers than expected in October, but a rise in the unemployment rate to 3.7%... Published 04 Nov, 2022 06:00pm
World US service sector slows in October; price pressures build up WASHINGTON: The US services industry grew at its slowest pace in nearly 2-1/2 years in October, but businesses... Published 03 Nov, 2022 07:36pm
World US productivity rebounds moderately in third quarter WASHINGTON: US worker productivity rebounded less than expected in the third quarter, resulting in continued upward... Published 03 Nov, 2022 06:14pm
Business & Finance Fed delivers big rate hike WASHINGTON: The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it... Updated 03 Nov, 2022 09:41am
Markets US Fed announces fourth straight 0.75 point rate hike Latest three-quarter percentage point increase takes the benchmark lending rate to 3.75-4.0 percent, the highest since January 2008 Updated 03 Nov, 2022 12:13am
Markets Wall Street Week Ahead: Hopeful US stock rally set for date with Federal Reserve reality NEW YORK: A bounce in US stocks that has defied a barrage of major earnings disappointments faces a key test in the... Published 31 Oct, 2022 05:55am
World US consumer spending beat expectations in September; inflation still rising WASHINGTON: US consumer spending increased more than expected in September, while underlying inflation pressures... Published 28 Oct, 2022 06:18pm
Business & Finance US economy grows for first time this year in third quarter WASHINGTON: The US economy rebounded in the third quarter, government data showed Thursday, in welcome news for... Published 28 Oct, 2022 05:58am
World US economy grows for first time this year in third quarter WASHINGTON: The US economy rebounded in the third quarter, expanding for the first time this year in welcome news... Published 27 Oct, 2022 05:59pm
World US new home sales fall in September on rising mortgage rates WASHINGTON: New home sales in the US dipped in September, official data showed Wednesday, as worsening affordability... Published 26 Oct, 2022 08:35pm
World US goods trade deficit widens in September WASHINGTON: The US trade deficit in goods widened in September amid declining exports and rising imports, but that... Published 26 Oct, 2022 06:12pm
Business & Finance US auto sales to rise in October as supply chains improve: report US auto retail sales are expected to rise in October as supply chain snags ease, making more vehicles available at... Published 26 Oct, 2022 06:08pm
World US home price growth slows in August, surveys show WASHINGTON: US single-family home prices fell sharply on a monthly basis in August as surging mortgage rates... Published 25 Oct, 2022 06:53pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn