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
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 weekly jobless claims increase more than expected WASHINGTON: The number of Americans filing new claims for unemployment benefits increased more than expected last... Published 23 Nov, 2022 07:32pm
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
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
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
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
World US business activity weakens again in October: S&P Global survey US business activity contracted for a fourth straight month in October, with manufacturers and services firms in a... Published 24 Oct, 2022 06:57pm
Business & Finance Japan’s stimulus plan must exceed $100bn, says ruling party executive TOKYO: Japan’s promised economic stimulus must be big enough to exceed the economy’s output gap of about 15 trillion... Published 23 Oct, 2022 11:56am
World US industrial output rises in September on manufacturing gain WASHINGTON: US industrial production picked up more than anticipated in September, official data showed Tuesday, as... Published 18 Oct, 2022 07:25pm
World US retail sales unexpectedly flat in September WASHINGTON: US retail sales were unexpectedly unchanged in September as stubbornly high inflation and rapidly rising... Published 14 Oct, 2022 06:13pm
World US consumer prices increase more than expected in September; weekly jobless claims rise WASHINGTON: US consumer prices increased more than expected in September and underlying inflation pressures... Published 13 Oct, 2022 06:29pm
World US producer prices increase more than expected in September WASHINGTON: US producer prices increased more than expected in September amid strong gains in the costs of services... Published 12 Oct, 2022 06:18pm
World Evans: close alignment on rate hikes, still chance for soft landing CHICAGO: There is a strong consensus at the U.S. Federal Reserve to raise the target policy rate to around 4.5% by... Published 10 Oct, 2022 09:45pm
World US hiring slows in September as unemployment rate dips WASHINGTON: Hiring in the US economy slowed slightly in September, as expected, while the jobless rate ticked back... Published 07 Oct, 2022 07:03pm
World US private payrolls increase in September WASHINGTON: US private employers stepped up hiring in September, suggesting demand for workers remains strong... Published 05 Oct, 2022 06:12pm
World Fed’s Jefferson, in first remarks, calls inflation most concerning problem ATLANTA: Inflation is the most serious problem facing the U.S. Federal Reserve and “may take some time” to address,... Published 04 Oct, 2022 09:48pm
World US labor market starts to cool; job openings post biggest drop in nearly 2-1/2 years WASHINGTON: US job openings fell by the most in nearly 2-1/2 years in August, suggesting that the labor market was... Published 04 Oct, 2022 09:30pm
World US manufacturing activity slowest in almost 2-1/2 years in September: ISM WASHINGTON: US manufacturing activity grew at its slowest pace in nearly 2-1/2 years in September as new orders... Published 03 Oct, 2022 08:11pm