Private payrolls increase by 125,000 in October, topping expectations
Private payrolls grew at a faster-than-expected pace in October, but the solid growth was offset by a sharp downward revision for the previous month, according to a survey released Wednesday.
U.S. Factory Slump Shows Manufacturing Isn’t the Bellwether It Used to Be
This has been a difficult year for American manufacturers, marked by trade war volleys and a global economy that is running out of steam. Output, investment and employment are down and firms are less optimistic.
Consumers support U.S. economy as business spending slumps
U.S. economic growth slowed less than expected in the third quarter as a further contraction in business investment was offset by resilient consumer spending, further allaying financial market fears of a recession.
Consumers support U.S. economy as business spending slumps
U.S. economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports, further allaying financial market fears of a recession.
S&P 500 hits record as earnings reports signal a recession is nowhere near
The S&P 500 hit record high on Monday, up more than 20% year to date and completing a rebound from an August sell-off.
Homebuilder confidence surges to highest level in nearly two years, thanks to lower mortgage rates
U.S. homebuilders are loving today’s lower mortgage rates, which are bringing buyers back and boosting sales.
U.S. Consumer Sentiment Unexpectedly Rises to Three-Month High
Sentiment among American consumers posted a surprise jump in October amid expectations for rising incomes and lower inflation, indicating households will continue to extend the longest-running U.S. expansion.
China Hit by EU Tariffs as High as 66%
The European Union imposed tariffs as high as 66.4% on steel road wheels from China, targeting manufacturers such as Zhejiang Jingu Co. and Xingmin Intelligent Transportation Systems Co.
September unemployment rate falls to 3.5%, a 50-year low, as payrolls rise by 136,000
Unemployment hit a fresh 50-year low in September even though nonfarm payrolls rose by just 136,000 as the economy nears full employment, the Labor Department reported Friday.
U.S. 2019 holiday sales to rise as much as 4.2% – NRF
U.S. holiday sales are expected to rise between 3.8% and 4.2% in 2019, higher than last year, the National Retail Federation said on Thursday, even as the retail group signaled uncertainty fueled by the prolonged U.S.-China trade war.