US consumer spending increased steadily in August
U.S. consumer spending increased steadily in August, while a measure of underlying inflation remained at the Federal Reserve’s 2 percent target for a fourth straight month.
Final reading on Q2 GDP confirms 4.2% gain, the fastest rise in nearly four years
The final reading on second-quarter gross domestic product was expected to show a rise of 4.2 percent, up from the 2.2 percent increase in the previous quarter.
Consumer confidence hits 138.4 in September, vs. 132 estimate
Consumer confidence hits 138.4 in September, vs. 132 estimate
Consumer confidence rises to highest level in 18 years
Consumer confidence rose in September, notching its highest level in about 18 years.
Jobless claims fall to the lowest in nearly 49 years
First-time claims for state unemployment benefits were expected to total 210,000 for the most recent week, following 204,00 claims filed in the previous week.
Job openings hit record high and more people than ever are confident enough to quit
Job openings hit a fresh record in July, closing in on 7 million amid a jump in vacancies for finance and manufacturing, the Labor Department reported Tuesday.
China’s second-in-command: We’re facing ‘greater difficulties’ in keeping economy stable
Chinese Premier Li Keqiang said claims that the recent slide of the yuan against the U.S. dollar was an intentional policy decision from Beijing were “simply not true.”
US housing starts rose in August, boosted by a jump in multifamily construction
U.S. homebuilding increased more than expected in August, a positive sign for the housing market which has underperformed the broader economy amid rising interest rates for home loans.
Capital expenditures surge to 25-year high, R&D jumps 14% as companies spend tax cut riches freely
Companies are using a dramatic surge in cash to invest both in the present and the future at levels not seen in at least a decade.
Consumer sentiment hits 100.8 in September, vs. 96.6 estimate
A preliminary look at consumer sentiment in September easily topped expectations on Friday.