Imagine what would happen if the Fed raised rates—and they dropped even lower, instead.» Read More
Economists had forecast import prices falling 1.1 percent after a previously reported 0.1 percent dip in June.
U.S. job openings were little changed at 5.2 million in June, the U.S. Bureau of Labor Statistics reported Wednesday.
The Federal Reserve may raise interest rates in September, but only with "great difficulty" following China's devaluation of the yuan, Bob Doll said.
Total mortgage applications increased 0.1 percent from a week ago but are nearly 18 percent above year ago levels.
U.S. productivity rebounded in the second quarter, but a weak underlying trend suggested inflation could pick up more quickly than anticipated.
U.S. inflation is "very low" but only temporarily so, and the economy has nearly achieved full employment, Federal Reserve Vice Chair Fischer said.
U.S. small business confidence rebounded in July from a 15-month low, providing another boost to the economic outlook for the third quarter.
The Federal Reserve says U.S. consumer borrowing hit another record in June, good news for the American economy.
The number of Americans filing for unemployment benefits rose less than expected last week, suggesting market conditions continued to tighten.
Business is booming at the nation's largest container port complex. Volumes in June jumped 14 percent at the Port of Los Angeles to a three-year high.
Job cuts surged to 105,696 in July as the military announced plans to reduce troop and civilian workforce payrolls.
Food prices have hit their lowest level since September 2009, dragged down in part by high supplies of milk in Europe.
U.S private employers added 185,000 jobs in July, according to ADP, in a sign that job growth has moderated since the beginning of the year.
U.S. services sector growth improved modestly in July from June, owing to a slight gain in employment and in new business, an industry report showed.
The U.S. trade deficit widened more than expected as an acceleration in demand and a strong dollar sucked in imports of food and automobiles.
Consumer spending in June recorded its smallest gain in four months as demand for automobiles softened, suggesting the economy lost some momentum.
Growth in the U.S. manufacturing sector edged up in July, according to an industry report released on Monday.
Business activity in the U.S. Midwest jumped to a six-month high in July, showing expansion in the region for the first time since April.
U.S. consumer sentiment came in slightly below expectations at 93.1, the Survey of Consumers said Friday.
U.S. economic growth accelerated in the second quarter as a pick up in consumer spending offset the drag from soft business spending on equipment.