The number of new U.S. jobless claims fell to a new three month low, suggesting a strengthening labor market.» Read More
New claims for unemployment benefits fell to a near six-year low last week, while U.S. consumer prices remained largely benign in July.
St. Louis Federal Reserve President James Bullard said Wednesday that the low US inflation rate is a worrisome sign for the country's economy.
U.S. producer prices pointed to very little inflationary pressure in the economy, which could add to worries at the U.S. Federal Reserve that inflation is running too low.
US economic performance remains too mixed for Federal Reserve policymakers to lay out a detailed path for exiting the stimulus plan, a top Fed official said on Tuesday.
Investors looking for major clues about the future of monetary policy probably will have to look past this month's Federal Reserve summit at Jackson Hole, Wyo.
Inventories at US businesses were flat in June and firms outside the auto sector cut back on restocking, which might weigh against estimates for economic growth in the second quarter.
Despite improving fundamentals in the U.S., equities markets may slow, but Europe presents a good place to find relative value in the near-term, strategists tell CNBC.
A gauge of U.S. consumer spending rose in July at its fastest pace in seven months, while a separate report showed that U.S. import prices rose less than expected.
US wholesale inventories unexpectedly fell for a second straight month in June, which could prompt economists to mark down their second-quarter growth estimates.
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A group of large US retailers reported higher sales for July, but had to resort to bargains to lure shoppers who are still careful in their spending while the job market recovers.
Global food prices could decline further in coming months, the United Nations' food agency said on Thursday, pointing to prospects of abundant grain supplies.
The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession.
Americans borrowed more in June to buy cars and attend schools. But they were frugal again with their credit cards, as many remain wary of taking on high-interest debt.
The lobster industry is being crippled by a glut of supply that many attribute to climate change, sending the price per pound plummeting and making the crustacean affordable.
US consumer credit rose less than expected in June - to $2.8 trillion - held back by the largest decline in credit card use in a year as households continue to pay down debts.
A monthly gauge of U.S. employment held steady in the latest week, underscoring little movement in overall hiring yet showing a "significant decline" in federal government jobs.
Potential buyers crept back into the U.S. housing market last week as applications for mortgages edged up, even though rates resumed their ascent.
There's no reason the Fed should taper asset purchases and instead the government needs to increase spending, said Byron Wien, vice chairman of Blackstone Advisory Partners.
The U.S. trade deficit narrowed sharply in June to its lowest level in more than 3-1/2 years as imports reversed the prior month's spike.
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