US Productivity Rebounds In Fourth Quarter As Labor Costs Growth Slows
U.S. worker productivity rebounded in the fourth quarter, keeping labor costs in check. Read more
US Weekly Jobless Claims Drop To A 9-month Low
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, down slightly... Read more
Private Payrolls Soar In January, The Best Monthly Gain In Nearly 5 Years
ADP/Moody's Analytics said private payrolls rose by 291,000 in January, nearly twice the expected gains. Read more
Fed's Mary Daly Says Current Interest Rates Put Economy 'in A Good Place To Weather The Storms'
San Francisco Fed President Mary Daly said she believes last year's rate cuts put the U.S. economy in a strong position ... Read more
There's A 70% Chance Of Recession In The Next Six Months, New Study From MIT And State Street Finds
Using a scientific method initially developed to measure human skulls, researchers from MIT and State Street say there's... Read more
Weekly Mortgage Refinance Applications Spike 15% As Interest Rates Plunge To Lowest In Nearly 4 Years
Homeowners rushed to take advantage of the sharp drop in interest rates last week. Refinance demand pushed total mortgag... Read more
US Services Sector Growth Picks Up In January
Industries reported increases in new orders, suggesting the economy could continue to grow moderately this year even as ... Read more
A Fed Rate Cut In 2020 Is Now On The Table As Coronavirus Spreads, Economist Says
The spread of the coronavirus could lead global central banks including the Federal Reserve to leverage their policies t... Read more
US Trade Deficit Shrinks In 2019 For First Time In Six Years
The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the... Read more
Fed's Bostic Says New Virus Hasn't Changed His Outlook
China's virus outbreak has prompted traders to begin pricing in a U.S. interest rate cut by June but has not swayed the ... Read more
US Manufacturing Activity Rebounds In January
The ISM reading came in at the highest level since July. Read more
US Weekly Jobless Claims Fall; Prior Week Revised Sharply Higher
Claims data for the prior week was revised to show 12,000 more applications received than previously reported. Read more
China's Deadly Coronavirus Could Be Good For US Jobs, Manufacturing, Says Trump Commerce Secretary Wilbur Ross
"The fact is, it does give businesses another thing to consider when they go through their review of their supply chain,... Read more
Fourth-quarter GDP Rose Only 2.1% And Full-year 2019 Posts Slowest Growth In Three Years At 2.3%
The 2.3% growth in U.S. gross domestic product for the full year well below the White House's projections following the ... Read more
Fourth Quarter GDP Could Show Economy Entered A Slower Growth Patch At Year-end
Economic growth in the final quarter of the year is expected to be on par with third quarter's 2.1%, but it is also like... Read more