Business

March Consumer Spending Picks Up; Inflation Hits Fed Goal

U.S. consumer spending picked up in March while the Federal Reserve’s preferred inflation gauge hit the central bank’s 2% target for the first time in a year, reinforcing the outlook for further interest-rate hikes.

Katia Dmitrieva | Bloomberg News
April 30, 2018
Business

Consumer Sentiment Exceeds Forecast on View of Finances

U.S. consumer sentiment exceeded estimates in April on Americans’ increasingly favorable views of their finances, University of Michigan survey data showed April 27.

Katia Dmitrieva | Bloomberg News
April 27, 2018
Business

Orders for Capital Equipment in March Ease Unexpectedly

Orders placed with U.S. factories for business equipment eased unexpectedly last month after a smaller February advance, indicating a more moderate pace of capital spending, a Commerce Department report showed April 26

Katia Dmitrieva | Bloomberg News
April 26, 2018
Business

Jobless Claims Decline on Return of New York School Workers

U.S. filings for unemployment benefits plunged to the lowest level since 1969, mainly reflecting the return of educational service workers in New York state, figures showed April 26.

Katia Dmitrieva | Bloomberg News
April 26, 2018
Business

Sales of New Homes Advance to Four-Month High

U.S. new-home sales increased in March to a four- month high, mainly reflecting a surge in the West, and upward revisions to prior months showed stronger first-quarter demand than previously estimated, according to government data released April 24.

Katia Dmitrieva | Bloomberg News
April 24, 2018
Business

Existing-Home Sales Rise as Properties Draw Quick Bids

Sales of previously owned U.S. homes rose to a four-month high as buyers, fueled by a solid job market and tax cuts, quickly snapped up the limited number of available properties, National Association of Realtors data showed April 23.

Katia Dmitrieva | Bloomberg News
April 23, 2018
Business

Factory Output Cools After Surging in Previous Month

U.S. factory production cooled in March after surging a month earlier, representing a pause in an otherwise strong manufacturing sector, Federal Reserve data showed April 17.

Katia Dmitrieva | Bloomberg News
April 17, 2018
Government, Business

US Retail Sales Rebound in Sign Consumer Weakness Fading

U.S. retail sales rose by more than expected in March in the first gain in four months, suggesting consumer demand regained steam on the back of tax cuts and refunds.

Katia Dmitrieva | Bloomberg News
April 16, 2018
Business

Consumer Credit in US Rises by Lowest Amount in Five Months

U.S. consumer debt rose in February by the least in five months as credit card balances stalled, indicating Americans’ appetite for borrowing waned further after a fourth- quarter shopping spree.

Katia Dmitrieva | Bloomberg News
April 6, 2018
Business

Manufacturers Add 22,000 Jobs in March

President Donald Trump argues that he’s getting tough on China’s trade practices to keep domestic manufacturers from dying. One hole in that argument: American factories are coming back to life on their own.

Katia Dmitrieva | Bloomberg News
April 6, 2018