Government, Business

Jobless Claims Rise to 215,000 as Labor Market Holds Up

Filings for U.S. unemployment benefits edged up while remaining at historically low levels, another indication that the labor market remains generally robust.

Reade Pickert | Bloomberg News
August 1, 2019
Government, Business

Employment Costs Rise Less Than Expected in Second Quarter

Employment costs rose less than estimated in the second quarter as worker pay raises held steady while benefit gains decelerated, suggesting inflation pressures remain muted.

Reade Pickert | Bloomberg News
July 31, 2019
Government, Business

Housing Starts Fall in June on Fewer Multifamily Units

New home construction fell in June for a second month as a drop in apartment building outweighed a pickup in single-family projects.

Reade Pickert | Bloomberg News
July 17, 2019
Government, Business

Core Consumer Inflation Tops Projections in Broad Gain

A key measure of U.S. consumer prices rose more than forecast in June, potentially complicating the Federal Reserve’s assessment of inflation as policy makers weigh an interest-rate cut as soon as this month.

Reade Pickert | Bloomberg News
July 11, 2019
Government, Business

First-Quarter Consumer Spending Revised Down to 0.9% Gain

U.S. consumer spending in the first quarter was even weaker than previously reported on lower outlays for services while business investment was revised higher, leaving the pace of economic growth at a still-solid 3.1%.

Reade Pickert | Bloomberg News
June 27, 2019