Alex Kowalski
Consumer spending in U.S. stagnated in May as prices rose
WASHINGTON - Consumer spending unexpectedly stagnated in May as employment prospects dimmed and rising inflation caused Americans to cut back.
Purchases were little changed, the...
U.S. economy grew 1.9% in first quarter, above prior estimate
WASHINGTON - The U.S. economy grew at a 1.9 percent pace in the first quarter, marking the start of what Federal Reserve policy makers...
U.S. economy: Consumer prices climbed more than forecast in May
WASHINGTON - The cost of living in the U.S. rose more than forecast in May as prices for everything from autos to hotel rooms...
U.S. MBA mortgage applications index increased 13% last week
WASHINGTON - Mortgage applications in the U.S. rose last week to the highest level this year, led by a jump in refinances as mortgage...
U.S. manufacturing grew at slower pace than forecast in May
WASHINGTON - Manufacturing in the U.S. expanded in May at the slowest pace in more than a year, reflecting higher costs of commodities and...
U.S. homebuilder confidence in May was lower than forecast
WASHINGTON - Confidence among U.S. homebuilders was little changed in May as executives turned more pessimistic on the outlook for sales, a sign any...
Higher prices to restrain U.S. growth
WASHINGTON - The economy in the U.S. will grow less than previously estimated this year as rising commodity costs hurt consumers, a survey showed.
Gross...
Jobless claims in U.S. unexpectedly jump on one-time events
WASHINGTON - The number of claims for U.S. unemployment benefits unexpectedly rose last week, pushed up by auto-plant shutdowns and other unusual events that...
ADP estimates U.S. companies added 179,000 jobs in April
WASHINGTON - Companies in the U.S. added workers in April, signaling the labor market is strengthening, data from a private report based on payrolls...
Home prices in 20 U.S. cities decreased 3.3% from year ago
WASHINGTON - Residential real estate prices dropped in February by the most in more than a year, a sign the U.S. housing market is...
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