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Jeff Kearns

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UNITED STATES payrolls rose 75,000 in May after a downwardly revised 224,000 advance the prior month. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

U.S. payrolls rise 75,000, missing forecasts as wage gains cool

NEW YORK –  United States employers last month added the fewest workers in three months as wage gains cooled, suggesting broader economic weakness and...
THE U.S. TRADE deficit in goods and services shrank to $50.8 billion in April as both exports and imports declined. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON

Exports, imports both plummet as U.S. trade deficit narrows

NEW YORK – The United States trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump’s...
THE UNITED STATES consumer-price index increased 0.3% monthly and 2% annually in April. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. consumer-price gains miss estimates, testing Powell’s view

NEW YORK – A key measure of United States consumer prices rose by less than expected in April on lower used-car and apparel costs,...
THE OVERALL U.S. merchandise-trade deficit widened 0.7% to $72.4 billion in March. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. trade gap with China shrank in March to lowest since...

NEW YORK – The United States trade deficit with China decreased to the narrowest in almost three years as imports slowed and exports advanced,...
UNITED STATES payrolls climbed by 263,000 in April. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. jobs top forecast at 263K gain; wages miss estimates

PROVIDENCE – The United States economy accelerated its rebound from a recent soft patch as unemployment unexpectedly fell to a fresh 49-year low amid...
UNITED STATES purchases increased 0.9 percent in March. / BLOOMBERG FILE PHOTO/ARIANA LINDQUIST

U.S. March consumer spending picks up as core inflation cools

NEW YORK - United States consumer spending rebounded in March while the Federal Reserve's preferred underlying inflation gauge eased to a one-year low, reinforcing...
U.S. GDP increased at a 3.2% annualized rate from January through March. / BLOOMBERG NEWS FILE PHOTO/BRYAN VAN DER BEEK

U.S. growth of 3.2% tops forecasts on trade, inventory boost

NEW YORK - United States economic growth accelerated by more than expected in the first quarter on a big boost from inventories and trade...
THE INSTITUTE FOR SUPPLY MANAGEMENT index, a measurement of the health of the U.S. manufacturing industry, rose to 55.3 from 54.2 as three of five main components increased. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory gauge rises from two-year low on jobs advance

NEW YORK - A gauge of United States factories topped estimates in March, rising from a two-year low on strength in employment and orders...
AMERICAN CONSUMER SPENDING in January rose 0.1 percent from the prior month after a downwardly revised 0.6 percent drop, according to the Commerce Department. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. consumer spending misses forecasts as prices ease

NEW YORK - United States consumer spending in January was short of projections while inflation eased, an early read on the economy in the...
U.S. GDP in the fourth quarter was revised down from a 2.6 percent annualized rate to a 2.2 percent annualized rate. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

U.S. Q4 growth pace revised down to 2.2% from 2.6%

NEW YORK - United States economic growth cooled by more than initially reported last quarter on revisions to consumer and government spending, signaling mounting...
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