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Katia Dmitrieva

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SALES OF NEW single-family homes in the U.S. dropped 7.8% to a 626,000 annualized pace in May. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

U.S. new-home sales fall to five-month low, missing estimates

WASHINGTON – Sales of new United States homes fell to a five-month low in May, adding to signs of weakness in the sector despite...
U.S COMPANIES REPATRIATED $876.8 billion from the Republican overhaul of the international tax system and the end of the first quarter of 2019. President Donald Trump said $4 trillion would return as a result of the law. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Corporate America is repatriating a fraction of foreign profits

WASHINGTON – Corporations brought $100.2 billion of overseas profits back to the United States in the first quarter, marking $876.8 billion that has returned...
US. JOBLESS claims fell to 216,000 last week . / BLOOMBERG NEWS FILE PHOTO/JEFF KOWALSKY

U.S. jobless claims drop in latest sign of strong labor market

WASHINGTON – Filings for United States unemployment benefits declined the most in five weeks in another sign the jobs market remains strong, underscoring the...
THE UNITED STATES consumer price index increased 1.8% year over year in May. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. core inflation cools, bolstering case for Fed rate cut

NEW YORK – A closely-watched measure of United States inflation trailed forecasts in May as prices fell for used vehicles, reinforcing the case for...
UNITED STATES consumer debt expanded $17.5 billion in April. / BLOOMBERG NEWS FILE PHOTO

Consumer credit in U.S. rises in April by most in 5...

NEW YORK – United States consumer debt increased by the most in five months in April and topped estimates, suggesting more upbeat sentiment among...
THE FED’S preferred core price gauge - tied to spending and excluding food and energy - rose 0.2% from the prior month and 1.6% from a year earlier following a downwardly revised 1.5% in march, according to a commerce department report. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

Fed’s preferred core-price gauge picks up while spending gains

NEW YORK – A crucial measure of United States inflation watched by the Federal Reserve picked up in April for the first time this...
U.S. CONSUMER CONFIDENCE rose in May, according to The Conference Board. Consumer confidence in current conditions also hit an 18-year high for the month. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

U.S. consumer confidence tops forecasts, hits six-month high

NEW YORK – United States consumer confidence rose by more than expected to the highest level since November as Americans felt the best about...

U.S. business-equipment orders post biggest drop in four months

NEW YORK – Orders with United States factories for business equipment declined in April by the most in four months, signaling deepening fallout from the...
THE UNITED STATES preliminary consumer sentiment index from the University of Michigan rose to 102.4 in May, topping estimates. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST

U.S. consumer sentiment jumps to 15-year high on upbeat outlook

NEW YORK – United States consumer sentiment jumped to the strongest level since 2004 on a surge in economic expectations following an unexpectedly strong...
U.S. FACTORY OUTPUT Manufacturing output contracted 0.5% in April. / BLOOMBERG FILE PHOTO/TY WRIGHT/GETTY IMAGES

U.S. factory output falls for a third time in 4 months

NEW YORK - United States factory production fell in April for a third time in four months with a broad decline led by weakness...
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