Katia Dmitrieva
U.S. business gauge posts first contraction since 2013 on virus
WASHINGTON – United States business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms...
U.S. jobless claims rise a second week to 210,000, as forecast
WASHINGTON – Filings for United States unemployment benefits increased for a second week, though remained near levels signaling that the labor market is historically...
In hot U.S. jobs market, half of college grads are missing...
WASHINGTON – Millions of Americans are seeing little return from their expensive college degrees - even in today’s hot jobs market.
For the first time...
U.S. applications for jobless benefits rise less than forecast
WASHINGTON – The number of Americans applying for unemployment benefits rose less than forecast, marking the first increase in six weeks and adding to...
U.S. retail sales miss forecasts as restaurants decline
WASHINGTON – United States retail sales missed forecasts calling for an acceleration in November as clothing stores and restaurants posted declines, signaling the economy’s...
U.S. jobless claims rise to 252,000 amid holiday volatility
WASHINGTON – Applications for unemployment benefits increased more than expected to a two-year high amid seasonal volatility in an otherwise stable labor market.
Jobless claims...
U.S. Jobs Trounce Forecasts With 266,000 Gain; Wages Heat Up
U.S. job gains roared back in November as unemployment matched a half-century low and wages topped estimates, giving the Federal Reserve more reason to...
U.S. goods trade deficit narrowed in Oct. as imports plunged
WASHINGTON – The United States merchandise-trade deficit unexpectedly narrowed to the lowest in more than a year as imports plummeted, signaling the impact of...
U.S. factory output declines by most since April on GM strike
WASHINGTON - United States manufacturing output slumped in October by the most in six months as an auto workers' strike at General Motors Co....
U.S. consumer credit rises at slowest pace since June 2018
WASHINGTON – United States consumer credit rose in September at the slowest rate since mid-2018 as Americans carried smaller credit card balances.
Total credit increased...