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Katia Dmitrieva

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PRODUCTION at U.S. factories declined 0.5% in September. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. factory output falls most in 5 months on GM strike

WASHINGTON – Production at United States factories fell in September by the most in five months, depressed by an autoworkers’ strike at General Motors...
UNITED STATES private payrolls expanded by 114,000 in September. / BLOOMBERG NEWS FILE PHOTO/

U.S. payrolls miss estimates as wages cool in sign of downshift

WASHINGTON – United States private hiring was less than forecast in September as wage gains cooled, offering a warning that the record-long expansion may...
UNITED STATES jobless claims increased 4,000 to 219,000 last week. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. jobless claims edge up, though labor market remains tight

WASHINGTON – Filings for United States unemployment benefits rose to a four-week high, another sign of potential labor market weakness ahead of the monthly...
THE UNITED STATES' goods-trade deficit was $72.8 billion in August after $72.5 billion the month prior. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. goods trade deficit widened in August by less than forecast

WASHINGTON – America’s merchandise trade deficit widened in August by less than forecast as a gain in imports exceeded a slight increase in exports.The...
THE U.S. BUDGET DEFICIT is projected to exceed $1 trillion by fiscal 2020. / BLOOMBERG FILE PHOTO/ANDREW HARRER

U.S. budget gap set to top $1T in FY2020, two years...

WASHINGTON – The United States budget deficit is set to widen to $1 trillion by fiscal year 2020, two years sooner than previously estimated,...

U.S. consumer credit increased less than forecast in June

WASHINGTON – United States consumer debt rose less than forecast in June as Americans whittled away at their credit-card balances following a big bump...
THE ODDS of an oncoming global recession are rising amid a continuing trade dispute between the U.S. and China. / BLOOMBERG NEWS

World economy edges closer to a recession as trade dread deepens

WASHINGTON – The escalating trade war between the United States and China is nudging the world economy toward its first recession in a decade...
THE U.S. trade gap with China increased from $30.1 to $30.2 billion in June, seasonally adjusted. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. goods trade deficit widens to 5-month high in June

WASHINGTON – America’s merchandise trade deficit with China widened slightly in June to a five-month high, government figures showed Friday, a day after President...
THE U.S. ECONOMY expanded at a 2.1% annualized rate in the 2019 second quarter, driven in large part by increased consumer spending. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. growth slows to 2.1% as trade tensions weigh on businesses

WASHINGTON – U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports...
UNITED STATES jobless claims rose to 216,000 last week. / BLOOMBERG NEWS FILE PHOTO/JEFF KOWALSKY

U.S. jobless claims edge up to 216,000, matching projections

WASHINGTON – Filings for United States unemployment benefits rose slightly while still remaining around a historically low level that’s consistent with a tight labor...
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