Michelle Jamrisko
Fed pulls housing’s punch bowl as 30-year seen rising in 2016
WASHINGTON - A decade after home sales peaked, buyers who have enjoyed historically cheap mortgage rates during the industry’s recovery are now bracing for...
Jobless claims in U.S. rose last week to a five-month high
WASHINGTON - Filings for U.S. unemployment benefits jumped last week to a five-month high, interrupting steady labor-market progress.
Jobless claims rose by 13,000 to 282,000...
Trade gap unexpectedly widens on weakest U.S. exports since 2012
WASHINGTON - The trade deficit unexpectedly widened in October as weaker foreign orders for U.S. goods and services outweighed a cooling in imports.
The gap...
Service industries in U.S. grew at slower pace in November
WASHINGTON - Service industries in the U.S. expanded in November at the slowest pace in six months, indicating malaise in manufacturing is impeding progress...
Sales of existing U.S. homes decline on lean inventory
WASHINGTON - Sales of previously owned U.S. homes retreated in October from the second-highest level since 2007 as lean inventory limited momentum in residential...
U.S. home starts fall more than forecast on multifamily drop
WASHINGTON - New-home building declined more than projected in October, led by a slump in apartment construction and showing fitful progress in residential real...
Consumer prices in U.S. increase for first time in three months
WASHINGTON - The cost of living excluding food and fuel rose again in October after picking up the prior month, showing inflation edging closer...
Sales rise less than forecast as Americans save gas money
WASHINGTON - Sales at U.S. retailers rose less than forecast in October as consumers pocketed the money saved after fueling up their cars.
Purchases increased...
Applications for U.S. jobless benefits were unchanged last week
WASHINGTON - Applications for unemployment benefits were unchanged in the first week of November, signaling employers with a healthier appetite for hiring are also...
U.S. consumer spending rose less than forecast in September
WASHINGTON - Household spending rose less than forecast in September, showing the biggest part of the U.S. economy ended a strong quarter on a...
