Michelle Jamrisko
U.S. productivity unexpectedly falls for third straight quarter
WASHINGTON - The productivity of American workers unexpectedly declined for a third straight quarter, consistent with lackluster efficiency that’s characterized the economic expansion.
The measure...
Payrolls surge as U.S. hiring broad-based for second month
WASHINGTON - Employment jumped in July for a second month and wages climbed, pointing to renewed vigor in the U.S. labor market that will...
ADP says companies in U.S. added 179,000 employees in July
WASHINGTON - Companies in July added workers to U.S. payrolls at a steady pace from the prior month, a private report showed Wednesday, showing...
Jobless claims in U.S. climbed last week from a three-month low
WASHINGTON - The number of Americans who filed for unemployment benefits last week rose from a three-month low, consistent with the Federal Reserve’s view...
New-home sales in U.S. jump to highest level since February 2008
WASHINGTON - Purchases of new U.S. single-family homes rose in June to the highest level in more than eight years, indicating a firm and...
Housing starts in U.S. increased more than forecast in June
WASHINGTON - New-home construction in the United States rose more than forecast in June, providing some momentum for residential real estate near the end...
Consumer sentiment drops as U.S. high earners shaken by Brexit
WASHINGTON - Consumer confidence in the U.S. dropped in July as U.K.’s vote to leave the European Union flustered high-income earners.
The University of Michigan’s...
Fewest Americans since mid-April file for unemployment benefits
WASHINGTON - Filings for U.S. unemployment benefits unexpectedly declined last week to the lowest level since mid-April, signaling labor market stability amid a shaky...
Jobless claims in U.S. declined more than forecast last week
WASHINGTON - Fewer Americans than forecast filed for unemployment benefits last week, adding to evidence that the labor market is healthy and stable.
Jobless claims...
U.S. factory production falls more than forecast on auto output
WASHINGTON - Factory production fell more than forecast in May, reflecting declining output of vehicles and business equipment that show U.S. manufacturing is still...
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