Reade Pickert
U.S. factory gauge falls to lowest level of Trump presidency
NEW YORK – A measure of United States manufacturing activity unexpectedly fell in May to the lowest level since October 2016, in a sign...
U.S. Q1 growth revised down to 3.1% pace from 3.2%
NEW YORK – United States economic growth last quarter was revised down by less than expected amid stronger consumption and exports than initially reported,...
U.S. jobless claims hold steady, bucking forecasts for a decline
NEW YORK – Filings for United States unemployment benefits unexpectedly held at a two-month high last week, possibly reflecting the late timing of this...
U.S. new-home sales drop from 11-year high as prices increase
NEW YORK – Sales of new homes in the United States cooled in April from an 11-year high amid a surge in prices, adding...
U.S. jobless claims hit five-week low amid tight labor market
NEW YORK – Filings for United States unemployment benefits unexpectedly dipped to a five-week low, offering a fresh sign the job market remains historically...
U.S. retail sales unexpectedly fall in April on autos
NEW YORK – United States retail sales unexpectedly declined in April for the second time in three months, weighed down by soft sales of...
U.S. consumer-price gains miss estimates, testing Powell’s view
NEW YORK – A key measure of United States consumer prices rose by less than expected in April on lower used-car and apparel costs,...
U.S. trade gap with China shrank in March to lowest since...
NEW YORK – The United States trade deficit with China decreased to the narrowest in almost three years as imports slowed and exports advanced,...
U.S. factories are less upbeat on 2019 sales on hiring, tariffs
NEW YORK – United States manufacturers remain upbeat about sales this year, though less so than before as a majority say hiring remains difficult...
U.S. job openings increase by most in a year, topping estimates
NEW YORK – United States job openings rebounded more than expected in the biggest gain in a year, indicating demand for workers remains healthy...
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