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Shobhana Chandra

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UNITES STATES jobless claims decreased by 5,000 to 210,000 last week. / BLOOMBERG NEWS FILE PHOTO/ LUKE SHARRETT

Jobless claims fell last week amid strong U.S. labor market

NEW YORK - United States filings for unemployment benefits fell last week and continuing claims dropped to the lowest level since 1973, indicating the job...
UNITED STATES factory production expanded in September for a fourth consecutive month, increasing 0.2 percent. / BLOOMBERG NEWS/TY WRIGHT

U.S. September manufacturing production rises on broad demand

NEW YORK - United States factory production expanded in September for a fourth consecutive month on broad-based demand as the sector accelerated in the third...
UNITED STATES retail sales rose 0.1 percent in September. / BLOOMBERG NEWS /MICHAEL NAGLE

U.S. retail sales miss forecasts as restaurant receipts drop

NEW YORK - United States retail sales rose less than forecast in September, as a broad-based increase was overshadowed by a drop in restaurant receipts...
UNITED STATES consumer sentiment unexpectedly declined in October. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. consumer sentiment eased in Oct., missing forecasts

NEW YORK - United States consumer sentiment unexpectedly dipped in October to a still-elevated level amid slightly dimmer views of personal finances and the long-term...
UNITED STATES unemployment in September was 3.7 percent. Meanwhile, hiring cooled and wage gains eased slightly. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. payrolls and wages cool while jobless rate hits 48-year low

NEW YORK - United States hiring cooled in September by more than forecast, wage gains eased slightly and the jobless rate fell to a 48-year...
UNITED STATES jobless claims decreased by 8,000 to 207,000 last week. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Jobless claims fell last week, showing tight U.S. labor market

NEW YORK - United States filings for unemployment benefits unexpectedly fell last week following a storm-related surge in the prior period, indicating resilient demand...
THE UNITED STATES merchandise-trade deficit unexpectedly grew in August to $75.8 billion. / BLOOMBERG NEWS

Tariffs start to drag on U.S. economy as trade deficit widens

NEW YORK - Fresh data on the United States economy show President Donald Trump’s escalating trade war is shaping up as a clear drag on...
UNTIED STATES jobless claims increased by 12,000 to 214,000 last week, elevated by areas impacted by Hurricane Florence. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Jobless claims surge in storm-hit Carolinas, boosting U.S. total

NEW YORK - Filings for United States unemployment benefits rose last week, reflecting jumps in states hit by Hurricane Florence, though the national figure remains...
UNITED STATES GROSS DOMESTIC PRODUCT increased at an unrevised 4.2 percent annnualized rate in the second quarter of 2018. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. economy grew at unrevised 4.2% pace in Q2

NEW YORK - The United States economy grew in the second quarter at an unrevised 4.2 percent pace, the fastest since late 2014, indicating a...
THE S&P Supercomposite Homebuilding Index is down 21 percent year-to-date, on track for the biggest annual drop since 2008. / BLOOMBERG NEWS

Builders slump as U.S. housing market shifts to the slow lane

NEW YORK - The housing market is stalling, and homebuilder stocks are feeling the pain.The S&P Supercomposite Homebuilding Index is down 21 percent year-to-date, on...
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