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Shobhana Chandra

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U.S. manufacturing production unchanged, missing projections

NEW YORK - United States factory production was unchanged in November and the prior month’s reading was revised to a decline from a gain,...

U.S. CFOs overwhelmingly expect a recession within 2 years

NEW YORK - United States chief financial officers expect a recession as soon as next year, adding to signs that the outlook is souring among...
UNITED STATES CPI inflation slowed to 2.2 percent in November. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

Underlying U.S. inflation picks up to keep Fed hike on track

NEW YORK - A key measure of United States inflation picked up as expected in November on rising costs for housing, medical care and used...
THE UNITED STATES producer-price index increased 2.5 percent year over year in November. /BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

Producer prices in U.S. rose in Nov., exceeding estimates

NEW YORK - United States producer prices rose in November on advances in foods and transportation services, while a measure of underlying costs accelerated, offering...
U.S JOB OPENINGS rose by 119,000 to 7.08 million in October. / BLOOMBERG NEWS FILE PHOTO/MIKE FUENTES

U.S. job openings rose in Oct., top unemployed by 1M

NEW YORK - United States job openings rebounded in October, exceeding the number of unemployed workers by 1 million, indicating demand for workers was...
THE U.S. TRADE GAP increased 1.7 percent to $55.5 billion in October, the highest in a decade. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. trade gap widens to 10-year high amid China tensions

NEW YORK - The United States trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the...
CONSUMER PURCHASES rose 0.6 percent in October after a downwardly revised 0.2 percent advance, according to Commerce Department data. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. consumer spending picks up; Inflation below forecast

NEW YORK - Americans’ spending rose by more than forecast in October, giving the biggest part of the economy a solid start to the quarter,...
U.S. JOBLESS claims increased by 10,000 to 234,000 last week. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Jobless claims in U.S. hit 6-month high during holiday week

NEW YORK - Filings for United States unemployment benefits rose for a third week to the highest level since May, potentially reflecting volatility around two...
UNITED STATES GDP increased an at unrevised 3.5 percent annualized rate in the third quarter. / BLOOMBERG NEWS FILE PHOTO/ALEX FLYNN

U.S. economy grew at unrevised 3.5% pace in Q3

NEW YORK - The United States economy remained on a solid footing in the third quarter, matching previously reported results, as stronger business investment...
U.S. COMPANY'S capital spending has slowed due to higher interest rates and the uncertainty around tariffs, among other factors. The slowdown follows a spur in spending following the most recent tax cuts. / BLOOMBERG NEWS FILE PHOTO/JIM LEE

Capital-spending slowdown flashes warning for U.S. growth

NEW YORK - Juiced by President Donald Trump’s tax cuts, business investment helped deliver a robust United States economy in the first half of...
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