Edition:
United States

Lucia Mutikani

U.S. consumer sentiment at two-year low, manufacturing rebounds

Jan 18 2019

WASHINGTON U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth.

U.S. labor market strong; mid-Atlantic factory activity improves

Jan 17 2019

WASHINGTON The number of Americans filing applications for jobless benefits unexpectedly fell last week, pointing to sustained labor market strength that should continue to underpin the economy.

U.S. import prices fall; year-on-year drop largest since 2016

Jan 16 2019

WASHINGTON U.S. import prices fell for a second straight month in December as the cost of petroleum products tumbled and a strong dollar curbed prices of other goods, leading to the largest year-on-year drop in more than two years.

Weak U.S. producer prices support tame inflation picture

Jan 15 2019

WASHINGTON U.S. producer prices dropped by the most in more than two years in December as the cost of energy products and trade services fell, adding to signs of tame inflation that may allow the Federal Reserve to be patient about raising interest rates this year.

U.S. government shutdown may depress January job growth

Jan 11 2019

WASHINGTON A partial shutdown of the U.S. government could slash job growth by as much as 500,000 in January and lift the unemployment rate above 4.0 percent unless the impasse in Washington is resolved before next Friday, economists warned.

Cheaper gasoline weighs on U.S. consumer prices in December

Jan 11 2019

WASHINGTON U.S. consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and healthcare costs rose steadily.

U.S. weekly jobless claims showcase economy's strength

Jan 10 2019

WASHINGTON The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to sustained labor market strength that could further assuage concerns about the economy's health.

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