The U.S. posted its biggest monthly budget deficit on record last month, amid falling corporate and individual tax revenue and increasing federal spending.
March 22, 2019Latest News Updates From Katia Dmitrieva
Jobless Claims Fall More Than Expected to Four-Week Low
Filings for U.S. unemployment benefits fell more than expected to a four-week low, as the labor market tightens further following the end of a five-week government shutdown.
March 21, 2019Housing Starts Rebound in January by More Than Forecast
U.S. new-home construction rebounded by more than expected in January amid strength in single-family starts and a nine-month high for permits, signaling the market is stabilizing thanks to lower mortgage rates.
March 8, 2019Trade Gap of $621 Billion in 2018 Marked Highest in Decade
The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports.
March 6, 2019Housing Starts Decline to Two-Year Low in December
U.S. new-home construction in December fell to the lowest since September 2016, as builders held back during a turbulent month for financial markets.
February 26, 2019Manufacturing Takes Downward Turn in January
U.S. factory production unexpectedly contracted in January, shrinking the most in eight months on weakness in the automotive sector and indicating a weak start to the year as headwinds including a trade war with China weighed on factories.
February 15, 2019Trade Gap Narrows to Five-Month Low as Imports Plummet
The U.S. trade deficit narrowed in November by more than forecast to a five-month low, as imports tumbled by the most in more than two years amid an intensifying trade war.
February 6, 2019Jobless Claims Fall to 49-Year Low Despite Shutdown
Filings for U.S. unemployment benefits fell last week to the lowest level since 1969, signaling the labor market remains tight despite the partial federal-government shutdown.
January 24, 2019Core Inflation Holds Steady as Energy Drags Down Main Index
A key measure of U.S. inflation was little changed in December while falling energy prices dragged down the broader gauge, giving the Federal Reserve little urgency to raise interest rates soon as it signals a more cautious approach in 2019.
January 11, 2019Jobless Claims Hit Four-Week High Amid Federal Shutdown
Filings for U.S. unemployment benefits rose to a four-week high at year’s end, amid holidays that tend to make the figures more volatile and a partial government shutdown that may have spurred federal workers to request funds.
January 3, 2019Trending
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