US consumer spending increases solidly in October and November
WASHINGTON, Jan 22 (Reuters) – U.S. consumer spending increased solidly in November and October, likely keeping the economy…
Exclusive: Meta’s new AI team delivered first key models internally this month, CTO says
Meta Superintelligence Labs team was formed last year CTO says new models ‘very good’ Company had faced criticism…
Global bond markets shaken by Japan selloff, Greenland worries
Japanese bond selloff spills over globally Long-dated U.S. yields post biggest two-day rise since May Greenland tensions add…
China must strike right balance between demand and supply, says President Xi
BEIJING, Jan 20 (Reuters) – China should maintain manufacturing as a reasonable share of its economy and strike…
Canadian housing starts rose 5.6% in 2025 as December beats expectations
TORONTO, Jan 16 (Reuters) – Canadian housing starts rose 5.6% in 2025 to 259,028 units as starts increased…
Trump housing plan to allow 401(k) money for down payments, adviser says
WASHINGTON, Jan 16 (Reuters) – The Trump administration plans to allow investors to use some of their retirement…
Exclusive: South Korea’s $350 billion US investment unlikely to kick off in H1, finmin says
South Korea’s $350-bln package pushed beyond first half Slumping won pressures efforts to advance U.S. deal plans S.Korea…
Weekly US jobless claims fall unexpectedly, but labor market treading water
Weekly jobless claims drop 9,000 to 198,000 Continuing claims decrease 19,000 to 1.884 million WASHINGTON, Jan 15 (Reuters)…
US producer prices increase moderately in November
WASHINGTON, Jan 14 (Reuters) – U.S. producer prices picked up slightly in November amid a surge in the…
Strong US retail sales in November showcase economy’s resilience
Retail sales increase 0.6% in November Core retail sales advance 0.4% Producer prices rise 0.2% in November after…
US current account deficit contracts sharply in the third quarter
WASHINGTON, Jan 14 (Reuters) – The U.S. current account deficit narrowed sharply in the third quarter as tariffs…
China’s 2025 Canadian trade slump to remind visiting Carney of economic stakes
Item 1 of 4 Canada’s Prime Minister Mark Carney inspects the honour guard upon his arrival at Beijing…