America Inc’s productivity boom may be going global
ORLANDO, Florida, Jan 26 (Reuters) – The rumblings of a productivity boom are reverberating through the U.S. economy…
Poland cools on joining euro zone after its economy surges, FT reports
Jan 25 (Reuters) – Poland is in no hurry to join the euro zone, Finance Minister Andrzej Domanski…
Surprise UK retail sales rise adds to signs of pickup in economy
UK retail sales rise 0.4% in December Economists had expected 0.1% fall Data adds to early signs of…
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…
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…
Weaker UK jobs data may offer inflation relief to BoE
Private sector pay grows by least since November 2020 UK regular wage growth slows to 4.5% Jobless rate…
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…
US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says
NEW YORK, Jan 13 (Reuters) – Lower oil prices are expected to cut U.S. drilling activity and reduce…
US consumer inflation increases steadily, but households paying more for food and rents
Consumer Price Index increases 0.3% in December Food, rents were the main drivers of consumer inflation Underlying inflation…