— U.S. retail sales rose a meager 0.1% in May from April as still high inflation curbed spending. — New U.S. housing starts were down 5.5%...
— The U.S. Consumer Price Index was flat for May, indicating a slowdown in inflation, which is up 3.3% over the past 12 months. — The Fe...
Top-of-mind economic news as we start the week: — The U.S. economy added 272,000 new jobs in May and wages are up 4.1% over the past year, indic...
— The Fed’s preferred inflation measure, the personal consumption expenditures index ex. Food and energy, rose 0.2% in April, as expected. ...
— Home sales slipped unexpectedly in April, despite big gains in supply. — US applications for jobless benefits fall as labor market conti...
— US CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago. — Retail sales were unchanged in...
— The US is now Germany’s biggest trading partner taking over from China. — US consumer sentiment drops to a 6-month low on inflation, u...
— The US Fed keeps rates steady as it notes “lack of further progress” on inflation. — US job growth totaled 175,000 in April, much...
— US GDP growth slowed to a 1.6% rate in the first quarter, well below expectations. — US new home sales surged in March despite elevate...