USD Forex News
Chicago Business Barometer Unexpectedly Indicates Faster Contraction In May
Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of May, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer fell to 35.4 in May from 37.9 in April, with a reading below 50 indicating contraction. Economists had expected the business barometer to rise to 41.0.
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1 day ago
U.S. Consumer Prices Rise In Line With Estimates, Core Prices Edge Up Less Than Expected
A highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of April, although core consumer prices edged up by slightly less than expected.
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1 day ago
U.S. Consumer Prices Increase In Line With Estimates In April
A highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of April, although core consumer prices edged up by slightly less than expected.
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1 day ago
U.S. Pending Home Sales Pull Back Much More Than Expected In April
A report released by the National Association of Realtors on Thursday showed a sharp pullback by pending home sales in the U.S. in the month of April. NAR said its pending home sales index plunged by 7.7 percent to 72.3 in April after spiking by 3.6 percent to an upwardly revised 78.3 in March. Economists had expected pending home sales to decrease by 0.6 percent.
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2 days ago
U.S. Weekly Jobless Claims Show Modest Increase
First-time claims for U.S. unemployment benefits crept modestly higher in the week ended May 25th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 219,000, an increase of 3,000 from the previous week's revised level of 216,000. Economists had expected jobless claims to inch up to 218,000.
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2 days ago
U.S. GDP Growth Slows More Than Previously Estimated In Q1
Revised data released by the Commerce Department on Thursday showed U.S. economic growth slowed by more than previously estimated in the first quarter of 2024. The Commerce Department said gross domestic product climbed by 1.3 percent in the first quarter compared to the previously reported 1.6 percent jump.
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2 days ago
U.S. GDP Climbs Less Than Previously Estimated In Q1
Revised data released by the Commerce Department on Thursday showed U.S. economic growth slowed by more than previously estimated in the first quarter of 2024.
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2 days ago
U.S. Weekly Jobless Claims Inch Up To 219,000
First-time claims for U.S. unemployment benefits crept modestly higher in the week ended May 25th, according to a report released by the Labor Department on Thursday.
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2 days ago
Fed's Beige Book Says U.S. Economy Continued To Expand, Prices Rose Modestly
U.S. economic activity continued to expand from early April to mid-May, according to the Federal Reserve's Beige Book, although conditions varied across industries and districts. The report also said prices increased at a modest pace over the reporting period and are expected to continue to grow at a modest pace in the near term.
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3 days ago
U.S. Mortgage Applications Pulled Back Sharply Last Week
The Mortgage Bankers Association released a report on Wednesday showing a sharp pullback by U.S. mortgage applications in the week ended May 24th.
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3 days ago
