New York Manufacturing Index Unexpectedly Returns To Positive Territory

Fed's Beige Book Says U.S. Economic Activity Little Changed

Economic activity in the U.S. has shown little change since early September, according to the Federal Reserve's Beige Book.

RTTNews | 14 시간 46 분 전

U.S. Mortgage Applications Fall For Third Week: MBA

Mortgage applications for house purchase in the U.S. decreased for a third week in a row, survey results from the Mortgage Bankers Association showed on Wednesday. The market composite index, which measures the house purchase mortgage loan application volume, dropped a seasonally adjusted 1.8 percent in the week ended October 10 following a 4.7 percent decline in the previous week, results of th

RTTNews | 16 시간 19 분 전

New York Manufacturing Index Unexpectedly Indicates Growth In October

New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index surged to a positive 10.7 in October after plunging to a negative 8.7 in September, with a positive reading indicating growth.

RTTNews | 19 시간 13 분 전

IMF Raises Global Growth Forecast As Tariff Impact Less Severe Than Feared

The International Monetary Fund lifted the global growth forecast for this year and next as the impact of the trade tariffs has been less severe than initially expected but warned that the policy uncertainty remains high.

RTTNews | 1 일 전

U.S. Small Business Confidence Weakens For First Time In 3 Months: NFIB

Small business morale in the U.S. eroded for the first time in three months in September as business struggle with rising inflation, weaker sales outlook and labor shortage, survey data from the National Federation of Independent Business showed on Tuesday.

RTTNews | 1 일 전

Powell Reiterates There's 'No Risk-Free Path' As Fed Navigates Tension Between Dual Goals

Federal Reserve Chair Jerome Powell spoke at the 67th Annual Meeting of the National Association for Business Economics in Philadelphia on Tuesday but did not provide much fresh insight into the outlook for interest rates. Powell reiterated his belief that there is "no risk-free path" for monetary policy.

RTTNews | 1 일 전

U.S. Govt Has Started To Fire Federal Workers

The U.S. government has started to layoff federal employees, the Office of Management and Budget's chief Russell Vought said on the 10th day of the shutdown. In a post on the social media platform X, Vought said, "The RIFs have begun." RIF is an acronym for reduction in force.

RTTNews | 5 일 전

U.S. Consumer Sentiment Virtually Unchanged In October

A report released by the University of Michigan on Friday showed its reading on U.S. consumer sentiment was virtually unchanged in the month of October. The University of Michigan said its consumer sentiment index edged down to 55.0 in October from 55.1 in September. Economists had expected the index to slip to 54.2.

RTTNews | 5 일 전

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