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U.S. Weekly Jobless Claims Unexpectedly Increase
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly saw a modest increase in the week ended January 27th, according to a report released by the Labor Department on Thursday.
The Labor Department said initial jobless claims rose to 224,000, an increase of 9,000 from the previous week's revised level of 215,000.
Economists had expected jobless claims to edge down to 212,000 from the 214,000 originally reported for the previous week.
The report said the less volatile four-week moving average also crept up to 207,750, an increase of 5,250 from the previous week's revised average of 202,500.
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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.
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1h 46phút trước
New York Manufacturing Index Unexpectedly Returns To Positive Territory
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.
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2h 50phút trước
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.
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18h 48phút trước
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.
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21h 39phút trước
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.
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22h 46phút trước
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.
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4 ngày trước
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.
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4 ngày trước
IMF Chief Georgieva Says World Economy Doing 'Better Than Feared'
Global economy is coping with shocks in a better-than-expected manner, but there is a risk that the resilience has not yet been fully tested, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday.
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6 ngày trước
