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Economic Report: Import prices rise in July on higher cost of oil, but not enough to stoke inflation worries
The cost of imported goods rose modestly in July after a big drop in the prior month, largely reflecting a rebound in oil prices. Yet imports still aren’t adding to U.S. inflation more broadly. The import price index rose 0.2% last month......»»
Factory pain spreads through Asia, Europe; stimulus expected
Factory activity contracted across Asia and Europe in July, fuelling worries a prolonged U.S.-China trade war and an economic slowdown could tilt the world toward recession, which central banks would have to fight with depleted ammunition......»»
Pricier grills but cheaper meat: how Trump"s trade policy plays on July 4
U.S. consumers likely paid more for grills to cook their Independence Day hot dogs and burgers this year because of the U.S.-China trade war, but they will find some consolation in less costly meat for cookouts as tariffs curb U.S. exports......»»
Economic Report: Consumer confidence in April rebounds close to 18-year high
Consumers confidence rebounded slightly in April with a small gain that put the index back near an 18-year high, suggesting the U.S. economy remains on sound footing despite fresh worries about trade tensions......»»
Consumers, soybeans lift U.S. economic growth to 4.1 percent
The U.S. economy grew at its fastest pace in nearly four years in the second quarter as consumers boosted spending and farmers rushed shipments of soybeans to China to beat retaliatory trade tariffs before they took effect in early July......»»
Economic Report: Consumers turning more pessimistic about wages, stocks, home prices, taxes
A monthly survey conducted on consumer expectations showed a notable pessimistic trend in July......»»
Economic Report: Consumers keep on spending in July, pushing key inflation gauge to 6-year high
Consumer spending rose sharply .....»»
U.S. retail sales barely rise; import prices drop
U.S. retail sales recorded their smallest gain in six months in August as consumers cut back on purchases of motor vehicles and clothing, but upward revisions to July data likely keep intact expectations of strong economic growth in the third quarter......»»
U.S. retail sales post smallest gain in six months
U.S. retail sales recorded their smallest gain in six months in August as consumers cut back on purchases of motor vehicles and clothing, but upward revisions to July data likely keep intact expectations of strong economic growth in the third quarter......»»
U.S. retail sales slow, but exhibit underlying strength
U.S. retail sales recorded their smallest gain in six months in August as consumers cut back on purchases of motor vehicles and clothing, but upward revisions to July data kept intact expectations of strong economic growth in the third quarter......»»
Trump administration policy to limit foreign investment could ensnare European defense contractors
A recent bill seeks to curb the economic influence of China and Russia. But Britain’s BAE worries the rule could interfere with its U.S. operations......»»
Wall Street opens higher on upbeat earnings
U.S. stocks rallied at the open on Friday, as upbeat corporate earnings helped curb worries about global economic growth, U.S. government shutdown and uncertainty around U.S.-China trade talks......»»
The stock market could still face a 10% correction even as the Fed nails a perfect "no landing" economic recovery, market vet says
"The US economy is still flying high. That's because consumers didn't get the recession memo," Ed Yardeni said. Are we in a bear or bull market? Here's how the.....»»
Jim Cramer Weighs In On Fed"s Interest Rate Cut Plans: "Don"t Hold Your Breath. This Economy Doesn"t Need Them"
Cramer referred to the current state of the country as an "economic miracle," encouraging investors to consider the potential landscape if the Federal Reserve were focused on job creation rather than maintaining high rates to curb growth. read more.....»»
Market Snapshot: Dow ends up nearly 200 points, stocks snap 3-day skid on brighter economic data
Stocks close higher Thursday, as upbeat economic data helps investors shake off worries that a pickup in inflation could force the Federal Reserve to begin reining in its accommodative monetary policy sooner than expected......»»
Economic Preview: Jobs are coming back as the U.S. economy speeds up and the coronavirus wanes
Consumers flush with stimulus money are spending like mad and businesses are rushing to keep up by pumping out more goods and services. So don't be shocked if the U.S. adds millions of new jobs in the next several months......»»
Futures Movers: Oil ends lower on renewed global growth fears, but tallies a monthly gain
Oil futures finish lower on Friday, with weakness tied to some worries over the global economic outlook, but prices tallied weekly, as well as monthly gains......»»
Economic Report: Consumer spending soars in March after Americans get $1,400 stimulus checks
Consumers splurged on new cars, recreational goods and takeout food in March after most Americans received $1,400 government stimulus checks, giving a big shot in the arm to an economy still recovering from the coronavirus pandemic......»»
Biden’s economy shows strength, but recovery is far from complete
The American Rescue Plan stimulus package and broad economic optimism have helped businesses and consumers, but many Americans are still jobless......»»
Market Snapshot: U.S. stocks slip on COVID worries; Netflix weighs on Nasdaq
U.S. stocks were slightly lower early Wednesday as rising COVID-19 infections around the world contribute to worries over global economic growth, while the Nasdaq saw pressure after Netflix Inc. reported disappointing subscriber numbers......»»