US weekly jobless claims increase amid Omicron surge The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, likely as a winter wave of Covid-19 infections disrupted business activity, … Business • 20 Jan
US retail sales plunge in December US retail sales tumbled in December as Americans struggled with shortages of goods and an explosion of Covid-19 infections, but that will likely not change … Business • 14 Jan
US weekly jobless claims unexpectedly rise The number of Americans filing new claims for unemployment benefits unexpectedly rose in the first week of January amid raging Covid-19 infections, but remained at … Business • 13 Jan
US consumer inflation soars to new 40-year high US consumer prices rose solidly in December, with the annual increase in inflation the largest in nearly four decades, which could bolster expectations that the … Business • 12 Jan
US weekly jobless claims increase moderately The number of Americans filing new claims for unemployment benefits rose last week and could increase further in the coming weeks amid disruptions from soaring … Business • 06 Jan
US weekly jobless claims fall in Christmas week The number of Americans filing new claims for unemployment benefits fell last week, the Labor Department said today. Business • 30 Dec 21
US weekly jobless claims hold below pre-Covid levels The number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week, while consumer spending increased solidly, putting the economy on … Business • 23 Dec 21
Biden holding meeting on supply chain issues US President Joe Biden is convening a meeting of US officials and private sector companies, including FedEx, to talk about ongoing efforts to address supply … Business • 22 Dec 21
US third-quarter economic growth revised higher US economic growth slowed sharply in the third quarter amid a flare-up in Covid-19 infections, the government confirmed today, but activity has since picked up, … Business • 22 Dec 21
US retail sales miss expectations in November US retail sales increased less than expected in November, likely payback after surging in the prior month as Americans started their Christmas shopping early to … Business • 15 Dec 21
US weekly jobless claims lowest in more than 52 years The number of Americans filing new claims for unemployment benefits dropped to the lowest level in more than 52 years last week as labour market … Business • 09 Dec 21
US job openings jump to 11 million in October US job openings surged in October, suggesting a recent moderation in employment growth was because of a shortage of workers rather than ebbing demand. Business • 08 Dec 21
US gained just 210,000 jobs in November The United States added just 210,000 jobs last month, the government reported Friday, less than half the increase analysts were expecting, raising questions about the … Business • 03 Dec 21
US jobless claims at 52-year low, Q3 growth revised up The number of Americans filing new claims for unemployment benefits fell to their lowest level since 1969 last week, pointing to sustained strength in the … Business • 24 Nov 21
US weekly jobless claims drop to 52-year low The number of Americans filing new claims for unemployment benefits fell to their lowest level since 1969 last week, pointing to sustained strength in the … Business • 24 Nov 21
Gold slides to near 3-week low Gold prices slipped to a near three-week low today, as the renomination of US Federal Reserve Chair Jerome Powell fuelled bets of faster interest rate … Business • 23 Nov 21
Biden taps Powell for second term as Fed chair US Federal Reserve Chair Jerome Powell has been nominated for a second four-year term by President Joe Biden today. Business • 22 Nov 21
US weekly jobless claims near pre-pandemic levels The number of Americans filing new claims for unemployment benefits fell close to pre-pandemic levels last week as the labour market recovery continues, though a … Business • 18 Nov 21
US consumer prices surge on higher fuel, food costs US consumer prices increased more than expected in October as the cost of petrol and food surged, leading to the biggest annual gain since 1990. Business • 10 Nov 21
US job growth picks up in October as jobless rate falls US employment increased more than expected in October as the headwind from the surge in Covid-19 infections over the summer subsided, offering more evidence that … Business • 05 Nov 21
US Federal Reserve pulls back on stimulus The US Federal Reserve has said it will start reducing the pace of its stimulus bond purchases later this month as the US economy makes … Business • 04 Nov 21
US economy slows sharply in third quarter The US economy grew at its slowest pace in more than a year in the third quarter as Covid-19 infections flared up, further straining global … Business • 28 Oct 21
US weekly jobless claims drop to 19-month low The number of Americans filing new claims for unemployment benefits dropped to a 19-month low last week, pointing to a tightening labour market, though a … Business • 21 Oct 21
US retail sales unexpectedly rise in September US retail sales unexpectedly increased in September, but there are fears that supply constraints could disrupt the holiday shopping season amid continued shortages of motor … Business • 15 Oct 21
US jobless claims dip below 300,000 New applications for US unemployment benefits dipped below 300,000 last week for the first time since Covid-19 sent them skyrocketing into the millions early last … Business • 14 Oct 21
