US weekly jobless claims drop further below 500,000 The number of Americans filing new claims for unemployment benefits dropped further below 500,000 last week, suggesting job growth picked up this month, though companies … Business • 20 May 21
Walmart beats estimates on stimulus spending boost Walmart today raised its full-year earnings forecast and bettered estimates for same-store sales as it benefited from additional stimulus cheques that put more money in … Business • 18 May 21
US retail sales unchanged in April after March jump US retail sales unexpectedly stalled in April as the boost from stimulus checks faded, but an acceleration is likely in the coming months amid record … Business • 14 May 21
US weekly jobless claims fall, April producer prices up Fewer Americans filed new claims for unemployment benefits last week, as companies held on to their workers amid the growing labour shortage that helped to … Business • 13 May 21
US consumer prices post biggest gain in nearly 12 years US consumer prices increased by the most in nearly 12 years in April as booming demand amid a reopening economy pushed against supply constraints, which … Business • 12 May 21
US job growth far below expectations in April US employers hired far fewer workers than expected in April, likely frustrated by labour shortages, leaving them scrambling to met booming demand as the economy … Business • 07 May 21
US weekly jobless claims fall more than expected Fewer Americans filed new claims for unemployment benefits last week as the labour market recovery gains steam amid an economic boom, which is being fueled … Business • 06 May 21
US interest rates may have to rise if economy heats up US interest rates may have to increase "somewhat" to keep a lid on inflation if President Joe Biden's latest spending proposals are enacted and the … Business • 05 May 21
US economy accelerates in Q1, jobless claims fall US economic growth accelerated in the first quarter, boosted by massive government aid to households and businesses, charting the course for what is expected will … Business • 29 Apr 21
US weekly jobless claims decline further Fewer Americans filed new claims for unemployment benefits last week, suggesting layoffs were subsiding and strengthening expectations for another month of blockbuster job growth in … Business • 22 Apr 21
US retail sales surge as weekly jobless claims fall US retail sales rebounded sharply in March as Americans received additional pandemic relief checks from the government and increased vaccinations allowed broader economic re-engagement, cementing … Business • 15 Apr 21
US consumer prices see solid increase in March US consumer prices saw the biggest increase in more than eight and a half years in March and underlying inflation picked up as more parts … Business • 13 Apr 21
Fed members see inflation under control Most US central bankers viewed inflation as stable, but some are becoming more vocal about fears the Covid-19 pandemic will push prices higher, according to … Business • 08 Apr 21
US weekly jobless claims fall as Q4 growth revised up Fewer than expected Americans filed new claims for unemployment benefits last week as economic activity rebounds after weather-related disruptions in February. Business • 25 Mar 21
Yellen says US economy remains in crisis US Treasury Secretary Janet Yellen has said the US economy remains in crisis from the pandemic even as she defended developing plans for future tax … Business • 24 Mar 21
US weekly jobless claims see unexpected rise The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but the labour market is regaining its footing as an acceleration … Business • 18 Mar 21
US-driven global recovery could help lift others - Fed The US economy appears set to leave other developed markets in the dust this year with the largest annual growth spurt in decades, new Federal … Business • 18 Mar 21
US retail sales fell more than expected in February US retail sales fell more than expected in February amid bitterly cold weather across the country, but a rebound is likely as the government disburses … Business • 16 Mar 21
US job growth beats expectations in February US jobs increased more than expected in February amid falling new Covid-19 cases, quickening vaccination rates and additional pandemic relief money from the government. Business • 05 Mar 21
US weekly jobless claims increase less than expected The number of Americans filing new claims for unemployment benefits rose last week, likely boosted by brutal winter storms in the densely populated South in … Business • 04 Mar 21
US retail sales expected to jump on vaccine rollout US retail sales could rise as much as 8.2% to more than $4.33 trillion this year as more people get the Covid-19 vaccine and the … Business • 24 Feb 21
US weekly jobless claims unexpectedly rise The number of Americans filing first-time applications for unemployment benefits unexpectedly rose last week, but the labour market is steadily recovering as additional fiscal stimulus … Business • 18 Feb 21
US retail sales jump 5.3% in January US shoppers resumed spending in January, as retail sales spiked 5.3%, the first increase since September, according to government data today. Business • 17 Feb 21
US consumer prices rise modestly US consumer prices rose moderately in January as an increase in the cost of gasoline was blunted by a slump in airline fares, suggesting inflation … Business • 10 Feb 21
US job growth rebound less than expected in January US employment growth rebounded less than expected in January and job losses the previous month were deeper than initially thought, strengthening the argument for additional … Business • 05 Feb 21