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U.S. retail sales decline in July signals consumer spending slowdown
U.S. retail sales fell 0.6% in July, the first drop in nine months, indicating a slowdown in consumer spending amid fading tax refunds and lower gasoline prices.
US producer prices steady in July as labor market remains stable
U.S. producer prices were unchanged in July with stable labor market conditions, supporting expectations that the Federal Reserve may hold interest rates steady.
US consumer inflation mild in July amid gas price declines
U.S. consumer inflation rose slightly in July with gas prices falling, easing pressure on the Federal Reserve's interest rate decisions amid economic uncertainty.
US job losses in July temper Federal Reserve rate hike expectations
The US economy shed jobs in july, lowering Federal Reserve rate hike expectations amid falling labor force participation and local government education job declines.
US labor market stable as productivity accelerates in second quarter
The US labor market remains stable with low layoffs while worker productivity grew faster than expected in the second quarter, easing labor cost pressures.
US economic growth slows in second quarter despite strong domestic demand
U.S. economic growth slowed to 1.5% in the second quarter amid trade deficit widening, but strong consumer spending and AI investment supported domestic demand.
US mortgage rates climb to near year high amid inflation and conflict
U.S. mortgage rates rose to near year highs last week as inflation pressures and U.S.-Iran conflict pushed Treasury yields higher, impacting home loan costs.
US core capital goods orders rise with largest shipment gain amid AI boom
US core capital goods orders and shipments surged in June, driven by ai investment, signaling strong economic growth despite geopolitical tensions.
US weekly jobless claims fall to lowest level since 1969
US weekly jobless claims dropped to the lowest level since 1969, signaling continued stability in the labor market amid inflation concerns.
US 30-year mortgage rate hits 11-month high amid inflation concerns
The 30-year fixed mortgage rate in the U.S. rose to 6.69%, the highest since last August, driven by inflation worries and rising oil prices.
US consumer inflation slows in June amid Middle East conflict risks
U.S. consumer inflation slowed more than expected in June as energy prices fell, but renewed Middle East conflict keeps rate hike risks alive for the Federal Reserve.
Fed report cites inflation rise from tariffs Iran War, AI buildout
The Federal Reserve reports inflation rose due to tariffs, the Iran war, and ai buildout, while labor market stabilizes and economic growth remains moderate.
