WASHINGTON (Reuters) – US retail sales fell for a third month in December as new measures to slow down the spread of COVID-19 triggered job losses, further evidence that the injured economy …
Read More »US weekly jobless claims jump on COVID-19, renewing supplemental payments
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits for the first time increased last week, confirming the weakening of the labor market’s status as a worsening COVID-19 epidemic. …
Read More »Impeachment helps remove chaos from impeachment
LONDON (Reuters) – Investors closed the second impeachment of US President Donald Trump’s record and focused instead on reports on Thursday that his replacement, Joe Biden, would later host a new US …
Read More »Gasoline raises US consumer prices, inflation remains benign
WASHINGTON (Reuters) – US consumer prices rose sharply in December amid rising gasoline costs, although underlying inflation persisted as the economy battled a raging COVID-19 epidemic that weighed on the labor market …
Read More »Asian equities achieve commodities recovery on economic recovery trade
By Stanley White, Chibuik Ough TOKYO / NEW YORK (Reuters) – Asian stocks rose on Wednesday, with hopes of tracking modest Wall Street gains, as a vaccine would eventually win the battle …
Read More »Stocks pause for breath as Bond Selloff
By Paulina Duran, Chibike Ogh SYDNEY / NEW YORK (Reuters) – Stocks breathed a sigh of relief on Tuesday, falling to record highs as political turmoil in Washington and rising cases of …
Read More »Trump ends his term like a growing number of Americans: out of job
(Reuters) – The final employment scorecard distributed on Friday during President Donald Trump’s administration handed Republicans to a politician no politician would envy: a position with fewer American jobs than when his …
Read More »US labor market recovery falter; Record of layoffs in 2020
WASHINGTON (Reuters) – The number of Americans filing a claim for the first time for the benefit of the unemployed unexpectedly plunged last week, while labor market recovery as a raging COVID-19 …
Read More »US labor market recovery falter; Record of layoffs in 2020
WASHINGTON (Reuters) – The number of Americans filing a claim for the first time for the benefit of the unemployed unexpectedly plunged last week, while labor market recovery as a raging COVID-19 …
Read More »The Fed sees rising bond yields, inflation expectations as a potential win
(Reuters) – Recent US bond yields and market inflation expectations have dented the expectations of Federal Reserve officials, with the central bank taking a new monetary policy outlook and if Democratic-led If …
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