U.S. unemployment rolls seen swelling as coronavirus restrictions bite
WASHINGTON (Reuters) – Millions more Americans likely sought unemployment benefits last week, suggesting a broadening of layoffs from consumer facing…
U.S. housing starts at 13-year high, factory output gains
WASHINGTON (Reuters) – U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the…
China’s November factory activity unexpectedly expands at quickest pace in almost three years: Caixin PMI
BEIJING (Reuters) – China’s factory activity unexpectedly expanded at the quickest pace in almost three years in November, with solid…
China’s factory activity unexpectedly returns to growth in November
BEIJING (Reuters) – Factory activity in China unexpectedly returned to growth in November for the first time in seven months,…
U.S. new home sales accelerate; lower mortgage rates a boost
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the…
U.S. economy slowing, but consumers limiting downside
WASHINGTON (Reuters) – U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer…