Page 6 - Christopher Rupkey News Today

The 10-year Treasury yield hits a new, recent high … why Luke is paying more attention to earnings than valuations … the consumer remains strong … are we done with rate hikes?

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits fell to a nine-month low last week, sugges...

The number of Americans filing new claims for unemployment benefits fell to a nine-month low last week, indicating that strong job growth persisted in October as the labor market remains tight.

WASHINGTON (Reuters) -U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants and bars, cementing expectations that economic growth accelerated in the third quarter. Strong demand illustrated by the report from the Commerce Department on Tuesday, however, raises the risk of the Federal Reserve hiking interest rates in December. "The economy looks like it is getting used to the new normal of interest rates...

GM delays opening of electric truck factory, United forecasts lower profit after suspending Tel Aviv flights, and more

US single-family homebuilding rebounded in September, boosted by demand for new construction amid an acute housing shortage, but the highest mortgage rates in nearly 23 years could slow momentum and delay the overall housing market recovery.

A spike in U.S. Treasury yields which saw 10-year notes hit 4.80 percent dented stocks on Wall Street Tuesday.

Amid higher costs for energy products and food, U.S. producer prices increased more than expected in September

NEW YORK, Oct. 13 (Xinhua) -- The U.S. dollar gained in late trading on Friday, as U.S. consumer sentiment showed that households expected higher inflation over the next year.

The world faces its most “dangerous time” in decades, the boss of JP Morgan has warned as global conflicts combine with fragile economies.