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U.S. retail sales fell for the first time in seven months in October as motor vehicle purchases and spending on hobbies dropped, pointing to slowing demand at the start of the fourth quarter that further strengthened expectations the Federal Reserve is done hiking interest rates. Retail sales are mostly goods and are not adjusted for inflation.
WASHINGTON: US consumer prices were unchanged in October as Americans paid less for gasoline, and the annual rise in underlying inflation was the smallest in two years, bolstering the view that the...
The September jobs report was somewhat of a shocker, with a surprise 336,000 positions added — nearly double what economists had predicted. It more than surpassed the average monthly gain of 250,000 jobs from January to August of this year.
By Lucia Mutikani WASHINGTON (Reuters) - U.S. job openings increased in September, pointing to persistent labor market tightness that is supporting the ...
Amid increased household spending, U.S. retail sales rose more than expected in September, maintaining expectations that economic growth rapidly accelerated in the third quarter