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The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports rebounded and exports of goods dropped to a 10-month low amid cooling global demand and
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports...
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports...
The number of Americans filing new claims for unemployment benefits dropped to a nine-month low last week as the labor market remains resilient despite higher borrowing costs and mounting fears of a recession this year.
The surprise decline, reported by the Labor Department on Thursday, has raised cautious optimism that the US economy may skirt a recession or just experience a shallow and short downturn.