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U.S. Trade Deficit Shrinks In February After Spiking To Record High
(RTTNews) - The Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed in the month of February after soaring to a record high in January.
The report said the trade deficit decreased to $122.7 billion in February after spiking to a revised $103.7 billion in January.
Economists had expected the trade deficit to fall to $123.5 billion from the $131.4 billion originally reported for the previous month.
The smaller trade deficit came as the value of exports surged by 2.9 percent to $278.5 billion, while the value of imports was virtually unchanged at $401.1 billion.
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U.S. Weekly Jobless Claims Inch Up To 223,000, In Line With Estimates
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits crept slightly higher in the week ended April 5th. The Labor Department said initial jobless claims inched up to 223,000, an increase of 4,000 from the previous week's unrevised level of 219,000. The uptick by initial jobless claims came in line economist estimates.
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vor 14 Minuten
U.S. Consumer Prices Unexpectedly Edge Down 0.1% In March
The Labor Department released a report on Thursday unexpectedly showing a slight decrease by U.S. consumer prices in the month of March. The report said the consumer price index edged down by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected consumer prices to inch up by 0.1 percent.
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vor 17 Minuten
U.S. Consumer Prices Unexpectedly Edge Lower In March
The Labor Department released a report on Thursday unexpectedly showing a slightly decrease by consumer prices in the U.S. in the month of March.
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vor 1Std 37 Minuten
U.S. Weekly Jobless Claims Inch Up In Line With Estimates
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits crept slightly higher in the week ended April 5th.
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vor 1Std 39 Minuten
Fed Minutes Reiterate 'Cautious Approach' To Future Interest Rate Decisions
Due to high uncertainty about the net effect of an array of government policies on the economic outlook, the minutes of the Federal Reserve's latest monetary policy revealed officials believe it remains appropriate to take a "cautious approach" to future interest rate decisions.
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vor 19Std 49 Minuten
U.S. Wholesale Inventories Rise In Line With Estimates In February
Wholesale inventories in the U.S. increased in line with economist estimates in the month of February, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories rose by 0.3 percent in February, matching the preliminary estimate as well as economist expectations. Wholesale inventories climbed by 0.8 percent in January.
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vor 23Std 37 Minuten
Powell Says Tariffs Likely To Lead To Higher Inflation, Slower Growth
Citing a highly uncertain outlook due in part to President Donald Trump's new tariffs, Federal Reserve Chair Jerome Powell on Friday indicated the central bank will wait for greater clarity before considering any adjustments to interest rates.
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vor 6 Tagen
U.S. Job Growth Far Exceeds Estimates In March
A closely watched report released by the Labor Department on Friday showed employment in the U.S. surged by much more than expected in the month of March. The Labor Department said non-farm payroll employment jumped by 228,000 jobs in March after climbing by a downwardly revised 117,000 jobs in February. Economists had expected employment to rise by 135,000 jobs.
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vor 6 Tagen
