U.S. Trade Deficit Widens In December
(RTTNews) - The Commerce Department released a report on Tuesday showing an increase in the size of the U.S. trade deficit in the month of December.
The report said the trade deficit widened to $67.4 billion in December from a revised $61.0 billion in November. Economists had expected the deficit to widen to $68.5 billion from the $61.5 billion originally reported for the previous month.
The increase in the size of the trade deficit came as the value of imports jumped by 1.3 percent to $317.6 billion, while the value of exports fell by 0.9 percent to $250.2 billion,
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U.S. Consumer Prices Climb 0.5% In January, More Than Expected
Consumer prices in the U.S. increased by more than expected in the month of January, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index advanced by 0.5 percent in January after climbing by 0.4 percent in December. Economists had expected consumer prices to rise by 0.3 percent.
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vor 10Std 26 Minuten
U.S. Consumer Prices Climb More Than Expected In January
Consumer prices in the U.S. increased by more than expected in the month of January, according to a report released by the Labor Department on Wednesday.
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vor 11Std 31 Minuten
Powell Reiterates Fed Doesn't 'Need To Be In A Hurry' To Lower Interest Rates
Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking Committee on Tuesday, reiterating his belief that the central bank does "not need to be in a hurry" to adjust its policy stance.
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vor 1 Tagen
U.S. Households' Longer Term Inflation Expectations Rise: NY Fed Survey
American households' expectations of inflation in five years increased in January, while their spending growth hopes fell to the lowest level in four years, results of a survey by the Federal Reserve Bank of New York showed on Monday.
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vor 2 Tagen
U.S. Wholesale Inventories Decrease In Line With Estimates In December
The Commerce Department released a report on Friday showing wholesale inventories in the U.S. decreased in line with economist estimates in the month of December.
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vor 5 Tagen
U.S. Consumer Sentiment Unexpectedly Slumps In February As Inflation Expectations Surge
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of February, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index slumped to 67.8 in February after rising to 71.1 in January. Economists had expected the index to inch up by to 72.0.
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vor 5 Tagen
U.S. Employment Climbs Less Than Expected In January
While the Labor Department released a report on Friday showing employment in the U.S. increased by less than expected in the month of January, the report also showed the unemployment rate unexpectedly edged slightly lower.
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vor 5 Tagen
U.S. Dollar Gives Back Ground But Remains Modestly Higher
After seeing some strength early in the day, the value of the U.S. dollar has given back ground over the course of trading on Thursday.
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vor 6 Tagen
