U.S. consumer spending rises modestly, inflation cools U.S. consumer spending rose modestly in May and inflation cooled, pointing to a slow-but-steady economic expansion that could still lead the Federal Reserve to raise interest rates by the end of the year. The data, released by the Commerce Department on Friday, bolstered […]
Daniel Silver
U.S. factory activity cools slightly; trend remains bullish U.S. factory activity cools slightly; trend remains bullish:- A measure of U.S. manufacturing activity retreated from a 2-1/2-year high in March amid a decline in production and an inventory drawdown, but a surge in factory jobs indicated that the sector's energy-led recovery […]
Strong U.S. job growth, rising wages set stage for Fed rate hike Strong U.S. job growth, rising wages set stage for Fed rate hike:- U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to […]
U.S. job growth seen accelerating in January, wages strong U.S. job growth seen accelerating in January, wages strong:- U.S. job growth likely accelerated in January, with wages expected to have increased steadily, suggesting a strong start for the Trump administration as it seeks to boost the economy and employment. Nonfarm […]
