United Kingdom

Lucia Mutikani

U.S. job growth slows in November, monthly wage gains modest

07 Dec 2018

WASHINGTON U.S. job growth slowed in November and monthly wages increased less than forecast, suggesting some moderation in economic activity that could support expectations of fewer interest rate increases from the Federal Reserve in 2019. | Video

U.S. employment report seen calming fears over economy

07 Dec 2018

WASHINGTON U.S. companies likely maintained a solid pace of hiring in November while increasing wages for workers, suggesting the economy remains strong enough for the Federal Reserve to continue raising interest rates in 2019.

U.S. trade deficit hits 10-year high; job growth slowing

06 Dec 2018

WASHINGTON The U.S. trade deficit jumped to a 10-year high in October as soybean exports dropped further and imports of consumer goods rose to a record high, suggesting the Trump administration's tariff-related measures to shrink the trade gap likely have been ineffective.

U.S. consumer spending rises strongly, inflation moderates

29 Nov 2018

WASHINGTON U.S. consumer spending increased by the most in seven months in October, but underlying price pressures slowed, with an inflation measure tracked by the Federal Reserve posting its smallest annual increase since February.

U.S. third-quarter growth unrevised, headwinds increasing

28 Nov 2018

WASHINGTON The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the Trump administration's 3 percent target this year, even as momentum appears to have moderated further early in the fourth quarter.

U.S. Republican senators split with Trump over murdered Saudi journalist

25 Nov 2018

WASHINGTON Several U.S. Republican senators on Sunday rejected President Donald Trump's embrace of Saudi Arabia after the murder of Saudi journalist Jamal Khashoggi, with some lawmakers from his party saying Congress must take additional action.

U.S. business spending slowing; housing market weak

21 Nov 2018

WASHINGTON New orders for key U.S.-made capital goods were unexpectedly unchanged in October and shipments rebounded modestly, which could temper expectations of an acceleration in business spending on equipment early in the fourth quarter.

U.S. housing starts rise, but underlying trend weak

20 Nov 2018

WASHINGTON U.S. homebuilding rose in October amid a rebound in multi-family housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higher.

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