United Kingdom

Lucia Mutikani

U.S. homebuilding near two-year low; permits extend decline

19 Apr 2019

WASHINGTON U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to struggle despite falling mortgage rates.

U.S. retail sales, labor market data paint upbeat economic picture

18 Apr 2019

WASHINGTON U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start. | Video

U.S. trade deficit hits eight-month low on weak Chinese imports

17 Apr 2019

WASHINGTON The U.S. trade deficit fell to an eight-month low in February as imports from China plunged, temporarily providing a boost to President Donald Trump's "America First" agenda and economic growth in the first quarter.

U.S. manufacturing mired in soft patch in first quarter

16 Apr 2019

WASHINGTON U.S. manufacturing output was unchanged in March after two straight monthly declines, resulting in the first quarterly drop in production since President Donald Trump was elected.

U.S. labor market strong; inflation pressures benign

11 Apr 2019

WASHINGTON The number of Americans filing applications for unemployment benefits dropped to a 49-1/2-year low last week, pointing to sustained labor market strength that could assuage fears the economy was rapidly losing momentum.

U.S. consumer prices rise solidly, but underlying trend tame

10 Apr 2019

WASHINGTON U.S. consumer prices increased by the most in 14 months in March, but the underlying inflation trend remained benign amid slowing domestic and global economic growth.

World News

Yellow vest demonstrators, police clash in Paris

Clashes broke out between dozens of demonstrators and police in Paris on the 23rd Saturday of yellow-vest protests after authorities warned that rioters could return to the French capital to spark a new wave of violence.