Business
US business activity edges lower; pricing power ebbs further
U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers.
appliance outlets
US retail sales rise less than expected in May
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
Business
US inflation trending lower; consumer spending strong in December
U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.
Brean Capital
US economy grows 5.2% in third quarter; higher interest rates sapping momentum
The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.
Anat Bracha
US jobs data may be miscounting millions of ‘gig’ workers, research suggests
Millions of “gig” workers may get missed every month in the U.S. government’s employment report.
Bureau of Labor Statistics
US weekly jobless claims at three-month high; import prices tumble
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.