Michigan consumer sentiment dips, falls short of expectations
The latest data on the Michigan Consumer Sentiment, a key indicator of the relative level of current and future economic conditions, has been released, revealing a decline in...
The latest data on the Michigan Consumer Sentiment, a key indicator of the relative level of current and future economic conditions, has been released, revealing a decline in...
The U.S. Producer Price Index (PPI), a leading indicator of consumer price inflation, remained flat in the latest data release, registering an actual figure of 0.0%. This key...
By Anant Chandak and Rahul Trivedi BENGALURU (Reuters) -Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and...
By Suban Abdulla LONDON (Reuters) - British public-sector employers now expect to raise pay faster than their private-sector counterparts for the first time since late 2020, after...
BEIJING (Reuters) -China's consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijing...
-- Chinese consumer price index inflation shrank in October as spending showed little signs of improving, while producer inflation also contracted as Beijing ramped up...
(Reuters) -Wall Street's main indexes closed lower on Thursday as investors looked to higher-than-expected inflation and unemployment claims for indications on the health of the U.S. economy and the path for interest rates. In a separate report released on Thursday, jobless claims also rose to 258,000 for the week ending Oct. 5, versus an estimate of 230,000. "Investors were torn between a stronger than expected CPI report and a weaker than expected unemployment claims report," said Jack Ablin, chief investment officer at Cresset Capital in Chicago.
The 30-year fixed-rate mortgage was 20 basis points higher than a week earlier when it averaged 6.12%, mortgage finance giant Freddie Mac said on Thursday. The reversal comes after mortgage rates declined steadily since May as investors geared up for the Fed to begin a rate-cutting cycle, which it began last month.
The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, revealing a significant increase in the amount of natural gas held in underground...
The latest data on Initial Jobless Claims reveals a concerning trend. The number of individuals filing for unemployment insurance for the first time in the past week has seen a...