Finance
US Home Sales See Monthly Rise, Annual Decline Amid Rate Pressure
U.S. home sales rose 1.5% in September from August but fell 2.2% year-over-year, as high mortgage rates and prices continue to stall...
#economic data 32 articles
Economy
Jobless Claims Hold Below 200,000 Despite Slight Weekly Rise
U.S. jobless aid applications remain historically low at 199,000, signaling strong job security. Despite a slight weekly uptick, layoffs are minimal.
Economy
Credit Card Debt Nears Record as Consumers Rely on Revolving Credit
U.S. consumer credit expanded in June, driven by a significant rebound in revolving debt, pushing credit card balances close to an all-time...
World Business
China’s Exports Dip in July, Advanced Products Drive Underlying Strength
China's exports experienced a slight deceleration in July, yet strong global demand for high-tech electronics and vehicles provided a significant offset, pushing...
Stocks
Indices Diverge: Dow Hits Record, S&P and Nasdaq Retreat on Economic Worries
U.S. stock indices closed mixed Wednesday; the Dow Jones Industrial Average reached a new all-time high, while the S&P 500 and Nasdaq...
Stocks
Dollar Rebounds Sharply on Strong ISM Manufacturing Data
The U.S. dollar recovered significantly on Monday, driven by a stronger-than-expected July ISM manufacturing index that hit a four-year high, reversing earlier...
Stocks
Amazon Propels Stocks Higher as S&P 500, Nasdaq 100 Reach 1-Week Highs
Major US stock indices closed higher, with Amazon.com surging over 15% to lead megacap technology stocks. This rally occurred despite stronger US...
Economy
US Jobless Claims Plunge to 187,000, Lowest Since 1969
US applications for jobless benefits tumbled to 187,000 last week, marking the lowest level in over five decades despite global economic uncertainty.
Economy
June Retail Sales Edge Up 0.2%, Driven by Cars and Online Buys
U.S. retail sales rose a modest 0.2% in June, but excluding gas, shoppers showed resilience, buying cars and boosting online sales. Falling...