US import prices rebound, but the underlying trend remains weak
Shipping containers are stacked on a ship docked at Yusen Terminals on Terminal Island at the Port of Los Angeles in Los Angeles, January 30, 2019. Mike Blake | Reuters U.S. import prices rebounded modestly in November and the underlying...
US weekly jobless claims race to a more than 2-year high
The number of Americans filing applications for unemployment benefits jumped to more than a two-year high last week, but that probably does not signal a pickup in layoffs as the claims data tends to be volatile in the period following...
US producer prices were unchanged in November; underlying inflation soft
A worker attaches a wiring harness to the chassis of an X model SUV at the BMW manufacturing facility in Greer, South Carolina, November 4, 2019. Charles Mostoller | Reuters U.S. producer prices were unexpectedly unchanged in November as increases...
‘Bond King’ Gundlach says a recession is ‘very unlikely’ in 2020
DoubleLine Capital CEO and Wall Street “Bond King” Jeffrey Gundlach is not worried about a possible recession in 2020 even though he doesn’t think China and the U.S. will get a trade deal done anytime soon. “We’ve never had a...
Bank of America CEO Brian Moynihan says confident consumers are spending 5.5% more this year
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America CEO Brian Moynihan said Wednesday the lender’s customers spent about 5.5% more this year over 2018, a bullish sign for the U.S. economy. “People are spending, and...
The Fed is expected to hold rates steady and vow to keep short-term lending markets stable
Federal Reserve Board Chairman Jerome Powell holds a news conference on October 30, 2019 in Washington, DC. ERIC BARADAT | AFP | Getty Images The Federal Reserve is expected to conclude its December meeting on Wednesday afternoon by signaling it’s...
US consumer prices increase more than expected in November
U.S. consumer prices rose more than expected in November, which could further support the Federal Reserve’s intention not to cut interest rates again in the near term after reducing borrowing costs three times this year. The Labor Department said on...
US productivity was weak in the third quarter, while labor costs were revised lower
U.S. worker productivity fell by the most in nearly four years in the third quarter, the government confirmed, while growth in unit labor costs was not as robust as initially thought. The Labor Department said on Tuesday nonfarm productivity, which...
The Fed will stay in hibernation until at least summer: CNBC survey
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the NABE annual meeting in Denver, Colorado, U.S., on Tuesday, Oct. 8, 2019. Daniel Brenner | Bloomberg | Getty Images Federal Reserve policymakers will go into hibernation for as much...
Jobs growth soars in November as payrolls surge by 266,000
The jobs market turned in a stellar performance in November, with nonfarm payrolls surging by 266,000 and the unemployment rate falling to 3.5%, according to Labor Department numbers released Friday. Those totals easily beat the Wall Street consensus. Economists surveyed...
Signal2forex.com - Best Forex robots and signals




