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...
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,...
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...
‘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...
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 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...
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...
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,...
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.,...
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...
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