Lucia Mutikani

Retail sales jumped 0.7 per cent last month, more than expected, and October’s sales were revised higher, consistent with the economy’s underlying momentum.

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new applications for jobless benefits fell more than expected last

By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased in November amid strong demand for a range of goods and

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.4% last month after a downwardly revised 0.3% gain in October, the Commerce Department's Bureau of Economic Analysis reported on Friday.

Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, rebounded 0.7% after dipping 0.1% in October

Lucia Mutikani 3 min read In This Article By Lucia Mutikani

U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year high pointed to elevated inflation, consistent with the Federal Reserve's projection for fewer interest rate cuts this year.

The rise in job openings occurred across the board, though it was mostly concentrated among small businesses.

WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, pointing to a stable labor market at the start of the year though some laid-off workers are experiencing difficulties finding new jobs.

Reuters By Lucia Mutikani WASHINGTON (Reuters) - U.S. single-family homebuilding increased to a 10-month high in December, indicating