Vince Golle

New York state factory activity contracted in April for a fifth straight month, while a measure of prices paid for materials climbed to the highest level in nearly a year.

US industrial production rose for a second month in March, boosted by a larger-than-expected increase in factory output as manufacturing shows further signs of stabilizing.

(Bloomberg) — U.S. industrial production rose for a second month in March, boosted by a larger-than-expected increase in factory output as manufacturing shows further signs of stabilizing.

US mortgage rates climbed to a four-month high last week, potentially signaling a bumpier recovery for the residential real estate market.

Federal Reserve Chair Jerome Powell signaled US central bankers will wait longer to cut borrowing costs following a series of surprisingly high inflation readings, which reduces room for easier policy around the world.

US business activity expanded in April at the slowest pace this year on a pullback in demand that led to the first decline in employment since 2020.

The surprisingly sharp downshift in US economic growth last quarter masked otherwise resilient household demand and business investment that helped generate faster inflation.

The surprisingly sharp downshift in US economic growth last quarter masked otherwise resilient household demand and business investment that helped generate faster inflation.

The Bank of Japan kept interest rates unchanged, driving the yen to a fresh 34-year low, while US inflation showed few signs of simmering down.

The Bank of Japan kept interest rates unchanged, driving the yen to a fresh 34-year low, while US inflation showed few signs of simmering down.