economic-data News
US Jobless Claims Dip, But Rising Long-Term Aid Clouds Fed Outlook
Initial claims fell to 220,000, but continuing claims surged to their highest level in four years, presenting a mixed picture of the U.S. labor market.
U.S. Markets Face Turmoil as October Jobs Report Is Canceled
Bureau of Labor Statistics cites data collection failures, leaving the Federal Reserve without its most critical economic barometer ahead of a key policy meeting.
NY Manufacturing Index Surges to 17-Month High, Dampening Rate Cut Hopes
The New York Fed's Empire State index jumped to 18.7 in November, crushing estimates and suggesting unexpected economic resilience.
EU Cuts 2026 Growth Forecast, Citing US Trade Tariffs
The European Union lowered its 2026 GDP growth projection for the euro area to 1.2%, attributing the slowdown to escalating transatlantic trade tensions.
Retail Sector Eyes Stimulus Boost on $2,000 'Tariff Check' Proposal
Treasury Secretary's comments on payments for 'working families' spark hope for a consumer spending revival, but legislative hurdles and economic questions remain.
White House Wages War on 'Junk Fees' and Housing Costs
Administration's focus on consumer costs adds a new dimension to the Federal Reserve's ongoing battle against persistent inflation.
Trump Orders Major Rollback of Food Tariffs to Combat Inflation
Executive order reverses long-standing protectionist policy, aiming to lower grocery bills for American consumers by easing duties on key imports like beef and coffee.
US Small Business Optimism Dips to 6-Month Low Amid Sales Concerns
The NFIB index's decline highlights persistent pressures from weak sales and labor costs, signaling potential headwinds for the broader U.S. economy.