economic-data News
US Services Index Rebounds, Hinting at Economic Resilience
The Kansas City Fed's services index jumped into expansion territory in December, but conflicting data from other regions complicates the Fed's path forward.
US Home Sales Rise for Third Straight Month as Rates Ease
November sales edged up 0.5% as lower mortgage rates provided a modest boost, though shrinking inventory levels pose a new challenge for buyers.
Record Beef Prices Fuel Inflation, Complicating Fed's Rate Cut Outlook
A surge in beef costs is keeping food inflation stubbornly high, presenting a significant challenge to the Federal Reserve's monetary policy path.
US Factory Gauge Unexpectedly Contracts, Fueling Growth Concerns
The Philadelphia Fed's manufacturing index slumped to -10.2 in December, widely missing forecasts and signaling a deepening downturn in factory activity.
US Stocks Rally as Inflation Cools, But Data Quirks Fuel Debate
November CPI rose a less-than-expected 2.7%, boosting Fed pivot hopes, yet statistical anomalies from a prior government shutdown have some investors urging caution.
Trump Adviser Floats 'Trump Accounts' Plan With Dalio, Dell Backing
Proposal by potential Treasury pick Scott Bessent would give newborns $1,000 to invest, aiming to create a new generation of equity owners.
US Retail Sales Stall, But Strong Core Data Reveals Consumer Resilience
Headline sales were unexpectedly flat in October, but a key underlying metric watched by economists showed surprising strength, complicating the outlook for the Fed.
Jobs Data Jolts Markets as Strong Growth Clouds Fed Rate Cut Path
The U.S. economy added 113,000 jobs in November, more than double estimates and challenging investor bets on imminent interest rate reductions.