U.S. employers added 50,000 jobs in December as hiring slowed
The unemployment rate slipped to 4.4%, but downward revisions showed weaker job growth in October and November than first reported...
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Section
Economy
Mortgage applications fell over the holiday period despite lower rates
MBA said mortgage applications dropped 9.7% over two weeks, even as the average 30-year conforming mortgage rate slipped to 6.25%.
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October housing starts slipped to a 1.246 million annual pace
Calculated Risk said total housing starts were 7.8% lower than a year earlier, while multifamily construction remained ahead year...
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US light vehicle sales rose to 16.0 million annualized pace in December
BEA data showed December light vehicle sales up from November, while the annualized rate remained below the level from a year earl...
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Early local housing data show December sales uptick
Calculated Risk said early reporting markets posted a 2.5% year-over-year sales gain after a sharp November decline.
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Cheaper gas helped revive July travel demand, Hostfully index shows
Hostfully’s July index rose sharply as gas fell below $4, sentiment improved and AAA projected record July 4 travel, pointing to s...
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Trade deficit and jobless claims set up Thursday’s data test
Investors were watching two 8:30 a.m. ET releases: November trade balance data and weekly unemployment claims.
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US weekly jobless claims rise to 208,000
Initial unemployment claims increased by 8,000 in the week ended Jan. 3, while the four-week average fell to its lowest level sinc...
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MyExpatTaxes launches planning service for Americans abroad
MyExpatPlanning targets U.S. expats making investment, work and retirement decisions before those choices show up on a tax return.
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Burnham faces early North Sea oil test as UK energy risks rise
The likely next UK prime minister is under pressure to pick a course on North Sea drilling as oil supply worries collide with clim...
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Fed’s core inflation measure rises to 3.4% in May
The Commerce Department said core PCE rose 0.3% in May and 3.4% from a year earlier, keeping pressure on the Fed as spending and i...
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Hormuz shipping rebounds after U.S.-Iran deal, but risks keep insurers wary
Traffic through the Strait of Hormuz has picked up after a truce, but a new cargo ship attack has kept shipowners cautious.
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