Economic News
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US unemployment claims dipped to 197,000 last week with layoffs remaining at historically low levels
US unemployment claims dipped to 197,000 last week with layoffs remaining at historically low levels
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Pandora opens $150 million Vietnam jewelry factory powered by renewable energy
Pandora has opened the world’s largest fine-jewelry crafting facility in Vietnam, powered entirely by renewable electricity and using 100% recycled gold and silver
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Survey by Japan's central bank shows business sentiments are up for sixth straight month
The Bank of Japan has given a positive read on the economy in its quarterly “tankan” survey, reporting large manufacturers’ sentiment rose to 24 from 22
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Iran indicates it received a US response on its war-ending proposal, with details still unclear
Iranian officials indicate they have received an official U.S. response to Tehran’s proposal to end the seven-month war
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Fed watchdog finds no crimes in $2.4B building renovation, only mismanagement
The Federal Reserve’s internal watchdog says that the central bank has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors
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Most US stocks fall after the bond market cranks the pressure higher
Most U.S. stocks fell as Wall Street contended with the downside of a U.S. economy that keeps powering through its many challenges
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US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate
The U.S. economy grew at a solid 2.2% pace from April through June as consumer spending and business investment came in strong
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Inflation cooled slightly last month even as consumers stepped up spending
Inflation slowed a bit last month as Americans ramped up their spending, though price gains remained elevated and are a challenge for many voters as the midterm elections approach
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Inflation cooled slightly last month even as consumers stepped up spending
Inflation cooled slightly last month even as consumers stepped up spending
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US economy grew at a solid 2.2% in the second quarter, government says in a sharp upgrade, on strong consumer spending
US economy grew at a solid 2.2% in the second quarter, government says in a sharp upgrade, on strong consumer spending
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