Unbiased AI-powered news
60 stories related to this topic, newest first.
abcnews.go.comApplications for unemployment benefits declined by 2,000 from the prior week. The Labor Department reported the figure Thursday.
japantimes.co.jpJapan's nominal wages increased 3.2 percent in May from a year earlier. Average cash earnings for regular employees reached 311,165 yen. Growth marked the longest stretch above 3 percent since 1992.
abcnews.go.comMajor Asian equity benchmarks advanced on Friday after the Dow Jones Industrial Average closed at a new high. Gains were led by memory chip makers while some other semiconductor stocks extended losses.
Nonfarm payrolls rose 57,000 last month while the unemployment rate edged down to 4.2 percent. Average hourly earnings increased 0.3 percent for the month and 3.5 percent over the year.
U.S. equity indexes posted gains on Tuesday while futures pointed to a modest advance for the Australian sharemarket. The S&P 500 rose 0.8 percent, the Dow Jones gained 140 points, and the Nasdaq composite climbed 1.4 percent.
americanbanker.comSingle-family home values increased 0.8 percent nationally in April from a year earlier, according to the S&P Cotality Case-Shiller Index. Chicago posted the largest metro gain at 6.5 percent while Seattle recorded the steepest decline at 2.3 percent.
rismedia.comThe monthly supply of new single-family homes rose one month in May to 10.3 months. The reading is the highest since February 2009 and exceeds the long-term median of roughly six months.
news.sky.comApprovals fell short of the 63,000 estimate and the prior 65,900 reading. Net lending on dwellings and consumer credit also came in below expectations.
citizen.co.zaSurvey data released for May showed one-year consumer price expectations in the euro area declined more than forecast. Three-year expectations edged lower from the prior reading.
insurancejournal.comThe index increased to 85.6 points in June, slightly above the 85.5 forecast. Officials cited reduced uncertainty tied to U.S.-Iran peace talks.
Britain marks the tenth anniversary of its 2016 referendum to leave the European Union amid another prime ministerial transition. The country has seen six leadership changes in the decade since the vote.
BenzingaU.S. stocks closed mixed Tuesday as the Dow Jones index reached a record high amid falling oil prices. The Nasdaq declined more than 1 percent while investor sentiment remained in the fear zone.
The National Federation of Independent Business optimism index declined 0.6 points in May to 95.3. The reading erased nearly all gains recorded after the November 2024 election.
financialpost.comForward-looking investor confidence in Germany exceeded expectations this month while the current-conditions gauge declined, according to @LiveSquawk reported data.
Substrate placeholder — needs reviewUniversity of Michigan survey data showed consumer sentiment improved in June after gasoline prices eased. Attitudes remained near record lows despite the monthly gain.
cnbc.comThe three-month correlation between the 10-year Treasury yield and the S&P 500 has reached -0.62. This marks the lowest level recorded in at least 15 years.
dailywire.comPayrolls rose more than expected while unemployment stayed at 4.3 percent. Upward revisions lifted March and April figures. First-quarter GDP growth stood at 1.6 percent.
Substrate placeholder — needs reviewNegotiations between the United States and Iran remain stalled after weeks of reported progress. Missile and drone exchanges have resumed even as officials described a potential agreement as imminent.
ibtimes.co.ukThe Bureau of Labor Statistics reported a sharp increase in available positions for April. Hiring declined while layoffs and quits also fell.
foxbusiness.comThe S&P Cotality Case-Shiller index showed a 0.16 percent monthly decline in home prices across the 20 largest U.S. cities in March. Year-over-year growth slowed to 0.83 percent, the weakest annual pace since July 2023.
thehindubusinessline.comThe Manufacturing PMI input prices index rose to 80 points in May, the highest level since mid-2022. The index has increased 18 points since February.
The S&P 500 has increased 130 percent in the past six years while a consumer sentiment index reached its lowest level since 1952. The data show a widening gap between equity market performance and household confidence measures.
upi.comMajor U.S. stock indexes have posted gains since the start of the current presidential term. The Nasdaq, Russell 2000, S&P 500, and Dow Jones Industrial Average each recorded double-digit increases.
ibtimes.co.ukA survey by S&P Global showed U.S. manufacturing activity rose to its highest level in four years during May. The increase was driven by stronger new orders and production.
New York PostThe United States exceeds China in total GDP, energy production, food exports, and military capabilities according to historical comparisons. China has four times the U.S. population yet produces about 60 percent of American GDP. U.S. advantages also include larger nuclear forces…
thehindu.comPreliminary May data showed U.S. manufacturing activity rising to a 48-month high while services activity fell to a two-month low. The mixed results follow weaker readings from Japan and Europe.
prnewswire.comThe preliminary S&P Global PMI Composite reading for Australia dropped to 47.8 in May from 50.4 the previous month. Manufacturing and services sectors both recorded lower readings than in April.
SemaforA Gallup poll released May 18, 2026, shows 25 percent of Americans use installment plans when buying online. The share rises to 37 percent among lower-income households and 46 percent among those who say they lack enough money to live comfortably.
financialpost.comRegistered Agents reported 624,915 new companies in March, an all-time high for a single month. April saw 560,194 formations, a 9% increase from the prior year, even as consumer sentiment fell to levels last seen in 2022 amid 3.8% CPI inflation.
Seasonally adjusted median house prices declined 0.5 percent in April from the prior month. They slipped 0.6 percent from the same month a year earlier. The Real Estate Institute of New Zealand released the figures on Thursday.
dutchnews.nlU.S. beer, malt beverage and cider volumes declined 6.3 percent year over year through the week ending May 2, according to Nielsen-tracked data. The drop was sharper than the 3 percent decline seen between November and mid-April. Higher gasoline prices, which have risen about 52…
winnipegfreepress.comThe producer price index for final demand increased 6 percent in April compared to the same month a year earlier, according to data released on Wednesday. The rise adds to measures of price pressures at the wholesale level. Officials track the index as an indicator of potential c…
Mortgage applications increased after declining in the prior week, according to data released Wednesday. The 30-year mortgage rate edged higher to 6.46 percent. The figures come as the housing market continues to adjust to elevated borrowing costs.
marketpulse.comThe U.S. Consumer Price Index increased 3.8 percent in the 12 months through April 2026, up from 3.3 percent in March. The data show inflation accelerated in the first four months of 2026 after holding near 2.4 percent earlier in the year. The figures come from the latest monthly…
themandarin.com.auHigher-income households saw after-tax wage growth of 6 percent year-over-year in April while lower-income households experienced only 1.5 percent growth that barely offset rising gas costs, according to Bank of America Institute data. Overall consumer credit and debit card spend…
finance.yahoo.comThe ZEW survey for May showed economic expectations rising to -10.2 from -17.2 in April, beating forecasts of -19.5. The assessment of the current economic situation fell to -77.8 from -73.7. The figures come as analysts monitor Germany's economic performance amid broader Europea…
Total farm tractor sales in the United States declined to 19,914 units in April 2026 from 22,442 units a year earlier. Four-wheel-drive tractor sales dropped sharply while self-propelled combine sales rose slightly. Year-to-date sales through April also declined compared with the…
foxnews.comThe University of Michigan Consumer Sentiment Index declined 1.7 points in May to 48.2, the lowest reading on record. Current economic conditions fell 4.7 points to 47.8, also a record low. The index now stands 13 percent below its low during the 2008 financial crisis.
cicnews.comNonfarm payrolls increased by more than forecast in April while the unemployment rate remained at 4.3%. The data indicates continued strength in the labor market. The figures support expectations that the Federal Reserve will maintain current interest rates for the near term.
finance.yahoo.comU.S. employers added 115,000 nonfarm jobs in April, exceeding economists' expectations of 65,000 but falling short of the previous month's revised total. The unemployment rate held steady at 4.3 percent while wage growth moderated. Private payrolls increased by 123,000 and govern…
Substrate placeholder — needs reviewThe U.S. Securities and Exchange Commission on Tuesday announced a proposed rule allowing semiannual reports to satisfy interim obligations under federal securities laws. SEC Chairman Paul S. Atkins said current rules prevent companies and investors from choosing the reporting fr…
order-order.comBrazil's FGV IGP-DI inflation index rose 0.78 percent year-over-year in April, slightly above the 0.75 percent consensus estimate. The monthly reading climbed 2.41 percent, matching forecasts and accelerating from 1.14 percent in March. The data mark a reversal from the negative…
BenzingaThe S&P 500 and Nasdaq posted their highest daily and weekly closes in history on Friday, driven by gains in technology and semiconductor stocks. A stronger-than-expected U.S. jobs report boosted investor sentiment even as inflation has returned and the labor market shows signs o…
U.S. employers announced 83,387 job cuts in April, a 38% increase from March, according to a report from Challenger, Gray & Christmas. Technology companies led the announcements with AI-driven reductions, while hiring plans fell sharply by 69% from the prior month. Year-to-date c…
benzinga.comMcDonald's Corp. posted gains in earnings and sales while US Foods Holding Corp. delivered disappointing results. U.S. construction spending, labor productivity and jobless claims data arrived as major stock indexes fell on Thursday, with the Dow Jones closing at 49,596.97.
nippon.comThe S&P Global composite purchasing managers' index for Japan edged down to 52.2 in final April data from 52.4 the prior month. The services PMI also declined slightly to 51.0 from 51.2. Both readings remained above the 50 threshold that separates expansion from contraction.
Total U.S. consumer credit increased by the largest amount since late 2022 in March. The gain was driven by a surge in non-revolving credit along with higher credit-card balances. The Federal Reserve releases the consumer credit report monthly.
saastr.comU.S. companies are reporting first-quarter earnings that exceed consensus estimates across all metrics. S&P 500 earnings growth is projected to rise from 13.4 percent in the fourth quarter to 24.6 percent. Deutsche Bank raised its 2026 earnings-per-share forecast from $320 to $34…
The median sales price for a new single-family home dropped $21,600 month-over-month to $387,400 in March, the lowest level since July 2021. The decline marked the largest monthly drop since November 2024. After inflation adjustment, the real median price reached its lowest point…
SemaforDisney reported healthy demand at its parks and resorts. Uber's CEO said spending on rides and delivery orders remains strong with no signs of weakening. The reports come as gasoline prices rise and follow a government estimate showing slowing consumer spending in the first quart…
ibtimes.co.ukADP reported that private payrolls increased by 109,000 in April, exceeding forecasts. ADP Chief Economist Nela Richardson highlighted emerging strength across sectors. CNBC’s Steve Liesman and Richardson discussed the data on 'Squawk Box'.
riotimesonline.comThe S&P Global Brazil Services PMI increased to 52.4 in April from 50.1 in March, indicating expansion in the services sector. The Composite PMI also rose to 52.4 from 49.9 the previous month. Both readings point to a return to growth after March's contraction in the composite in…
Substrate placeholder — needs reviewMortgage applications declined for the second straight week as the average 30-year rate rose to 6.45%. The drop came after a 1.6% decline the previous week, according to data reported by @LiveSquawk.
dnaindia.comThe ratio of U.S. leading to coincident economic indicators has dropped to 0.84, a level last seen during the 2008 financial crisis. This follows a 0.6% monthly decline in the Leading Economic Index for March. The Conference Board reported the data, noting the ratio's fifth conse…
usatoday.comA growing share of young adults in the UK are living with their parents, with 35% of men and 22% of women aged 20-35 doing so. The rates have been increasing for both groups. The data comes from BBC reporting shared by @unusual_whales.
under30ceo.comThe S&P 500 and Nasdaq closed at new record highs on May 1, 2026, amid strong weekly gains and a surge in semiconductor stocks. Investors anticipate key labor market data, including the April jobs report expected to show 60,000 jobs added, and earnings from companies like Advance…
insidermonkey.comThe S&P 500 closed at a record high after its strongest monthly performance since 2020. E-commerce mergers and acquisitions surged in 2025 alongside record holiday online spending fueled by buy-now-pay-later services. Consumer sentiment remains low amid above-target inflation, sl…
nbcnews.comThe number of Americans filing for unemployment benefits fell to 189,000 last week, a decrease of 26,000 from the prior week. This figure came in below analysts' expectations of 214,000. The data reflects ongoing strength in the U.S. job market despite broader economic pressures.
BloombergSamsung Electronics reported a sharp increase in DRAM prices due to demand exceeding supply, as Google leads Big Tech in aggressive AI infrastructure investments projected to reach $725 billion industry-wide. Geopolitical tensions rise with CENTCOM planning strikes on Iranian inf…
ibtimes.co.ukJapan's nationwide consumer price index rose to 1.5% year-over-year in March, exceeding the forecast of 1.4%. The core CPI increased to 1.8%, also surpassing expectations. These figures aligned with government survey expectations and showed a slight increase from prior levels.