BEIJING (Reuters) - As evidence mounts that China's economy is losing momentum, economists are fast abandoning their rosy recovery forecasts and bracing for what could be the country's slowest growth rate in 23 years.
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WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rose more than expected in April, a hopeful sign that a sharp slowdown in factory output could soon run its course.
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LONDON (Reuters) - A top Federal Reserve official said on Friday U.S. inflation would have to pick up before he voted to scale back monetary policy stimulus and that this was unlikely to happen in the coming month.
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Home buyers are paying more for newly built homes than they ever have, as U.S. home builders continue pushing up prices and limiting the number of properties hitting the market.
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Livemint | Jobs, housing data show economy has some muscle Reuters By Lucia Mutikani. WASHINGTON | Thu May 23, 2013 12:52pm EDT. WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by ... Jobless Claims in US Drop More Than ForecastBusinessweek Jobless Claims Fall to 340000Wall Street Journal Jobless claims fall, pointing to better MayCNN STLtoday.com -Voice of America -San Antonio Business Journal (blog) all 44 news articles » |
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LONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest pace since October, suggesting it may take a while before the global economy starts to pick up steam.
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(Reuters) - Sales of new single-family homes rose 2.3 percent in April, and prices climbed to record high levels, offering strong proof the sector's rebound trend is intact.
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LONDON (Reuters) - A senior central banker sought to give reassurance on Thursday that the Fed is in no hurry to start winding down its economic stimulus after comments by chairman Ben Bernanke sent stock markets tumbling.
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