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Gross domestic product in the U.S. increased by more than previously estimated in the fourth quarter of 2016, according to a report released by the Commerce Department on Thursday.

While the Labor Department released a report on Thursday showing a modest drop in first-time claims for U.S. unemployment benefits in the week ended March 25th, claims still came in above economist estimates.

A key official at the Federal Reserve sees interest rates rising at a anemic pace over the next two years. The Fed has projected two more rate increases in 2017, but Chicago Fed President Charles Evans thinks its possible that only one will be warranted. "My current dual mandate outlook allows...

pendinghomesls-032917.jpg After reporting a steep drop in U.S. pending home sales in the previous month, the National Association of Realtors released a report on Wednesday showing that pending sales rebounded by much more than expected in the month of February. NAR said its pending home sales index spiked by 5.5 percent to 112.3 in February from 106.4 in January.

ConsumerConfidence-032817.jpg Consumer confidence in the U.S. unexpectedly improved in the month of March, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index jumped to 125.6 in March from a revised 116.1 in February. The increase surprised economists, who...

Durablegoodsordr-032417.jpg Reflecting a continued increase in demand for commercial aircraft and parts, the Commerce Department released a report on Friday showing that new orders for U.S. manufactured durable goods shot up by more than anticipated in the month of February. The report said durable goods orders jumped by 1.7 percent.

Reflecting a continued increase in demand for commercial aircraft and parts, the Commerce Department released a report on Friday showing that new orders for U.S. manufactured durable goods shot up by more than anticipated in the month of February.

NewHomeSales-032317.jpg New home sales in the U.S. saw a substantial increase in the month of February, the Commerce Department revealed in a report on Thursday, with sales jumping to their highest level in seven months. The report said new home sales spiked by 6.1 percent to an annual rate of 592,000 in February.

joblessclaims-032317.jpg A report released by the Labor Department on Thursday showed an unexpected increase in first-time claims for U.S. unemployment benefits in the week ended March 18th. The report said initial jobless claims climbed to 258,000.

A report released by the Labor Department on Thursday showed an unexpected increase in first-time claims for U.S. unemployment benefits in the week ended March 18th.

ExistinghomeSales-032217.jpg Existing home sales in the U.S. saw a sharp pullback in the month of February, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales tumbled by 3.7 percent to an annual rate of 5.48 million in February.

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