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federalreserve-072716.jpg The Federal Reserve on Wednesday held steady on interest rates but opened the possibility of a rate hike in September, noting that "near-term risks to the economic outlook have diminished." After expressing some jitters about the pace of economic growth earlier in the year, policy makers were encouraged...

As was widely expected, the Federal Reserve announced Wednesday it has decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent.

PendingHomeSales-072716.jpg Pending home sales in the U.S. rose by much less than expected in the month of June, the National Association of Realtors revealed in a report on Wednesday. NAR said its pending home sales index edged up by 0.2 percent to 111.0 in June after tumbling by 3.7 percent to 110.8 in May.

DurableGoodsOrders-072716.jpg New orders for U.S. manufactured durable goods fell by much more than expected in the month of June, according to a report released by the Commerce Department on Wednesday. The report said durable goods orders tumbled by 4.0 percent in June following a revised 2.8 percent decrease in May.

New orders for U.S. manufactured durable goods fell by much more than expected in the month of June, according to a report released by the Commerce Department on Wednesday.

A closely watched measure of consumer confidence showed Americans remain "cautiously optimistic" about the U.S. economy in July. The consumer confidence index was little changed this month, coming in at 97.3 compared to revised 97.4 in July, the Conference Board said Tuesday. Analysts expected a reading...

U.S. new home sales rose at the highest pace in seven years in June, prompted by attractive prices and exceedingly low interest rates. Sales rose 3.5 percent to a seasonally adjusted annual rate of 592,000, the Commerce Department said Tuesday, the strongest since February 2008. With upward revisions...

Home prices rose more than expected in May, according to a closely watched index of the measure. The S&P Case-Shiller 20-city index rose 1.2 percent for May. Economists had expected a more modest increase of around 0.4 percent.

LeadingIndicatorIndex-072116.jpg After reporting an unexpected decline in the previous month, the Conference Board released a report on Thursday showing a rebound by its index of leading U.S. economic indicators in the month of June.

ExistingHomeSales-072116.jpg Reflecting a greater share of sales to first-time buyers, the National Association of Realtors released a report on Thursday showing an unexpected increase in U.S. existing home sales in the month of June. NAR said existing home sales climbed 1.1 percent to an annual rate of 5.57 million.

Philadelphiafedmanufacturing-072116.jpg Philadelphia-area manufacturing activity unexpectedly contracted in the month of July, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday. The Philly Fed said its diffusion index of current activity dropped to a negative 2.9 in July from a positive 4.7 in June.

Joblessclaims-072116.jpg Initial jobless claims in the U.S. unexpectedly saw a slight drop in the week ended July 16th, according to a report released by the Labor Department on Thursday. The report said jobless claims edged down to 253,000, a decrease of 1,000 from the previous week's unrevised level of 254,000.

Philadelphia-area manufacturing activity unexpectedly contracted in the month of July, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday.

Initial jobless claims in the U.S. unexpectedly saw a slight drop in the week ended July 16th, according to a report released by the Labor Department on Thursday.

The International Monetary Fund on Tuesday trimmed its global economic growth outlook for this year and the next, warning that the surprise vote on Brexit has triggered a wave of uncertainty amid already-fragile business and consumer confidence. "The Brexit vote implies a substantial increase in economic,...

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