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Sales of previously owned homes slipped in December, hurt by a lack of available homes. The decline, which was slightly more than economists had predicted, took the figure off a multi-year high reached in the previous month.

The Markit 'flash' US Manufacturing Purchasing Managers' Index was 55.1 in January, up from 54.3 in December. Although the pace of job creation softened slightly, the U.S. manufacturing sector had a solid start to 2017. Overall operating conditions improved at the quickest pace for nearly two...

Phila-Fed-011917.jpg Philadelphia-area manufacturing activity unexpectedly grew at a faster pace in the month of January, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday. The Philly Fed said its index for current manufacturing activity in the region rose to 23.6 in January from a revised 19.7 in December.

Housingstarts-011917.jpg After reporting a steep drop in new U.S. residential construction in the previous month, the Commerce Department released a report on Thursday showing that housing starts saw a significant rebound in the month of December. The Commerce Department said housing starts jumped by 11.3 percent to an annual rate of 1.226 million in December.

Joblessclaims-011917.jpg First-time claims for U.S. unemployment benefits unexpectedly declined in the week ended January 14th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 234,000, a decrease of 15,000 from the previous week's revised level of 249,000.

First-time claims for U.S. unemployment benefits unexpectedly declined in the week ended January 14th, according to a report released by the Labor Department on Thursday.

Philadelphia-area manufacturing activity unexpectedly grew at a faster pace in the month of January, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday.

After reporting a steep drop in new U.S. residential construction in the previous month, the Commerce Department released a report on Thursday showing that housing starts showed a significant rebound in the month of December.

Federal Reserve Chair Janet Yellen says she expects rates to rise 'a few times a year' until end of 2019. While the Fed is close to its dual mandate of full employment and price stability, she cannot project the specific timing of another rate hike, Yellen told the Commonwealth Club in San Francisco,...

Economic growth continued at modest pace across most of the United States, but several districts report disappointing sales over holidays, the Federal Reserve's Beige Book said Wednesday. In a sign of changing consumer habits, reports in more than one District suggested that growth in e-commerce had...

NAHB-011817.jpg Homebuilder confidence in the U.S. saw a modest pullback in the month of January, according to a report released by the National Association of Home Builders on Wednesday. The report said the NAHB/Wells Fargo Housing Market Index dipped to 67 in January after jumping to 69 in December.

IndustrialProduction-011817.jpg After reporting a drop in U.S. industrial production in the previous month, the Federal Reserve released a report on Wednesday showing that production rebounded strongly in the month of December. The Fed said industrial production climbed by 0.8 percent in December after slumping by a revised 0.7 percent in November.

CPI-011817.jpg Consumer prices in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index rose by 0.3 percent in December after edging up by 0.2 percent in November.

Consumer prices in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Labor Department on Wednesday.

Governments must undertake fiscal and structural reforms to reduce the inequalities amid rising populist backlash, the International Monetary Fund Managing Director Christine Lagarde said Wednesday. Now there is an opportune time for policymakers to put in place policies that will help reduce inequalities,...

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