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newhomesales-022417.jpg After reporting a steep drop in U.S. new home sales in the previous month, the Commerce Department released a report on Friday showing that new home sales rebounded in the month of January. The report said new home sales climbed by 3.7 percent to an annual rate of 555,000.

joblessclaims-022317.jpg First-time claims for U.S. unemployment benefits saw a modest increase in the week ended February 18th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 244,000, an increase of 6,000 from the previous week's revised level of 238,000.

First-time claims for U.S. unemployment benefits saw a modest increase in the week ended February 18th, according to a report released by the Labor Department on Thursday.

Many policy makers on the Federal Reserve back an interest rate hike 'fairly soon' if economy stays on course or strengthens, according to the minutes of the central bank's most recent meeting. However, a number of Fed members said they want the central bank to go slow on raising rates, given uncertainties...

eistinghmesales-022217.jpg After reporting a drop in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Wednesday showing that existing home sales rebounded by more than expected in the month of January. NAR said existing home sales surged up by 3.3 percent to an annual rate of 5.69 million.

The Bank of International Settlements delayed the appointment of the Mexico's central bank chief at its helm, thus confirming press reports that the government asked him to remain at his current post amid an inflation surge and heightened uncertainty due to the protectionist policies of the U.S. President...

Economic growth in the developed economies showed in the fourth quarter, the Organization for Economic Cooperation and Development said Monday. Real GDP growth in the OECD area decelerated to 0.4 percent from 0.5 percent in the third quarter, provisional estimates showed. Among major seven economies,...

German Chancellor Angela Merkel said on Saturday that there was a "valuation problem" with the euro and it was beyond the influence of her government as monetary policy is set for the entire euro area that has 19 member states. Responding to reporters' questions at the Munich Security Conference,...

LeadingIndicatorIndex-021717.jpg Pointing to a positive economic outlook in the first half of the year, the Conference Board released a report on Friday showing a bigger than expected increase by its index of leading U.S. economic indicators in the month of January.

PhiladelphiaFed-021617.jpg A reading on Philadelphia-area manufacturing activity unexpectedly showed a substantial acceleration in the pace of growth in the month of February, 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 soared to 43.3 in February from 23.6 in January.

housingstarts-021617.jpg New residential construction in the U.S. pulled back in the month of January, according to a report released by the Commerce Department on Wednesday, although the report also showed a jump in building permits. The Commerce Department said housing starts fell by 2.6 percent to an annual rate of 1.246 million in January.

joblessclaims-021617.jpg A report released by the Labor Department on Thursday showed a slight increase in first-time claims for U.S. unemployment benefits in the week ended February 11th. The report said initial jobless claims edged up to 239,000, an increase of 5,000 from the previous week's unrevised level of 234,000.

A reading on Philadelphia-area manufacturing activity unexpectedly showed a substantial acceleration in the pace of growth in the month of February, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday.

New residential construction in the U.S. pulled back in the month of January, according to a report released by the Commerce Department on Wednesday. The Commerce Department said housing starts fell by 2.6 percent to an annual rate of 1.246 million in January.

A report released by the Labor Department on Thursday showed a modest uptick in first-time claims for U.S. unemployment benefits in the week ended February 11th.

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