The Treasury Department announced the results of this month's auction of $13 billion worth of twenty-year bonds on Tuesday, revealing the sale attracted above average demand. The twenty-year bond auction drew a high yield of 4.927 percent and a bid-to-cover ratio of 2.75. Last month, the Treasury...
A report released by the Labor Department on Tuesday showed import prices in the U.S. shot up by much more than expected in the month of May. The Labor Department said import prices jumped by 1.9 percent in May after leaping by an upwardly revised 2.0 percent in April.
The Commerce Department released a report on Tuesday showing another steep drop in new residential construction in the U.S. in the month of May. The report said housing starts plunged by 15.4 percent to an annual rate of 1.177 million in May after tumbling by 8.5 percent to a revised rate of 1.392 million in April.
A report released by the Labor Department on Tuesday showed import prices in the U.S. shot up by much more than expected in the month of May. The Labor Department said import prices jumped by 1.9 percent in May after leaping by an upwardly revised 2.0 percent in April. Economists had expected import...
The Commerce Department released a report on Tuesday showing a steep drop in new residential construction in the U.S. in the month of May. The report said housing starts plummeted by 15.4 percent to an annual rate of 1.177 million in May after plunging by 8.5 percent to a revised rate of 1.392 million...
Homebuilder confidence has seen a modest deterioration in the month of June, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index dipped to 35 in June after jumping to 37 in May. Economists had expected the index to edge down to 36.
A report released by the Federal Reserve on Monday showed a modest increase in industrial production in the U.S. in the month of May. The Fed said industrial production crept up by 0.1 percent in May after climbing by an upwardly revised 0.9 percent in April. Economists had expected industrial production to rise by 0.2 percent.
After posting strong growth last month, New York manufacturing activity increased modestly in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index plunged to 5.7 in June after jumping to 19.6 in May, although a positive reading still indicates growth.
A report released by the Federal Reserve on Monday showed a modest increase in industrial production in the U.S. in the month of May. The Fed said industrial production crept up by 0.1 percent in May after climbing by an upwardly revised 0.9 percent in April. Economists had expected industrial...
After posting strong growth last month, New York manufacturing activity increased modestly in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index plunged to 5.7 in June after jumping to 19.6...
With consumers experiencing some relief due to the early-month easing in gasoline prices, the University of Michigan released a report on Friday showing a bigger than expected rebound in U.S. consumer sentiment in the month of June. The University of Michigan said its consumer sentiment index jumped to 48.9 in June after slumping to 44.8 in May. Economists had expected the index to rise to 46.0.
The persisting conflict in the Middle East and the closure of the Strait of Hormuz are expected to keep the global energy prices elevated this year with a 36 percent increase in the Brent crude oil prices, a new report from the World Bank said.
The Treasury Department finished off this week's series of announcements of the results of its long-term securities auctions on Thursday, revealing this month's auction of $22 billion worth of thirty-year bonds attracted below average demand. The thirty-year bond auction drew a high yield of 5.020...
Partly reflecting a continued spike in energy prices, the Labor Department released a report on Thursday showing a bigger than expected increase in U.S. producer prices in the month of May. The Labor Department said its producer price index for final demand shot up by 1.1 percent in May, matching a downwardly revised jump in April.
The Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended June 6th. The report said initial jobless claims crept up to 229,000, an increase of 4,000 from the previous week's unrevised level of 225,000. Economists had expected jobless claims to dip to 219,000.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.