The Treasury Department on Thursday announced the details of this month's auctions of two-year, five-year and seven-year notes. The Treasury revealed plans to sell $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes. The results of...
A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators edged higher for the second straight month in May. The Conference Board said its leading economic index inched up by 0.1 percent in May after rising by 0.2 percent in April. The uptick matched economist estimates.
Philadelphia-area manufacturing activity expanded overall in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity shot up to a positive 10.3 in June from a negative 0.4 in May, with a positive reading indicating growth.
A report released by the Labor Department on Thursday showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended June 13th. The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week's revised level of 230,000. Economists had expected jobless claims to edge down to 225,000.
Philadelphia-area manufacturing activity expanded overall in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity shot up to a positive 10.3 in June from a negative 0.4 in May,...
A report released by the Labor Department on Thursday showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended June 13th. The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week's revised level of 230,000. Economists...
Following Kevin Warsh's first monetary policy meeting as Federal Reserve chairman, the central bank on Wednesday announced its widely expected decision to leave interest rates unchanged. The Fed said it decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent, citing its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.
Business inventories in the U.S. increased in line with economist estimates in the month of April, according to a report released by the Commerce Department on Wednesday. The Commerce Department business inventories climbed by 0.5 percent in April after jumping by an upwardly revised 1.0 percent in March.
A report released by the National Association of Realtors on Wednesday showed a substantial increase in pending home sales in the U.S. in the month of May. NAR said its pending home sales spiked by 3.8 percent to 76.8 in May after rising by 0.3 percent to a downwardly revised 74.0 in April. Economists had expected pending home sales to advance by 0.9 percent.
A report released by the Energy Information Administration on Wednesday showed crude oil inventories in the U.S. tumbled by much more than expected in the week ended June 12th. The EIA said crude oil inventories plunged by 8.3 million barrels last week after slumping by 7.2 million barrels in the...
Retail sales in the U.S. increased by much more than expected in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said retail sales grew by 0.9 percent in May after rising by a downwardly revised 0.4 percent in April. Economists had expected retail sales to climb by 0.5 percent.
Retail sales in the U.S. increased by much more than expected in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said retail sales grew by 0.9 percent in May after rising by a downwardly revised 0.4 percent in April. Economists had...
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.
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.