Housing sector turning the corner; jobs market firming
WASHINGTON (Reuters) - U.S. home resales rose in April and the supply of properties on the market hit its highest level in nearly two years, hopeful signs for the stalled...
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Sturdy U.S. wholesale stocks data may temper downward GDP revision
WASHINGTON (Reuters) - A big rise in U.S. wholesale inventories in March is likely to temper an expected downward revision to the government's estimate of first quarter economic growth, but...
U.S. economy to see faster growth after winter freeze: OECD
WASHINGTON (Reuters) - U.S. economic growth is set to rebound strongly in the second quarter as the scars of a brutally cold winter fade, but inflation pressures will remain tame...
Obamacare puts a floor under U.S. economy in first quarter
WASHINGTON (Reuters) - As the U.S. economy teetered on the brink of contraction in the first quarter, one thing stood out. Healthcare spending increased at its fastest pace in more...
Obamacare puts a floor under U.S. economy in first quarter
WASHINGTON (Reuters) - As the U.S. economy teetered on the brink of contraction in the first quarter, one thing stood out. Healthcare spending increased at its fastest pace in more...
Spring expected to usher in strong U.S. job growth
WASHINGTON (Reuters) - U.S. employment likely rose at its fastest clip in five months in April and the jobless rate probably dropped in a show of strong economic momentum after...
Bullish U.S. retail sales brighten growth outlook
WASHINGTON (Reuters) - U.S. retail sales recorded their largest gain in 1-1/2 years in March in a decisive sign the economy is bouncing back from its weather-induced slumber. Monday's upbeat...
Wholesale stock accumulation slows, to hit growth
WASHINGTON (Reuters) - U.S. wholesale inventories rose at a slower pace in February, strengthening views that restocking will weigh on economic growth in the first quarter. The Commerce Department said...
U.S. job openings hit six-year high in February
WASHINGTON (Reuters) - U.S. job openings jumped to their highest in six years in February and there was a significant decline in layoffs, more signs of a steadily improving labor...
U.S. jobs market dropouts increasingly likely to stay out
WASHINGTON (Reuters) - A growing number of Americans quitting the labor force are likely gone for good, offering a cautionary note to the Federal Reserve as it tries to gauge...