US Economy - Page 18

AP - So many presidential candidates, so many choices. When you're Barbra Streisand, you don't have to pick. More Info...  

Reuters - The pace of growth in the U.S. service sector increased to its strongest in eight months in January on steady demand and lower costs, according to a report released on Monday.

Economy News

AP - Wary employers slowed hiring in January, pushing the unemployment rate to a four-month high of 4.6 percent and giving jobseekers a bumpy start to the year. Still, the Labor Department's employment report on Friday suggested the jobs market remains in solid shape.

Reuters - The U.S. economy added a modest 111,000 jobs in January, but the job picture was much brighter than first estimated in the final quarter of last year, a government report showed on Friday.

FT.com - Government bonds rose across the US and Europe on Friday as a weaker than expected report on US employment capped a week in which the Federal Reserve upgraded its assessment of the outlook for the US economy, while seeming to downplay inflation fears. More Info...  

AP - Orders placed with U.S. factories rebounded in December, growing by 2.4 percent, the most in nine months. More Info...  

FT.com - The US unemployment rate rose this month as the economy added fewer jobs than expected, government figures showed. More Info...  

Reuters - U.S. consumer sentiment rose in January to its highest in two years on favorable expectations for the U.S. economy and for higher wage gains, a survey showed on Friday. More Info...  

Reuters - New orders at U.S. factories rose 2.4 percent in December, higher than forecast, while inventories edged up, a government report showed on Friday. More Info...  

Reuters - Traders were betting on Friday that U.S. employers added 182,800 jobs in January, according to the preliminary implied median market forecast of a derivatives auction. More Info...  

AFP - Japanese share prices rose 0.46 percent in morning trade on Friday, hitting more than six-year highs on optimism about the weak yen, Japanese company earnings and the US economy, dealers said.

Economy News

AP - People are saving at the lowest level since the Great Depression, and that could be a problem for the millions of baby boomers getting ready to retire.

AP - People are saving at the lowest level since the Great Depression, and that could be a problem for the millions of baby boomers getting ready to retire.

AP - People once again spent everything they made and then some last year, pushing the personal savings rate to the lowest level since the Great Depression more than seven decades ago.

AP - The nation's manufacturing sector contracted in January, surprising many economists and signaling a shaky start to the new year for industry amid weakness in housing and autos. More Info...  

Reuters - NEW YORK (Reuters)- U.S. manufacturing activity unexpectedly contracted in January, but consumer spending closed out last year on a strong note, according to data on Thursday that gave conflicting signals on the direction of the economy. More Info...  

Reuters - U.S. manufacturing unexpectedly contracted in January to its slowest pace since April 2003 as new orders, inventories and production fell, according to a survey published on Thursday.

Reuters - Pending sales of existing U.S. homes advanced a stronger-than-expected 4.9 percent in December, the biggest monthly gain since 2004, a real estate agents' trade association said on Thursday in a report showing some stability in the housing market. More Info...  

AP - The Labor Department reported Thursday that the number of newly laid off workers filing claims for unemployment benefits dropped by 20,000 last week to 307,000. More Info...  

Reuters - WASHINGTON (Reuters)- U.S. incomes and spending rose as expected in December, while core consumer prices gained less than anticipated, a government report showed on Thursday. More Info...