As Washington frets, markets take spending cuts in stride
NEW YORK/WASHINGTON (Reuters) - Broad spending cuts designed to hit most U.S. government programs with all the subtlety of a sledgehammer were set to begin taking effect on Friday, yet...
Home > Reviews
All Stories
Analysis: Morning in America? U.S. economy poised to accelerate
WASHINGTON (Reuters) - Famed U.S. economist Milton Friedman once observed that a recovery from recession is like plucking a guitar string: The harder the economy is pushed down, the faster...
Fed taking “forceful action” on economy, Yellen says
WASHINGTON (Reuters) - The Federal Reserve's aggressive easing of monetary policy is warranted given the still-battered state of the U.S. labor market, Fed Vice Chairwoman Janet Yellen said on Monday....
Economy likely grew in fourth quarter
WASHINGTON (Reuters) - The economy likely expanded slightly in the fourth quarter as higher exports and a slump in oil imports narrowed the trade gap, suggesting a surprise drop in...
Jobless claims point to healing in labor market
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell last week and a trend reading hit a near five-year low, signs a grinding recovery in...
Analysis: Even brief spending cuts could hit U.S. economy hard
WASHINGTON (Reuters) - The U.S. economy could take a big hit from automatic government spending cuts even if Congress only leaves them in place for a month or two. The...
Income surge puts consumers in better shape
WASHINGTON (Reuters) - American income growth surged in December as companies rushed to make dividend payments before higher tax rates set in, while buoyant wage growth also gave a lift...
Job growth likely modest but steady in January
WASHINGTON (Reuters) - Hiring by employers likely held steady in January, pointing to modest growth in the economy despite worries that budget battles in Washington could derail the recovery. Nonfarm...
Gauge of U.S. business spending plans edges higher
WASHINGTON (Reuters) - A gauge of U.S. business investment plans improved in December, a sign companies were betting the economy will pick up despite fears over tighter fiscal policy. The...
New home sales rise to three-year high in 2012
WASHINGTON (Reuters) - Sales of new single-family homes rose last year to the highest level since 2009, a sign the troubled U.S. housing market has turned a corner. Americans bought...