Senate to take up gun-control measure this week
WASHINGTON (Reuters) - The Senate could vote as early as Wednesday on expanded background checks for gun buyers, but leading lawmakers said on Sunday it was uncertain whether the contentious...
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Cooling factory activity hints at slowing economy
WASHINGTON (Reuters) - Factory activity grew at the slowest rate in three months in March, suggesting the economy lost some momentum at the end of the first quarter as the...
Easy Fed softens fiscal policy punch on economy
WASHINGTON (Reuters) - The Federal Reserve's aggressive easing of monetary policy is proving surprisingly effective at blunting the blow to the economy from tighter fiscal policy, according to economists who...
Impact of “sequester” budget cuts on jobs may be exaggerated
WASHINGTON (Reuters) - Deep government spending cuts are unlikely to weigh on employment as heavily as initially feared, with most of the impact reducing hours worked rather than payrolls, according...
Factory data underscores economic momentum
WASHINGTON (Reuters) - U.S. manufacturing output bounced back in February in the latest signal of strength in an economy that is showing clear momentum despite the headwind from government austerity....
Household debt burden hits record low, a positive spending sign
WASHINGTON (Reuters) - A measure of the burden of U.S. household debt sank to a record low in the fourth quarter, offering more evidence of improving household finances that should...
Bullish retail sales bolster economic outlook
WASHINGTON (Reuters) - Retail sales expanded at their fastest clip in five months in February, the latest sign of momentum for an economy facing headwinds from higher taxes and pricier...
Analysis – Labor market to weather productivity plunge
WASHINGTON (Reuters) - A plunge in the productivity of businesses late last year will probably dent corporate profits, but not enough to prompt companies to cut back on hiring. Nonfarm...
Sturdy job gains offer bright sign for economy
WASHINGTON (Reuters) - Employers added a greater-than-expected 236,000 workers to their payrolls in February and the jobless rate fell to a four-year low, offering a bright signal on the economy's...
Taxes squeeze households, factories to add to growth
WASHINGTON (Reuters) - Consumer spending was tepid in January as higher taxes squeezed incomes, but vigor in the manufacturing sector last month suggested economic growth picked up early this quarter....