There appears to be a case for an easing of monetary policy by various countries given the data pouring in on easing inflation. The latest to announce inflation data is China, where it has moderated. read on...
Economists in the U.S. were pleasantly surprised by a rise in exports in March that did not represent any statistical payback. In fact, the level of exports has witnessed growth for four straight months indicating strength. read on...
The number of Americans who continued to receive jobless benefits dropped slightly last week to a one-month low, a government data showed, easing concerns about the recovery of the labor market. read on...
Sales at wholesalers witnessed more signs of weakness in March. Though overall sales grew 0.5 percent in March, fall in sales were witnessed in computers, groceries and autos. But machinery and petroleum recorded robust sales. read on...
The job data announced by the Government has disappointed economists as well as market men. Though there are gains from sectors such as manufacturing, health, education and business services, there are some weakness in construction and government that resulted in smaller than predicted gains. There are also structural issues that remain and could complicate the outlook further. read on...
If West is the biggest region to bore the brunt for largest announced lay offs in April, Michigan heads the read on...
The number of Americans who continued to receive jobless benefits dropped more than forecast last week, a read on...
Personal income rose 0.4 percent in March on top of an upwardly revised 0.3 percent growth in February. read on...
Pending home sales rose to a near two-year high in the month of March, also coming in well ahead of market read on...