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Chicago Business Barometer Indicates Slower Contraction In November

A report released by MNI Indicators on Wednesday showed Chicago-area business activity contracted at a slower rate in the month of November. MNI Indicators said its Chicago business barometer climbed to 46.3 in November from 43.2 in October, although a Read More →

U.S. Pending Home Sales Unexpectedly Pull Back Sharply In October

Partly reflecting a decline in inventory and a small rise in mortgage rates, the National Association of Realtors released a report on Wednesday unexpectedly showing a sharp pullback in U.S. pending home sales in the month of October. NAR said Read More →

U.S. Personal Income Unexpectedly Unchanged In October

The Commerce Department released a report on Wednesday showing U.S. personal income came in nearly flat in the month of October, while personal spending rose in line with economist estimates. The report said personal income inched up by less than Read More →

Fed’s Beige Book Says U.S. Economy Continues To Expand At Modest Pace

U.S. economic activity expanded modestly from October through mid-November, according to the Federal Reserve's Beige Book. The Beige Book, a compilation of anecdotal evidence on economic conditions in the twelve Fed districts, noted economic growth continued at a similar pace Read More →

U.S. Dollar Moves Higher Following Slew Of Economic Data

With traders reacting to a slew of U.S. economic data, the value of the U.S. dollar moved to the upside during trading on Wednesday.Original Article Read More →

U.S. Dollar Showing Little Change Versus Other Major Currencies

The U.S. dollar has turned in a lackluster performance on Tuesday, showing little change versus other major currencies.Original Article Read More →

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