Monthly archive November, 2020

Partly reflecting a jump in retail inventories, the Commerce Department released a report on Tuesday showing U.S. business inventories increased by more than expected in the month of September. The report said business inventories climbed by 0.7 percent in September Read More →

The UK economy moved out of a recession at a record pace in the third quarter ahead of the second nationwide lockdown, the Office for National Statistics reported Thursday. Gross domestic product grew 15.5 percent sequentially in the third quarter, Read More →

A report released by the Labor Department on Thursday showed a bigger than expected decrease in first-time claims for U.S. unemployment benefits in the week ended November 7th. The Labor Department said initial jobless claims fell to 709,000, a decrease Read More →

Reflecting many offsetting increases and decreases, the Labor Department released a report on Thursday showing U.S. consumer prices came in flat in the month of October. The Labor Department said its consumer price index was unchanged in October after rising Read More →

The U.S. dollar retreated after a minor uptick in the Asian session on Thursday, but recovered losses and remained steady as its safe-haven appeal largely stayed intact as the continued surge in coronavirus cases raised uncertainty about economic recovery.Original Read More →

China's consumer price inflation eased to the lowest since October 2009 as pork prices fell for the first time in 19 months, data from the National Bureau of Statistics showed Tuesday. Consumer price inflation slowed to an 11-month low of Read More →