Monthly archive September, 2022

A report released by the Commerce Department on Friday unexpectedly showed a sharp pullback in new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders slumped by 1.0 percent in July after surging Read More →

The U.S. dollar fell against its major counterparts in the European session on Friday, as a moderation in the pace of U.S. job growth and a spike in the unemployment rate in August helped ease inflation worries and trimmed expectations Read More →

The U.S. dollar turned weak on Friday amid easing worries about an aggressive rate hike by the Fed later this month after data showed a moderation in the pace of U.S. job growth and an uptick in unemployment rate in Read More →

Germany's exports dropped for the first time in four months in July and imports logged an unexpected decline, adding to the list of negative data suggesting a recession later this year, official data revealed Friday.Exports decreased 2.1 percent on a Read More →

With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended August 27th.Original Article Read More →