By Lucia Mutikani

U.S. private payrolls rise solidly; pending home sales jump

By Lucia Mutikani WASHINGTON (Reuters) - U.S. private employers maintained a steady pace of hiring in August and contracts to buy previously owned homes surged in July, suggesting the economy was regaining sufficient momentum for the Federal Reserve to raise...

Wednesday, August 31, 2016, 10:06 PM

U.S. private payrolls rise solidly; pending home sales jump

By Lucia Mutikani WASHINGTON (Reuters) - U.S. private employers maintained a steady pace of hiring in August and contracts to buy previously owned homes surged in July, suggesting the economy was regaining sufficient momentum for the Federal Reserve to raise...

Wednesday, August 31, 2016, 10:05 PM

Solid U.S. consumer spending boosts prospect of Fed rate hike

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could pave the way for the Federal Reserve to raise interest rates this...

Monday, August 29, 2016, 6:15 PM

Solid U.S. consumer spending boosts prospect of Fed rate hike

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could pave the way for the Federal Reserve to raise interest rates this...

Monday, August 29, 2016, 6:14 PM

Declining inventories crimp U.S. second-quarter growth, consumer spending surges

By Lucia Mutikani WASHINGTON (Reuters) - U.S. economic growth was slightly more tepid than initially thought in the second quarter as businesses aggressively ran down inventories, offsetting a spurt in consumer spending. Gross domestic product...

Friday, August 26, 2016, 6:54 PM

Declining inventories crimp U.S. second-quarter growth, consumer spending surges

By Lucia Mutikani WASHINGTON (Reuters) - U.S. economic growth was slightly more tepid than initially thought in the second quarter as businesses aggressively ran down inventories, offsetting a spurt in consumer spending. Gross domestic product...

Friday, August 26, 2016, 6:45 PM

Upbeat U.S. factory data suggests business spending stabilizing

By Lucia Mutikani WASHINGTON (Reuters) - New orders for U.S. manufactured capital goods rose for a second straight month in July as demand for machinery and a range of other products picked up, offering a tentative sign that a business spending downturn was...

Thursday, August 25, 2016, 6:16 PM

Upbeat U.S. factory data suggests business spending stabilizing

By Lucia Mutikani WASHINGTON (Reuters) - New orders for U.S. manufactured capital goods rose for a second straight month in July as demand for machinery and a range of other products picked up, offering a tentative sign that a business spending downturn was...

Thursday, August 25, 2016, 6:11 PM

U.S. existing home sales decline, prices still strong

By Lucia Mutikani WASHINGTON (Reuters) - U.S. home resales fell more than expected in July after four straight months of strong gains, as a lack of inventory limited choice for buyers, but further price rises suggested the housing market remained on solid...

Wednesday, August 24, 2016, 7:42 PM

U.S. existing home sales decline, prices still strong

By Lucia Mutikani WASHINGTON (Reuters) - U.S. home resales fell more than expected in July after four straight months of strong gains, as a lack of inventory limited choice for buyers, but further price rises suggested the housing market remained on solid...

Wednesday, August 24, 2016, 7:36 PM

U.S. new home sales race to near nine-year high

By Lucia Mutikani WASHINGTON (Reuters) - New U.S. single-family home sales unexpectedly surged in July, reaching their highest level in nearly nine years amid robust demand, brightening the housing market outlook and bolstering views that economic growth will...

Tuesday, August 23, 2016, 7:47 PM

U.S. new home sales race to near nine-year high

By Lucia Mutikani WASHINGTON (Reuters) - New U.S. single-family home sales unexpectedly surged in July, reaching their highest level in nearly nine years amid robust demand, brightening the housing market outlook and bolstering views that economic growth will...

Tuesday, August 23, 2016, 7:39 PM

Labor market firming; factories still struggling

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell more than expected last week, reinforcing views of labor market strength that could encourage the Federal Reserve to raise interest rates soon....

Thursday, August 18, 2016, 6:08 PM

Labor market firming; factories still struggling

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell more than expected last week, reinforcing views of labor market strength that could encourage the Federal Reserve to raise interest rates soon....

Thursday, August 18, 2016, 6:07 PM

U.S. inflation tame despite economy gaining momentum

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices were unchanged in July but a rise in industrial output and home building suggested a pickup in economic activity that could allow the Federal Reserve to raise interest rates this year....

Tuesday, August 16, 2016, 6:06 PM

U.S. inflation tame despite economy gaining momentum

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices were unchanged in July but a rise in industrial output and home building suggested a pickup in economic activity that could allow the Federal Reserve to raise interest rates this year....

Tuesday, August 16, 2016, 6:06 PM

Weak U.S. retail sales, inflation data dim prospect of Fed rate hike

By Lucia Mutikani WASHINGTON (Reuters) - U.S. retail sales were unexpectedly flat in July as Americans cut back on discretionary spending, pointing to a moderation in consumption that could temper expectations of a sharp pickup in economic growth in the third...

Friday, August 12, 2016, 6:12 PM

Weak U.S. retail sales, inflation data dim prospect of Fed rate hike

By Lucia Mutikani WASHINGTON (Reuters) - U.S. retail sales were unexpectedly flat in July as Americans cut back on discretionary spending, pointing to a moderation in consumption that could temper expectations of a sharp pickup in economic growth in the third...

Friday, August 12, 2016, 6:12 PM

U.S. labor market firming; inflation remains benign

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell last week, pointing to sustained labor market strength in early August that could help spur faster economic growth. Other data on Thursday showed...

Thursday, August 11, 2016, 6:03 PM

U.S. labor market firming; inflation remains benign

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell last week, pointing to sustained labor market strength in early August that could help spur faster economic growth. Other data on Thursday showed...

Thursday, August 11, 2016, 6:03 PM