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US existing home sales tick up unexpectedly in July
By Dan BurnsAug 21 (Reuters) - Sales of previously owned U.S. homes ticked unexpectedly higher in July, but the pace of sales remains sluggish amid affordability issues for buyers thanks to high house prices and interest rates on mortgages.Home sales rose 2.0% last month to a seasonally adjusted ann...Reuters
Thu, Aug 21
US business activity picks up in August, factories lead the way, survey says
Aug 21 (Reuters) - U.S. business activity picked up pace in August, led by a resurgent manufacturing sector that saw the strongest growth in orders in 18 months, a purchasing managers survey showed on Thursday.S&P Global's flash U.S. Composite PMI Output Index, which tracks the manufacturing...Reuters
Thu, Aug 21
US business activity picks up in August, factories lead the way - survey
Aug 21 (Reuters) - U.S. business activity picked up pace in August, led by a resurgent manufacturing sector that saw the strongest growth in orders in 18 months, a purchasing managers survey showed on Thursday.S&P Global's flash U.S. Composite PMI Output Index, which tracks the manufacturing...Reuters
Thu, Aug 21
Fed's Schmid says no urgency to cut interest rates but more data to come
JACKSON, Wyoming, Aug 21 (Reuters) - Kansas City Fed president Jeffrey Schmid said on Thursday there seems no rush to cut interest rates, with inflation still above the central bank's 2% target and the labor market still in solid shape. "I think we're in a really good spot and I thin...Reuters
Thu, Aug 21
Fed's Bostic still sees a single rate cut this year, amid uncertainty
Bostic sees potential for rate cut amid economic uncertaintyFed faces pressure from Trump to cut ratesBostic highlights transitional economic period and uneven inflation progressBy Michael S. DerbyNEW YORK, Aug 21 (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday ...Reuters
Thu, Aug 21
US weekly jobless claims rise to highest since June
Aug 21 (Reuters) - The number of Americans filing new applications for jobless benefits rose by the most in about three months last week in an initial signal that layoffs may be picking up and adding to signs the labor market is weakening.Initial claims for state unemployment benefits climbed 11,000...Reuters
Thu, Aug 21
