Anemic Growth, and Some Slowing, Seen in Fed Data
The Federal Reserve said Wednesday that the recovery lost steam in eight of 12 regions it tracks in recent weeks, with hiring modest, wages soft and price pressures subdued. “Economic activity...
View ArticleU.S. Durable Goods Orders Decline
The Commerce Department said durable goods orders dipped 0.1 percent after a 4.1 percent jump in July. Economists polled by Reuters had forecast durable goods orders unchanged last month. Orders were...
View ArticleAdvertising: Stalled Budget Talks Cast Long Shadow
The executives spoke on Monday at the start of the 40th annual global media and communications conference, sponsored by UBS, in Midtown Manhattan. They addressed the possibility of a fiscal crisis in...
View ArticleOrders for Durable Goods Increased Slightly in August
A separate report on Wednesday showed that Americans increased purchases of new homes in August after cutting back in July, suggesting that higher mortgage rates are not yet slowing the housing...
View Article