Edition:
India

Lucia Mutikani

Shortage of cheaper houses stifles U.S. homes sales

21 May 2019

WASHINGTON U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter.

U.S. consumer sentiment robust before escalation of trade war

17 May 2019

WASHINGTON U.S. consumer sentiment jumped to a 15-year high in early May amid growing confidence over the economy's outlook, but much of the surge was recorded before an escalation in the trade war between the United States and China, which could hurt activity.

U.S. housing starts beat expectations; supply constraints remain

16 May 2019

WASHINGTON U.S. housing starts increased more than expected in April and activity in the prior month was stronger than initially thought, suggesting declining mortgage rates were providing some support to the struggling housing market.

Weak U.S. retail sales, industrial output highlight slowing economy

16 May 2019

WASHINGTON U.S. retail sales unexpectedly fell in April as households cut back on purchases of motor vehicles and a range of other goods, pointing to a slowdown in economic growth after a temporary boost from exports and inventories in the first quarter.

U.S. import prices rise; underlying imported inflation weak

15 May 2019

WASHINGTON U.S. import prices rose less than expected in April as increases in the cost of petroleum and food were tempered by the largest decrease in the price of capital goods in 10 years, suggesting inflation could remain tame for a while.

Tame U.S. inflation seen keeping Fed on the sidelines

10 May 2019

WASHINGTON U.S. consumer prices rose moderately in April and underlying inflation remained muted, supporting the Federal Reserve's projection of no further interest rates increases this year.

U.S. goods trade deficit with China tumbles to five-year low

10 May 2019

WASHINGTON The U.S. goods trade deficit with China, a focus of the White House's "America First" agenda, shrank to its smallest in five years in March, which could embolden President Donald Trump as he escalates his trade war on Beijing.

Trump befeuert Zollstreit mit China - "Eskalation in vollem Gang"

09 May 2019

Panama City/Washington Unter den bangen Blicken der Investoren weltweit steuern die beiden größten Handelsmächte auf eine Kraftprobe im Zollstreit zu.

U.S. job openings surge, point to tightening labor market

07 May 2019

WASHINGTON U.S. job openings rebounded sharply in March, while the pace of hiring was little changed, pointing to a growing worker shortage that could slow employment growth this year.

World News