Explore

Strong demand boosts US services sector activity in August

Strong demand boosts US services sector activity in August

WASHINGTON, Sept 3 (Reuters) - U.S. services sector activity picked up in August as strong demand lifted new orders to a 3-1/2-year high and drove input prices higher, suggesting inflation could remain elevated and compel the Federal Reserve to hike interest rates before the end of this year.

US manufacturing activity slows in August; input prices still elevated

US manufacturing activity slows in August; input prices still elevated

WASHINGTON, Sept 1 (Reuters) - U.S. manufacturing activity eased in August after strong growth in the prior month, with new orders slowing and input prices remaining high amid persistent supply-chain strains.

Rise in US factory orders beats expectations in July

Rise in US factory orders beats expectations in July

WASHINGTON, Sept 2 (Reuters) - New orders for U.S. factory goods increased more than expected in July amid a rebound in demand for aircraft. Factory orders rose 0.9% after a revised 0.2% drop in June, the Commerce Department's Census Bureau said on Wednesday.

US private payroll growth slows in August; factory orders rebound in July

US private payroll growth slows in August; factory orders rebound in July

WASHINGTON, Sept 2 (Reuters) - U.S. private payrolls increased less than expected in August as strength in the education and health services sector was offset by job losses in manufacturing and a few other industries.

US job openings rise in July after sharp downward revision in prior month

US job openings rise in July after sharp downward revision in prior month

WASHINGTON, Sept 1 (Reuters) - U.S. job openings increased in July amid a surge in manufacturing vacancies, but weak hiring suggested the labor market remained in a holding pattern.

Trump presses Fed to lower interest rates. Why it may do the opposite

Trump presses Fed to lower interest rates. Why it may do the opposite

President Donald Trump again pressured the Federal Reserve to lower interest rates, but more Fed officials are signaling their interest in a hike.

Yen jumps on BOJ hike bets, dollar slips on Waller comments

Yen jumps on BOJ hike bets, dollar slips on Waller comments

By Karen Brettell NEW YORK, Sept 3 (Reuters) - The yen jumped by 2% against the U.S. dollar on Thursday as traders ramped up bets on a Bank of Japan interest rate hike, while analysts pointed to BOJ data showing no official intervention behind the currency's strong gains on Wednesday.

Goldman Sachs CEO offers surprising new take on U.S. economy

Goldman Sachs CEO offers surprising new take on U.S. economy

One overlooked shift could push America’s economy into higher gear

Yen jumps, oil pumps

Yen jumps, oil pumps

By Jamie McGeever ORLANDO, Florida, Sept 2 (Reuters) - The Japanese yen leaped against the dollar on Wednesday, its biggest rise since joint U.S.-Japanese intervention a month ago, while U.S.

US fixed 30-year mortgage rate rises to highest since July 2025

US fixed 30-year mortgage rate rises to highest since July 2025

By Ann Saphir Sept 3 (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage rose this week to its highest in more than a year, a fresh pain point for households already dealing with affordability challenges as a surge in energy prices amid renewed Middle East hostilities

Scott Bessent has surprising answer for U.S. debt fears

Scott Bessent has surprising answer for U.S. debt fears

His answer challenges the biggest assumption rattling bond investors

Oil prices rise and stocks slide as Middle East violence flares, adding to uncertainty

Oil prices rise and stocks slide as Middle East violence flares, adding to uncertainty

Oil prices have jumped more than 2% and world shares have skidded as recurring violence in the Iran war heightens uncertainty over the future of the conflict