US weekly jobless claims fall to a nine-month low; speed of productivity gains

Weekly jobless claims drop 3,000 to 183,000 Persevering with claims decreased 11,000 to 1.655 million Productiveness accelerated at a 3.0% charge within the fourth quarter Unit labor prices develop at a charge of 1.1% WASHINGTON (Reuters) – The variety of Individuals submitting new purposes for unemployment advantages fell to a nine-month low final week, because … Read more

US labor cost growth is the smallest in a year; Work is constantly tight

The Employment Price Index rose 1.0% within the fourth quarter wages and salaries improve by 1.0%; 5.1% improve year-on-year The Shopper Confidence Index fell to 107.1 in January Home value inflation slows additional in November WASHINGTON (Reuters) – U.S. labor prices rose at their slowest tempo in a yr within the fourth quarter as wage … Read more

US consumer spending ends 2022 on weaker grounds; slowing inflation

Client spending fell 0.2% in December private earnings will increase by 0.2%; The financial savings price rose to three.4%. Core PCE value index rose 0.3%; 4.4% enhance 12 months on 12 months WASHINGTON (Reuters) – U.S. client spending fell for the second straight month in December, placing the financial system on a decrease progress path … Read more

Asian stock losses widened after weak Chinese GDP data

HONG KONG (Reuters) – Asian inventory losses widened on Tuesday after China reported weak fourth-quarter financial knowledge, though investor expectations for a powerful restoration within the nation remained excessive at the same time as considerations grew that the worldwide financial system was heading into recession. . London is about to open open with FTSE futures … Read more