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Tag: Christopher Rupkey

Black Friday shoppers stand in line for a Lululemon store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. REUTERS/Vincent Alban/File Photo

US fourth-quarter growth revised higher; labor market still strong

The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.

Read More US fourth-quarter growth revised higher; labor market still strong
A man shops for produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US retail sales tumble in January; weekly jobless claims fall

Economists cautioned the decline may be due to winter storms and technical factors.

Read More US retail sales tumble in January; weekly jobless claims fall
A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims fall slightly more than expected

The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.

Read More US weekly jobless claims fall slightly more than expected
FILE PHOTO: An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz

US labor market shows strength amid surge in payrolls gains

U.S. job growth accelerated in November while the unemployment rate fell to 3.7%.

Read More US labor market shows strength amid surge in payrolls gains
A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims increase moderately

The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing momentum.

Read More US weekly jobless claims increase moderately
An employee hiring sign is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo

US economy grows 5.2% in third quarter; higher interest rates sapping momentum

The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.

Read More US economy grows 5.2% in third quarter; higher interest rates sapping momentum

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