U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not moderated much.
Read More Sharp downgrades to US unit labor costs bode well for inflation outlook
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
Read More Motor vehicles, electronic goods lift US retail sales in October
Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to deliver another interest rate cut in December.
Read More Wall St edges higher after inflation data keeps Fed rate-cut hopes intact
U.S. stock indexes sagged on Tuesday as rising Treasury yields impacted rate-sensitive sectors, while investors evaluated earnings to assess the health of American companies.
Read More Wall Street tumbles as yields jump; Verizon slides
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
Read More Strong discretionary spending lifts US retail sales in September
Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.
Read More US consumer spending, inflation rise moderately in August