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Friday, May 17
by
SRN News
Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty
(Reuters) – Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve’s interest rate cuts dampened appetite. Investors net sold bonds worth $1.91 billion from ...
Thursday, May 16
by
SRN News
China’s April industrial output rises 6.7%, beats expectations
BEIJING (Reuters) – China’s industrial output grew 6.7% year-on–year in April, accelerating from the 4.5% pace seen in March, as the recovery in the manufacturing sector gathered pace. The official data released on Friday by the National Bureau of Statistics (NBS) ...
Thursday, May 16
by
SRN News
US manufacturing output unexpectedly falls in April
WASHINGTON (Reuters) – Production at U.S. factories unexpectedly fell in April amid a decline in motor vehicle output, data showed on Thursday. Manufacturing output dropped 0.3% last month following a downwardly revised 0.2% increase in March, the Federal Reserve said. ...
Thursday, May 16
by
The Center Square
Nearly 250,000 illegal border crossers apprehended in April
(The Center Square) – The flow of illegal border crossers remained steady in April with 247,837 illegally entering nationwide, slightly more than those who illegally entered in March, ...
Wednesday, May 15
by
SRN News
Australian jobless rate rises in April, erasing risk of rate hike
By Wayne Cole SYDNEY (Reuters) – Australian employment rose by more than expected in April, data showed on Thursday, but the jobless rate still climbed to a three-month top as the growth in workforce outpaced job creation. The jump in unemployment was ...
Wednesday, May 15
by
SRN News
US border arrests fall in April, bucking usual spring increase as Mexico steps up enforcement
WASHINGTON (AP) — Arrests for illegally crossing the U.S. border from Mexico fell more than 6% in April to the fourth lowest month of the Biden administration, authorities said Wednesday, bucking the usual spring increase. U.S. officials have largely attributed the decline to more enforcement ...
Wednesday, May 15
by
SRN News
Global corporate defaults doubled from March to April, S&P finds
By Matt Tracy (Reuters) – Global corporate debt defaults more than doubled in April from March to their highest monthly tally since October 2020, according to a report from S&P Global Ratings. April saw 18 defaults globally, led by the 10 U.S. ...
Wednesday, May 15
by
SRN News
US consumer inflation cools in April; retail sales flat
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate ...
Wednesday, May 15
by
ABC News
Inflation cooled slightly in April, ending monthslong surge in prices
(WASHINGTON) -- Consumer prices rose 3.4% in April compared to a year ago, slowing slightly from the previous month and offering a welcome sign for the Federal Reserve in its yearslong inflation fight. The fresh data matched economists' expectations.After falling dramatically over the course ...
Wednesday, May 15
by
SRN News
US consumer prices rise less than expected in April; core CPI slows
WASHINGTON (Reuters) – U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut. The ...
Wednesday, May 15
by
SRN News
Retail sales were unchanged in April from March as inflation and interest rates curb spending
NEW YORK (AP) — Retail sales in April were unchanged from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. The number, which came in well below economists’ expectations, followed a revised 0.6% pace in March, according to ...
Wednesday, May 15
by
SRN News
US retail sales unexpectedly flat in April
WASHINGTON (Reuters) – U.S. retail sales were unexpectedly flat in April as higher gasoline prices pulled spending away from other goods, indicating that consumer spending was losing momentum. The unchanged reading in retail sales last month followed a slightly downwardly revised 0.6% increase in March, ...
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