Cryptocurrencies News

Manufacturing rebounds with PMI at 50.1, while services slow sharply to 52.8. Inflation rises, keeping Fed policy in focus for traders.

US jobless claims rise to 223,000 as continuing claims hit 3-year high at 1.9M. Labor market shows signs of cooling amid rising unemployment across key industrial states.

U.S. retail sales rose 0.4% in December, hitting $729.2B, while initial jobless claims climbed to 217K, reflecting mixed signals for the economy.

December CPI rises 0.4%, annual inflation hits 2.9%. Core inflation eases to 3.2%, while energy surges 2.6%, fueling market debates on Fed’s next steps.

U.S. payrolls grew by 256K in December, beating forecasts, as unemployment held at 4.1%. Health care and retail saw notable job gains.

Tech Leads 2024 Job Cuts: Despite 20% fewer layoffs vs. 2023, tech remains the top sector for cuts, followed by spikes in education, utilities, and government.

U.S. job growth slowed in December as private payrolls missed expectations, but lower unemployment claims signal labor market resilience.

U.S. manufacturing contracts for the ninth month, but rising new orders and production hint at potential stabilization. Employment continues to decline.

US jobless claims drop to 211K, signaling labor market strength. Seasonal layoffs are lower than expected, boosting economic confidence.

Chicago PMI drops to 36.9, signaling deeper manufacturing contraction. Bearish implications for USD as economic pressures weigh on the sector.

U.S. trade deficit widens to $102.9B as imports surge. Rising retail inventories point to strong demand, while the Fed may delay rate cuts to control inflation.

Initial claims drop by 1,000, yet rising insured unemployment sparks concerns over hiring slowdowns. Markets brace for short-term volatility.

November inflation slows with PCE at 2.4%, under consensus. Declining energy costs and modest goods spending temper overall price growth.

U.S. GDP grew 3.1% in Q3 2024, driven by consumer spending and exports. Jobless claims fell to 220k, but manufacturing contraction signals economic risks.

November building permits rose 6.1%, with single-family starts up 6.4%, signaling steady demand. Multifamily starts fell sharply, reflecting developer caution.

U.S. import prices rose 0.1% in November, fueled by energy costs, raising inflation concerns and impacting Fed policy, bond yields, and markets.

Inflation climbs with PPI up 0.4%, while initial claims hit a 2-year high. How these key metrics shape markets and Fed decisions—read more here.

Inflation rose to 2.7% in November, driven by shelter and food costs. Will the Fed cut rates next week as expected? Read the full CPI report analysis.

U.S. job creation surged in November with 227,000 new jobs, beating expectations. However, the unemployment rate rose to 4.2%, reflecting mixed labor market trends.

U.S. layoffs surged 27% in November, led by auto and industrial sectors, as initial jobless claims rose to 224K, signaling potential economic pressure.