08:07 AM EST, 11/17/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Monday, except for a decline versus the pound, ahead of a busier week after last week's lull, with a backlog of government data after the shutdown complicating the schedule. The main release of the week will be the long-delayed September nonfarm payrolls employment...

WASHINGTON (Reuters) -U.S. construction spending unexpectedly rebounded in August, likely lifted by home renovations as higher mortgage rates continued to weigh on single-family homebuilding. The Commerce Department's Census Bureau said on Monday that construction spending increased 0.2% after an upwardly revised 0.2% gain in July. Economists polled by Reuters had forecast construction spending would ease 0.1% after a previously reported...

08:10 AM EST, 11/17/2025 (MT Newswires) -- (Corrects to note day of the week in sixth paragraph) The US dollar rose against its major trading partners early Monday, except for a decline versus the pound, ahead of a busier week after last week's lull, with a backlog of government data after the shutdown complicating the schedule. The main release of...

WASHINGTON (Reuters) -Federal Reserve Vice Chair Philip Jefferson said on Monday the U.S. central bank needs to proceed slowly with any further interest rate cuts as it eases policy towards a level that would likely stop putting downward pressure on inflation. In remarks prepared for delivery at a Kansas City Fed event, Jefferson said he agreed the central bank's quarter-percentage-point...