10:17 AM EDT, 04/18/2024 (MT Newswires) -- Weekly applications for unemployment insurance in the US came in lower than Wall Street's expectations, according to government data released Thursday, reflecting a robust labor market. The seasonally adjusted number of initial claims remained flat at 212,000 in the week ended April 13, the US Department of Labor said. The consensus was for...

NEW YORK (Reuters) - New York Federal Reserve President John Williams said on Thursday the strong state of the U.S. economy means there's no pressing case to lower interest rates right now. I definitely don't feel urgency to cut interest rates given the current strength of the economy, Williams said at the Semafor's World Economy Summit in Washington. We have...

WASHINGTON (Reuters) - U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market. Home sales dropped 4.3% last month to a seasonally adjusted annual rate of 4.19 million units, the National Association of Realtors said on Thursday. Economists polled by Reuters had forecast home resales slipping to a rate of 4.20...

10:44 AM EDT, 04/18/2024 (MT Newswires) -- The Conference Board's measure of leading economic indicators declined by 0.3% in March, a larger drop than the expectations for a 0.1% decrease in a survey compiled by Bloomberg as of 7:35 am ET and following a 0.2% increase in February. February's uptick in the U.S. LEI proved to be ephemeral as the...