WASHINGTON, June 9 (Reuters) - The U.S. trade deficit narrowed in April as exports of petroleum products and capital goods jumped to record highs, a trend that if sustained, will put trade on course to contribute to economic growth in the second quarter. The report from the Commerce Department on Tuesday suggested no major impact on trade flows from the...

WASHINGTON, June 10 (Reuters) - U.S. consumer inflation likely increased at its fastest pace in three years in May as the Middle East conflict raised prices of energy products, which would provide more ammunition for the Federal Reserve to keep interest rates unchanged this year. The anticipated third straight month of strong year-on-year Consumer Price Index readings from the Labor...

03:45 PM EDT, 06/09/2026 (MT Newswires) -- US home sellers outnumbered buyers by almost half a million in May, indicating buyers hold the power in the housing market, Redfin said Tuesday. Sellers exceeded buyers by an estimated 46.9% last month, compared with the largest gap on record of 49.5% in December, according to the online real estate brokerage. The May...

June 9 (Reuters) - The U.S. Federal Reserve said on Tuesday it will publish the results of its annual big bank stress tests on June 24. The central bank conducts the test each year to examine how large banks would perform against a hypothetical economic downturn and market strains. This year's stress test subjected 32 large banks to a severe global...