Tag Archives: US

Inflation in the US, as measured by the Consumer Price Index (CPI), was 0% in October, the report published by the US Bureau of Labor Statistics showed on Thursday. On a yearly basis, the CPI declined to 1.2% from 1.4% in September. Further details of the publication revealed that the …

There were 709,000 initial claims for unemployment benefits in the US during the week ending November 7th, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed last week’s print of 757,000 (revised from 751,000) and came in better than the market expectation of …

The European Union (EU) supported a small trade agreement with the United States that will see the removal of tariffs on American lobsters, as the US awaits a new administration, Reuters reported. The agreement, which was reached in August, will remove 8% to 12% tariffs on the imports of lobsters, …

Data released by the Mortgage Bankers Association showed that mortgage applications in the United States fell 0.5% in the week ending November 6th.It marked the first drop in three weeks, after an increase of 3.8% in the previous period. The average contract interest rate for 30-year fixed-rate mortgages with conforming …

Job openings in the United States showed a modest increase in September, as the market recovers from the impact of the COVID-19 crisis, data showed on Tuesday. The job openings rose by 84,000 to 6.4 million by the end of September, according to the U.S. Department of Labor’s monthly Job …

The headlines of the US election were dominating the markets past week with the intense competition between Trump and Biden, which Biden settled by a difference of votes, here are the highlights of the past week. The US Federal Reserve decided to keep interest rates near zero at 0.25% while …

Joe Biden has been elected the 46th President of the United States according to AP.  The former Vice-President has pulled ahead in Pennsylvania. The latest batch of votes from the Keystone State put Biden ahead by around 34,000 votes ahead of President Donald Trump.

Bilateral trade between France and the United States could be better if the Democratic nominee Joe Biden wins the elections, according to the French Minister of Trade, Franck Riester. France would surely see an improvement in relations. We would be more aligned on matters of sustainable development and perhaps also …

Former Vice President Joe Biden has taken a small lead in the battleground state of Pennsylvania against US President Donald Trump with 95% os the estimated votes tallied so far, Reuters reported, citing Edison Research. According to the latest figures, Biden has 49.4% and Trump has 49.3% in the state.

Nonfarm Payrolls (NFP) in the US rose by 638,000 in October, the data published by the US Bureau of Labor Statistics showed on Friday. This reading followed September’s increase of 672,000 (revised from 661,000) and beat the market expectation of 600,000. Further details of the publication revealed that the Unemployment …