Latest News Updates From Reade Pickert

Business

Americans Are Unhappy at Work After Years of Economic Gains

The economy has added millions of jobs and pay gains have accelerated in recent years, but Americans aren’t crazy about their work.

October 23, 2019
Government, Business

Trade Gap With China Narrows as Exports Hit Five-Month High

The United States’ merchandise trade deficit with China narrowed in August as exports rose to a five-month high, a possible sign of goodwill from the Asian nation as the countries try to resolve their trade war.

October 4, 2019
Government, Business

Services Gauge Drops to Three-Year Low

America’s service industries joined manufacturing in taking a big step back last month, fueling concerns that the global slowdown and trade war are weighing more on the broader economy. Stocks, the dollar and Treasury yields all fell after the report.

October 3, 2019
Government, Business

Factory Gauge Hits 10-Year Low as Employment Wobbles

A measure of U.S. manufacturing unexpectedly fell deeper into contraction, posting the weakest reading since the end of the last recession as a global slowdown and the U.S.-China trade war increasingly weigh on the sector.

October 1, 2019
Government, Business

°®¶¹´«Ã½ Price Index Rises at Slowest Pace Since 2012

°®¶¹´«Ã½-price gains in 20 U.S. cities decelerated in July for a 16th straight month, as values proved still too elevated for buyers despite low mortgage rates.

September 24, 2019
Business

°®¶¹´«Ã½ Construction Jumps to Highest Level Since 2007

U.S. home construction surged in August to the fastest pace since mid-2007 on more apartment projects and single-family houses, a welcome sign for the housing sector that has struggled to gain momentum.

September 18, 2019
Government, Business

Job Growth Misses Estimates in August With 130,000 Increase

Companies’ hiring stumbled in August, likely cementing expectations for a second straight Federal Reserve interest-rate cut as trade uncertainty and softer global growth weigh on the outlook.

September 6, 2019
Business

Consumer Comfort Climbs to Five-Week High

U.S. consumer comfort bounced back to a five-week high as assessments of personal finances reached the second-highest level since 2000, offering hope American households can continue to fuel the economic expansion.

September 5, 2019
Government, Business

Consumer Sentiment Falls Most Since 2012

U.S. consumer sentiment fell the most in six years, slumping to the lowest level of Donald Trump’s presidency as Americans expressed concern about how his tariffs will affect the economy.

August 30, 2019
Government, Business

US Goods-Trade Deficit Narrowed to Three-Month Low

The U.S. merchandise-trade deficit unexpectedly narrowed in July to a three-month low as exports picked up and imports declined.

August 29, 2019