Lucia Mutikani
- Indexed articles, last 90 days
- 5
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- Sep 23, 2026
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- Aug 4, 2026
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U.S. business activity rises to five-year high; inflation pressures build (opens the original)
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U.S. business activity raced to a more than five-year high in September, fuelled by a surge in new orders, though strong demand strained supply chains and pushed prices higher. S&P Global said on Wednesday its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to 58.4 this month. That was the highest level since July, 2021, and followed a reading of 56.0 in August. A reading above 50 indicates expansion in the private sector. The rise in the PMI
U.S. consumer inflation picks up in August, boosting expectations of Fed rate hike (opens the original)
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U.S. consumer prices accelerated in August as the cost of gasoline rebounded after two straight monthly declines, bolstering financial market expectations that the Federal Reserve could raise interest rates next week. The Consumer Price Index increased 0.4 per cent last month after edging up 0.1 per cent in July, the Labor Department’s Bureau of Labor Statistics said on Friday. In the 12 months through August, consumer inflation advanced 3.4 per cent after rising by the same margin in July. Econ
U.S. nonfarm payrolls surge in August; unemployment rate holds at 4.1% (opens the original)
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U.S. job growth accelerated sharply in August while the unemployment rate held steady at 4.1 per cent, pointing to a still stable labour market and keeping an interest rate hike from the Federal Reserve this month on the table. Nonfarm payrolls surged by 162,000 jobs last month after an upwardly revised rise of 21,000 in July, the Labor Department’s Bureau of Labor Statistics said in its closely watched employment report on Friday. Economists polled by Reuters had forecast payrolls would in
U.S. consumer prices rise slightly in July, easing inflation concerns (opens the original)
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U.S. consumer prices barely increased in July as the cost of gasoline declined for a second straight month, while underlying inflation was benign, further reducing the odds of an interest rate hike from the Federal Reserve next month. The small rebound in the monthly Consumer Price Index reported by the Labor Department on Wednesday, which was in line with economists’ expectations, also reflected marginal gains in the prices of food and apparel as well as decreases in the costs of hotels and mot
U.S. trade deficit shrinks in June as both imports and exports decline (opens the original)
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The U.S. trade deficit narrowed in June, but the trend is unlikely to be sustained amid an artificial intelligence build-out that is heavily reliant on imports. Both imports and exports declined in June, the report from the Commerce Department showed on Tuesday. The government last week estimated that the trade gap subtracted a full percentage point from gross domestic product growth in the second quarter. “June’s report showed a welcome narrowing in the trade gap,” said Priscilla Thiagamoorthy,
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