First increase in seven months
Weekly jobless claims jump sharply
Commodities selloff putting pressure on currency
Sharp contraction in manufacturing
Monthly gain offsets drop in December
Economists point to seasonal pressures
U.S. wholesale price growth slowed in February on falling food prices, but accelerated in consumer products, automobiles and prescription drugs, signaling that inflation risks remain in the U.S. economy.Meanwhile, U.S. home construction dipped in February, reflecting a sharp drop in the Northeast, while permits for future groundbreakings plunged to the lowest level in 16 years. […]
Markets pounded as Bears buyout sparks panic
Passenger car sales rise 16%
Sector rebounds after dismal December