Posts

Showing posts with the label MarketWatch - Bulletin | Market Pulse

Weekly U.S. initial jobless claims drop by 12,000: MarketWatch - Bulletin | Market Pulse

Image
By Jeffry Bartash    WASHINGTON (MarketWatch) - New applications for unemployment compensation fell by 12,000 last week to 409,000, the Labor Department said Thursday. Initial claims from two weeks ago were revised up to 421,000 from an original reading of 417,000. Economists surveyed by MarketWatch had expected new requests for jobless benefits to drop to 405,000 in the week of Aug. 27 on a seasonally adjusted basis. The average of new claims over the past four weeks, meanwhile, rose by 1,750 to 410,250. The monthly average is seen as a more accurate gauge of labor trends because it smoothes out volatility in the week-to-week data. About 7.34 million people received some kind of state or federal benefit in the week of Aug. 13, up 45,531 from the prior week. The number of Americans who continue to receive regular state unemployment checks decreased by 18,000 to 3.74 million in the week ended Aug 20.

Intel Reports Higher Revenue / Dow Falls 15 points: MarketWatch - U. S. Stock Market At Close

Image
Intel reports higher quarterly profit and revenue Dow industrials fall 15 points as U.S. stocks finish in the red

May consumer spending flat, weakest in almost year: MarketWatch - Bulletin | Market Pulse

Image
Market Pulse Archives June 27, 2011, 8:30 a.m. EDT By Greg Robb    WASHINGTON (MarketWatch) -- Consumer spending was flat in May, the weakest reading since June 2010, the Commerce Department reported Monday. Personal income rose 0.3%. Wall Street economists had expected a 0.3% increase in incomes and a 0.1% gain in spending. The savings rate rose to 5.0% from 4.9% in April. Excluding inflation, disposable incomes rose 0.1 in May after falling 0.1% in April. Spending adjusted-for-inflation fell 0.1% for the second straight month. The personal consumption expenditure price index rose 0.2% in May and is up 2.5% in the past year. The core rate rose 0.3% in May, up from the 0.2% gain forecast and the biggest gain since October 2009. Over the past year, core inflation is running at a 1.2% rate, still below the Fed's implicit target