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U.S. consumer spending rises for second straight month, income drops further

U.S. consumer spending increased for a second straight month in June, setting up consumption for a rebound in ...
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Turkey mourns a revered drag artist

HE WAS DEVOUT as a teenager and irreverent as an adult, but always kind, and bequeathed his fortune ...
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Curbing the covid-19 comeback in Europe

THE WAVES of an epidemic tend to rise like a tsunami—slowly, almost surreptitiously, before a precipitous surge. In ...
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Italy has to work out what to do with all its new EU money

TO OPEN A motor-repair business in Italy, you need 86 permits. Opt for something simpler, like selling pizza ...
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Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced shutdown

The U.S. economy saw the biggest quarterly plunge in activity ever, though the plummet in the second quarter ...
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U.S. weekly jobless claims rise for a second straight week, total 1.434 million

The number of Americans who filed new claims for unemployment benefits last week totaled 1.434 million, the Labor Department ...
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Fed holds rates steady, says economic growth is 'well below' pre-pandemic level

The Federal Reserve held interest rates steady in a decision announced Wednesday that came along with a tepid ...
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Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's ...
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Pending home sales surge for the second consecutive month as the Realtors raise their forecast for 2020

A sale pending sign is posted in front of a home for sale in San Anselmo, California. Justin ...
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U.S. goods trade deficit narrows amid signs the global flow of goods is improving

Shipping containers are stacked on a ship docked at Yusen Terminals on Terminal Island at the Port of ...
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The Markets Today