Economy
Economic news and global market trends
U.S. Trade Deficit Narrows to $29.4 Billion in October Amid Rising Exports
The U.S. trade deficit shrank significantly in October, fueled by increased exports and declining imports, indicating shifting market dynamics.
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Initial Unemployment Claims Rise to 208,000 As Four-Week Average Drops
Initial unemployment claims increased to 208,000, while the four-week moving average fell to 211,750, reflecting labor market trends.
Read full story →Services Sector Expands in December as ISM® Index Reaches 54.4%
The ISM® Services Index rose to 54.4% in December, signaling robust expansion in the services sector, highlighted by pronounced gains in employment and new orders.
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U.S. Job Openings Dip to 7.1 Million in November, Reflecting Labor Market Stabilization
Job openings in the U.S. fell to 7.1 million in November, indicating potential stabilization in the labor market amid unchanged hiring rates.
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December Light Vehicle Sales Reach 16.0 Million SAAR, Marking Moderate Growth
Light vehicle sales in December hit 16.0 million SAAR, a 1.9% increase from November but down from the previous year, with 2025 showing overall growth.
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