Jobless claims rise, but four-week average at two-month low
WASHINGTON, April 27 (Reuters) - The number of Americans
Tech earnings power Nasdaq to record high; S&P, Dow flat
(Reuters) - The Nasdaq hit a record intraday high on Thursday, powered by a string of strong earnings from technology companies, while the S&P 500 and the Dow were little changed.
U.S. economy likely barely grew in first quarter: Atlanta Fed
NEW YORK (Reuters) - The U.S. economy likely expanded at just a 0.2 percent annualized pace in the first quarter, following weaker-than-forecast data on durable goods orders and advance data for the goods trade balance in March, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday.
U.S. pending home sales fall 0.8 percent in March
WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes fell in March as a lack of properties for sale curbed activity, the National Association of Realtors said on Thursday.
U.S. business spending likely gained momentum in first quarter
WASHINGTON (Reuters) - New orders for U.S.-made capital goods rose less than expected in March, but a second straight monthly increase in shipments suggested business investment accelerated in the first quarter amid a recovering energy sector.
Trump's plan to slash business taxes seen as 'guidepost' by congressional Republicans
WASHINGTON (Reuters) - President Donald Trump unveiled a one-page plan on Wednesday proposing deep U.S. tax cuts, many for businesses, that would make the federal deficit balloon if enacted, drawing a cautious welcome from fiscal conservatives and financial markets.
Trump says 'will renegotiate' NAFTA deal with Canada, Mexico
WASHINGTON (Reuters) - President Donald Trump expressed optimism on Thursday the United States, Canada and Mexico can successfully renegotiate a trade accord he deems unfair to American interests but vowed to scrap the 23-year-old pact if a "fair deal for all" cannot be reached.
U.S. Congress takes steps to push budget deadline, avert shutdown
WASHINGTON (Reuters) - The U.S. Congress took steps to extend until May 5 the deadline for reaching a deal on federal spending through September and head off a feared government shutdown at midnight on Friday.
ECB nods to euro zone recovery but keeps money taps wide open
FRANKFURT (Reuters) - The European Central Bank stuck to its ultra-easy policy stance on Thursday as inflation continues to undershoot its target but explicitly acknowledged the vigor of the euro zone economy, now on its best run since the global financial crisis.
U.S. 30-year mortgage rates rise from 5-month lows: Freddie Mac
NEW YORK (Reuters) - U.S. 30-year mortgage rates rose in the latest week, rebounding from five-month lows in step with a rise in bond yields, following the first round of the French presidential election on Sunday, according to mortgage finance agency Freddie Mac