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Private sector adds more jobs than expected in January

Jobs

Private-sector employers added 192,000 jobs in January, more than economists were expecting, in a sign of growth in the labor market, a report by a payrolls processor showed on Wednesday.

 

How Harley-Davidson explains the U.S. economy

Harley-Davidson is more than just an iconic American brand. It is also a surprisingly good reflection of the forces shaping the U.S. economy as a whole. The motorcycle company reported its fourth quarter earnings Tuesday, and the details show a firm that is as typically American as the roaring sound of a hog on the highway.

 

Home prices see best yearly gain since 2006

Home Prices

Home prices rose in November to rack up their best yearly gain since the housing crisis began, a further sign that the sector is on the mend.

 

US economy gets lift from housing, other tailwinds

The U.S. economy is a study in contrasts. The housing, banking and auto industries are surging back to health and that has helped push the stock market to a five-year peak. Higher prices for homes and stocks tend to make people feel wealthier and spend more.

 

Tight inventory slows US pending home sales

Pending Home Sales

A measure of Americans who signed contracts to buy homes fell last month after reaching a 2 1/2-year high in November. Sales were held back by a limited supply of available homes. The National Association of Realtors said Monday that its seasonally adjusted index for pending home sales dropped 4.3 percent in December from November to 101.7. That's still 6.9 percent higher than a year ago.

 

Debate Shifts at Fed to Easing Its Efforts to Spur Economy

The Federal Reserve has left little doubt about its plans, but inside the central bank, debate is moving from whether the Fed should do more to stimulate the economy to when it should start doing less.

 

Slight tick upward in U.S. gas prices

U.S. gasoline prices crept up by about 2 cents per gallon over the past two weeks, but higher crude oil prices are likely to mean more small increases on the horizon, the latest Lundberg Survey concluded Sunday.

 

Fragile economy, other global woes dominated Davos

The fragile state of the world economy, coupled with the relentless turmoil in Syria and the rocky fallout from the Arab Spring, dominated discussions during this year's annual gathering of the global elite at Davos, leaving many participants uneasy about what lies ahead as they left for home Sunday.

 

Indonesia readies for $1 trillion trade talks

Indonesia may hold the key to a $1 trillion injection into the global economy. That's how much the World Trade Organization believes is riding on talks later this year in Bali, when trade ministers hope to cut through some of the red tape that slows global commerce.

 

US new-home sales fell in Dec., sales for year up

Sales of new U.S. homes cooled off in December compared with November, but sales for the entire year were the best since 2009.

 

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