Kevin Logan News
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Companies kept expanding headcounts in January and revisions to previous months’ showed even bigger gains as the U.S. job market made further strides.
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Depending on which Labor Department survey is used, employment in the U.S. either surged the most in 29 years or grew the least in three months.
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Kevin Logan, chief U.S. economist at HSBC Securities USA Inc. in New York, says strong economic growth in emerging economies "will keep upward pressure" on energy prices. Logan talks with Bloomberg's Ken Prewitt and Tom Keene on Bloomberg Radio's "Bloomberg Surveillance."
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Sales at retailers rose less than forecast in January, showing it will be difficult for American consumers to sustain last quarter’s pickup in spending without bigger gains in employment.
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Michael Busick says his credit union “was shocked” to discover his credit score was 812 of a possible 850 when he applied for a $19,500 new-car loan.
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Orders for durable goods fell in October as demand for aircraft and business equipment cooled, indicating a slowing global economy may temper purchases of U.S. manufactured goods.
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Production jumped twice as much as forecast in July, signaling manufacturing is shouldering a U.S. economic recovery that is showing signs of moderating in the second half of the year.
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Service industries in the U.S. probably expanded in September at a slower pace, showing the recovery is struggling to gain speed, economists said before a report today.
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An overview of activity since markets closed in Sydney and a preview of the day ahead.
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Consumer confidence climbed more than forecast in August as Americans turned less pessimistic about the outlook for jobs, easing concern households will retrench.
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