News

US industrial output rose 0.9% last month, mostly because of increased activity by manufacturers and utilities, according to the Federal Reserve. The expansion, the first since July, is triple the improvement expected by economists polled by MarketWatch.

There was a decrease in the number of bonds and stocks companies registered to sell in January, indicating that capital markets activity may decline, according to data from CUSIP Global Services. Companies are wary of entering the markets while they […]

Core US retail sales grew 0.6% in January, reversing a 0.3% decline in December, the Commerce Department said. Also, a University of Michigan survey found that consumers are generally optimistic and say their purchasing power will benefit from low inflation.

The Federal Reserve’s first interest-rate increase in nine years isn’t the reason markets are volatile, says Janet Yellen, head of the central bank. The increase had little effect on markets because investors expected it, she told the Senate banking committee. […]

Despite challenges globally and in the US, Federal Reserve Chair Janet Yellen said the central bank isn’t planning to reverse course. “I don’t think it is going to be necessary to cut rates,” she told the House Financial Services Committee. […]

Federal Reserve Chair Janet Yellen is due to address Congress this week. She could take a balanced approach in her testimony, touting the positive aspects of the economy while noting rising global risks. Observers will be watching for hints of […]

Treasury Department data show that 4,279 people renounced their US citizenship or long-term residency last year — a new record. The growing number of renunciations may be linked to a campaign by the US to step up enforcement efforts against […]

The US economy gained 151,000 jobs in January, and the unemployment rate edged down to 4.9%, according to the Labor Department. The unemployment rate dropped below 5% for the first time since 2008.

The value of the dollar has tumbled in recent days against other major currencies. The data add to evidence that the economy might be taking a turn for the worse, something analysts will have in mind as they await January’s […]