U.S. labor market softening; imported inflation benign

U.S. labor market softening; imported inflation benign
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits increased more than expected last week, suggesting the labor market was slowing, but probably not to the extent implied by a near-stall in job growth in February. FILE PHOTO: Job seekers speak with potential employers at a City of Boston Neighborhood Career Fair on May Day in Boston,... Read More

Dollar General 2019 profit forecast falls short of estimates

Dollar General 2019 profit forecast falls short of estimates
FILE PHOTO: A sign is seen outside a Dollar General store in Chicago, Illinois, U.S. May 23, 2016. REUTERS/Jim Young (Reuters) – Dollar General Corp forecast 2019 profit below analysts’ expectations on Thursday as it ramps up spending on stores, sending the shares of the discount retailer down nearly 5 percent in premarket trading. The company said it expects fiscal... Read More

Dollar General beats quarterly same-store sales estimates, raises dividend

Dollar General beats quarterly same-store sales estimates, raises dividend
FILE PHOTO: A sign is seen outside a Dollar General store in Chicago, Illinois, U.S. May 23, 2016. REUTERS/Jim Young (Reuters) – Dollar General Corp reported better-than-expected same-store sales on Thursday, as its customers spent more on groceries at the discount retailer’s stores, benefiting from an earlier-than-usual issue of food stamps. Same-store sales rose 4 percent in the fourth-quarter ended... Read More

U.S. business spending on equipment increases strongly in January

U.S. business spending on equipment increases strongly in January
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, pointing to solid business spending on equipment at the start of the year. FILE PHOTO: Caterpillar machines are seen at a construction site in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid The stronger-than-expected report from the... Read More

U.S. producer prices rise less than expected in February

U.S. producer prices rise less than expected in February
WASHINGTON, (Reuters) – U.S. producer prices barely rose in February, resulting in the smallest annual increase in more than 1-1/2 years, in the latest sign of benign inflation that supports the Federal Reserve’s wait-and-see approach to further interest rate hikes this year. FILE PHOTO: A shopper walks down an aisle in a newly opened Walmart Neighborhood Market in Chicago in... Read More

Slowing economy keeping U.S. inflation under wraps

Slowing economy keeping U.S. inflation under wraps
WASHINGTON (Reuters) – U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, resulting in the smallest annual gain in nearly 2-1/2 years. FILE PHOTO: Shoppers carry bags of purchased merchandise at the King of Prussia Mall, United States’ largest retail shopping space, in King of Prussia, Pennsylvania, U.S.,... Read More

U.S. consumer prices post first rise in four months

U.S. consumer prices post first rise in four months
WASHINGTON, March 12 – U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, resulting in the smallest annual gain in nearly 2-1/2 years. FILE PHOTO: Shoppers carry bags of purchased merchandise at the King of Prussia Mall, United States’ largest retail shopping space, in King of Prussia, Pennsylvania,... Read More

Prize-winning author, 21 U.N. workers among dead in Ethiopian Airlines crash

Prize-winning author, 21 U.N. workers among dead in Ethiopian Airlines crash
NAIROBI (Reuters) – A prize-winning author, a football official and a team of humanitarian workers were among those who perished in the crash of Ethiopian Airlines Flight 30, government officials and employers said on Monday. Sunday’s crash, minutes after take-off from Addis Ababa for a flight to Nairobi, inflicted a particularly heavy toll on the United Nations, which has large... Read More

Your Money: Pay yourself first? Last is how small biz often works

Your Money: Pay yourself first? Last is how small biz often works
NEW YORK (Reuters) – Everyone knows the Golden Rule of business is to pay yourself first. But more than half of small business owners are going months without pay – if they are taking any at all. FILE PHOTO – An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham About... Read More