US economy

The gap in goods and services trade grew 24.4% from the prior month to US$88.6 billion

Financial markets are pricing about a 65% chance of a rate hike this month

Factory orders rose 0.9% after a revised 0.2% drop in June

[WASHINGTON] US private payrolls increased moderately in August, the ADP National Employment Report showed on Wednesday (Sep 2).

Job openings had risen by 89,000 to 7.271 million by the last day of July

Manufacturing PMI fell to a still-elevated 54.6 last month from 55.6 in July

Bigger US bond buybacks aimed at avoiding disorderly moves, not setting prices

He must soon decide whether to raise interest rates if inflation does not ease, even if it draws Trump’s ire

The case for Warsh to lean hawkish is greater than the case for him not to