April Housing Starts Up 2.2%

Housing starts posted a modest increase in April, the Census Bureau and HUD reported Wednesday.

April Employment Beats Expectations

The U.S. economy added 253,000 jobs in April, and the unemployment rate fell again to match a 53-year low, beating analyst expectations, the Bureau of Labor Statistics reported Friday.

Employment Show Signs of Slowing

Total nonfarm payroll employment rose by 236,000 in March, the Bureau of Labor Statistics reported Friday—the smallest increase in more than two years, but enough to push the unemployment rate down to 3.5 percent.

Fed Adds 25 Basis Points to Federal Funds Rate

The Federal Open Market on Wednesday raised the federal funds rate by another 25 basis points, a move widely anticipated by analysts and financial markets.

February Housing Starts Up Nearly 10%

February housing starts, permits and completions posted near double-digit percentage increases, ending five months of declines, HUD and the Census Bureau reported Thursday.