The Marked Chart Wire · Economy and the Fed
Jobless Claims
US jobless claims rise slightly to 199,000 last week
Initial jobless claims rose to 199,000 last week, above the 200,000 estimate and the 197,000 figure reported for the prior week.
More Economy and the Fed news
Jobless Claims
US jobless claims fall to 194,000 for the week ending October 17
Initial jobless claims dropped 6,000 to 194,000 for the week ending October 17, below the expected 200,000. The prior week's figure was revised up to 200,000, while continuing claims rose 25,000 to 1,728,000.
Fed
Trump and Warsh public feud raises Wall Street concerns
A public disagreement between President Trump and Federal Reserve Chair Kevin Warsh is escalating, potentially creating uncertainty for financial markets.
Consumer Sentiment
University of Michigan consumer sentiment rises above expectations in October
The University of Michigan consumer sentiment index rose to 48.0 in October, beating the 46.3 forecast and the 46.3 reading from the prior month. One-year and five-year inflation expectations held steady at 4.7 percent and 3.5 percent.
PMI
US services activity slows in October as PMI falls below forecast
The S&P Global flash services purchasing managers index fell to 57.9 in October, below the 58 forecast and down from 58.8 in September.
Manufacturing PMI
US manufacturing activity expands faster than expected in October
The flash S&P Global manufacturing PMI for October came in at 56, beating the 55.5 forecast and the 55.9 reading from September.
Retail Sales
Canadian retail sales rise 1.2% in october
Canadian retail sales increased 1.2% in October, exceeding the forecast of 1.3% but missing the previous month's -0.7% decline.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.