Cheaper gasoline lifts Hostfully travel index as lodging costs weigh
Hostfully’s July index rose 14.3 points as lower fuel prices, better sentiment and AAA’s July 4 travel forecast pointed to firmer...
By Ingrid Halvorsen 1 month agoSection
Economics
Hormuz tensions put ECB rate pause in doubt as oil climbs
Brent’s move above $85 has revived questions over the ECB’s July 22 rate decision after June’s 25 basis point increase.
By Ingrid Halvorsen 1 month ago
AI hiring near Mission Bay draws homebuyer interest to Noe Valley
Nona Ehyaei Real Estate says AI workers are moving from Mission Bay rentals into homes in nearby San Francisco neighborhoods.
By Sarah Jenkins 1 month agoEconomists see modest December US job gains as payroll report nears
Consensus estimates call for 55,000 US jobs added in December and a 4.5% unemployment rate, with Goldman Sachs and BofA above cons...
By Ingrid Halvorsen 1 month ago
US housing starts fell to 1.246mn annual rate in October
Census Bureau data showed a 4.6% monthly drop in housing starts, while permits were nearly flat at a 1.412mn annual pace.
By Ingrid Halvorsen 1 month ago
Home entertainment costs rise as consumers pull back on leisure spending
Price increases across streaming, gaming devices and electricity are making at-home leisure less insulated from inflation, accordi...
By Sarah Jenkins 1 month ago
US hiring slows to 50,000 jobs in December as revisions cut prior months
The unemployment rate edged down to 4.4%, but revised payroll data pointed to a weaker late-year labor market.
By Sarah Jenkins 1 month ago
US housing starts fell to 1.246mn annual rate in October
Calculated Risk said October housing starts were 7.8% below a year earlier, while year-to-date activity was down 0.7%.
By David L. Chen 1 month ago
UK inflation stays at 2.8% as transport costs offset food declines
Britain’s May CPI undershot Reuters-polled expectations, leaving markets largely positioned for a Bank of England rate hold this w...
By David L. Chen 1 month ago
China CPI cools in June as factory-gate inflation accelerates
Consumer inflation slowed to 1% in June, while producer prices rose 4.1%, underscoring weak household demand and cost pressure in...
By Ingrid Halvorsen 1 month ago
US heavy-truck sales fell 32.5% year on year in December
BEA data cited by Calculated Risk showed heavy-truck sales at a 311,000 annualized rate in December, down from 336,000 in November...
By Ingrid Halvorsen 1 month ago
US light vehicle sales rise to 16.0 million annual rate in December
BEA data showed December light vehicle sales up 1.9% from November, while full-year 2025 sales rose 2.4% from 2024.
By Sarah Jenkins 1 month ago