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US consumer confidence dips in May, Conference Board says
American consumers were in a slightly dourer mood in May with assessments of current conditions less positive and their outlooks still gloomy, the results of a survey revealed.
US home prices rise again in March, S&P Case Shiller index shows
Home prices in the States rose for a second straight month in March, helped by a dearth of available inventory, the results of a closely watched survey revealed.
Sunday share tips: Bango, Harworth
The Sunday Times's Lucy Tobin recommended shares of Bango to readers, telling them that the price had further to run even after their year-to-date surge.
Sunday newspaper round-up: Debt deal, Rolls-Royce, supermarkets
The legislation needed to implement the debt deal agreed between president Joe Biden and House speaker Kevin McCarthy is being urgently worked on so that it can be put to a vote in Congress. Lawmakers were expected to be given the details of the agreement on Sunday with McCarthy aiming for it to be brought to the floor of the House on Wednesday. Biden was nevertheless confident that the deal would pass in Congress. - Guardian .
Europe close: Stocks rebound on reports of US debt ceiling progress
European shares rebounded on Friday, driven by rising mining stocks and as talks on the US debt ceiling crept towards a resolution.
Week ahead: US non-farm payrolls, China factory PMI in focus
All eyes over the coming holiday-shortened week would be on the ongoing debt ceiling talks and the latest non-farm payrolls report in the US.
US consumer confidence slips in May, price expectations fall, University of Michigan says
Consumer confidence in the US slipped in May amid the uncertainty around the debt ceiling crisis and concern about a potential recession, the results of a closely followed survey revealed.
US open: Stocks jump amid reports of progress in debt ceiling talks
Stocks on Wall Street were trading on the front foot at the end of the week as investors assessed signs of progress in debt ceiling negotiations.
US personal spending rebounds in April, price gains pick up
Americans resumed splashing out last month, pushing the savings rate lower.
US visible trade deficit yawns wider in April
America's visible trade deficit yawned wider last month as exports shrank rapidly.
Europe close: Stocks slip amid US debt ceiling concerns, Technology a bright spot
European shares slipped a bit on Thursday with gains in the technology space managing to lift them off their lows of the session, despite the US debt ceiling impasse.
Friday preview: US inflation data, UK retail sales figures in focus
All eyes at the end of the week would continue to be trained on the debt ceiling negotiations in the States.
Fed's Collings open to rate hike pause in June
A top US central bank official said that soon, if not now, be the time for a pause in interest rate hikes.
US pending home sales remain flat in April
Home sales in the US were flat last month amid limited inventory and due to the hurdle posed by affordability.
US open: Nvidia results buoy Wall Street, but debt talks still in focus
Wall Street's main market gauges were mostly in the green, boosted by bumper results from chip-maker Nvidia on the back of demand for AI products.
Weekly US jobless claims edge up, prior week tally revised markedly lower
The US jobs market remained tight during the preceding week, the latest government data on jobless claims filings showed.
Fed's Waller sounds 'hawkish' note on outlook for rates
A top US central bank official said he could support a further 25 basis point interest rate hike at the 13-14 June policy meeting, depending on how the economic data came in between now and then.
Europe close: Stocks slump amid debt ceiling impasse, core UK CPI surprise
European shares slumped on Wednesday as US debt ceiling talks dragged on and UK inflation fell by less than expected, raising the prospect of yet another increase in British interest rates next month as soaring food prices led to a rise in the country's core CPI.
Sector movers: Homebuilders pace losses after core CPI surprise
Homebuilders were at the bottom of the pile on Wednesday following the release of data showing an unexpected acceleration in core consumer prices.
Thursday preview: US Q1 GDP, German consumer confidence in the spotlight
All eyes on Thursday were likely to continue to be on the ongoing debt ceiling talks in the States.