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This is a discussion on USD News within the Analytics and News forums, part of the Trading Forum category; Consumer confidence in the U.S. deteriorated significantly in the month of April, according to a report released by the Conference ...

      
   
  1. #1031
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    U.S. Consumer Confidence Deteriorates Sharply In April But Expectations Improve

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    Consumer confidence in the U.S. deteriorated significantly in the month of April, according to a report released by the Conference Board on Tuesday, although the report also showed an improvement in consumer expectations. The Conference Board said its consumer confidence index plunged to 86.9 in April after tumbling to a downwardly revised 118.8 in March.

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    U.S. Weekly Jobless Claims Drop To 3.839 Million

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    A report released by the Labor Department on Thursday showed a notable decrease in first-time claims for U.S. unemployment benefits in the week ended April 25th, although claims remain at a significantly elevated level.

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    The IRS is looking for contractors who will facilitate the taxing of cryptocurrency profits in the United States of America.
    The agency is looking for such outside services so that they will calculate people’s profits and losses from digital currency exchange activity.

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  4. #1034
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    U.S. Wholesale Inventories Rise Slightly Less Than Expected In April

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    Wholesale inventories in the U.S. increased by slightly less than expected in the month of April, according to a report released by the Commerce Department on Tuesday. The Commerce Department said wholesale inventories rose by 0.3 percent in April after tumbling by a revised 1.1 percent in March.

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  5. #1035
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    U.S. Trade Deficit Widens More Than Expected

    With the value of exports falling by much more than the value of imports, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of May. The Commerce Department said the trade deficit widened to $54.6 billion in May from a revised $49.8 billion in April.

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  6. #1036
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    U.S. Consumer Credit Slumps More Than Expected

    After reporting a sharp drop in U.S. consumer credit in the previous month, the Federal Reserve released a report on Wednesday showing consumer credit continued to decline in the month of May.

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  7. #1037
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    Fed's Beige Book Notes Economic Activity Remains Well

    While U.S. economic activity increased in almost all Federal Reserve districts in recent weeks, the central bank's Beige Book noted activity remained well below where it was prior to the COVID-19 pandemic.

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