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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
The number of Americans who applied for unemployment benefits fell by 2,000 to 241,000 in mid-March, as layoffs remained near the lowest level in decades. Economists polled by MarketWatch has expected initial jobless claims to total 240,000 in the seven days stretching from March 5 to March 11.
READ MOREMost U.S. retailers posted strong sales in January, even beleaguered department stores, perhaps a sign that higher consumer confidence since the election has encouraged Americans to spend more. Retail sales rose 0.4% last month following a much bigger gain in December than originally reported, the government said Wednesday.
READ MOREThe prices Americans pay for goods and services surged in January by the largest amount in four years, mostly reflecting a rebound in the cost of gasoline that’s taking a bigger chunk out of household incomes. The consumer price index, or cost of living, rose by a seasonally adjusted 0.6% in January. Economists polled had
READ MOREThe Federal Reserve Bank of Philadelphia’s monthly index on regional manufacturers fell to 32.8 in March from 43.3 in February, which was the highest reading in 33 years, according to data released Thursday. Economists polled by MarketWatch had expected the Philly Fed gauge to pull back to 30 in March
READ MOREJanuary Industrial Production -0.3% vs. estimates of 0.1%. Capacity Utilization 75.3% vs. estimates of 75.6%. This is weaker data than expected, but not a major market mover.
READ MOREConstruction on new houses climbed 3% in February to the second highest level since 2007, reflecting pentup demand in a steadily growing economy that builders are aiming to address. The pace of so-called housing starts rose to an annual rate of 1.29 million last month, with construction on single-family homes hitting the highest level since
READ MOREThe Bank of England on Thursday left its key interest rate at a record low 0.25%, meeting widely held expectations. The vote to hold the rate steady was 8-1, with board member Kristen Forbes backing a rate increase. The central bank left unchanged the size of its asset purchase program at £435 billion ($533 billion)
READ MOREDecember Business Inventories 0.4% vs. estimates of 0.4%, while the NAHB Home Builder’s Sentiment Index 65 vs. estimates of 67. All eyes on Janet Yellen and these will not be a large factor for today pricing.
READ MOREU.S. government-bond yields rose Thursday as Treasury prices gave back some of the ground gained a day earlier in a sharp rally following the Federal Reserve’s widely anticipated rate increase. The yield on the 10-year Treasury note rose 1.6 basis points to 2.52%, according to Tradeweb, while the 2-year yield rose 0.8 basis point to
READ MOREManufacturing output gained 0.5% in February, the sixth straight monthly increase. Economist had expected a 0.3% rise in output in February. This followed a revised 0.1% decline in January, a bit faster than the original reading of a 0.3% decline. Industrial output has been in an up-and-down pattern since last fall. Compared with the same
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