By Granth Vanaik (Reuters) -Dollar General on Thursday warned of constrained customer spending, especially in categories such as clothes and home goods, heading into the new year even as the discount retailer beat analysts’ estimates for the third quarter. The company’s shares, which rose as much as 4% in early…

U.S. consumers can’t seem to shake the feeling that their dollars don’t go as far as they used to. Wages are outpacing inflation. The economy is growing. Investors are pre-emptively celebrating the end of the Federal Reserve’s interest-rate hikes. But consumers are still in a rotten mood — and most are…

(Reuters) – Interest rates on the most common type of U.S. home loan fell for a sixth straight week to the lowest in almost four months on the back of a bond market rally that has driven down yields on the securities used to set mortgage costs, data out Thursday…

Market-implied expectations for inflation over the next 10 years are slipping closer to 2% amid renewed confidence that the Federal Reserve will manage to control price gains in the long run. The 10-year breakeven rate was roughly 2.16%, little changed versus Wednesday’s level and down from 2.5% in October. The…

By Khushi Singh, Ankika Biswas and Bansari Mayur Kamdar (Reuters) -European shares paused on Thursday afters recent strong gains, while data in Germany added to worries that the industrial sector will continue to drag on euro zone’s largest economy. The pan-European slipped 0.3% after touching a more than four-month high…

Stock-index futures on Friday are characteristically choppy following the release of a stronger than expected U.S. nonfarm payrolls report.To reignite the rally that took the S&P 500 SPX up 8.9% in November alone, equity bulls wanted a jobs print that showed the labor market is gently cooling so that the…

(Reuters) -Tesla’s Dojo supercomputer project lead Ganesh Venkataramanan has left the company, Bloomberg News reported on Thursday citing people familiar with the matter. Peter Bannon, a former Apple (NASDAQ:) executive and director at Tesla (NASDAQ:) for the last seven years, is now leading the project, the report said. The Dojo…

Friday’s official job report spurred a bit of a rethink about how quickly the Federal Reserve can cut borrowing costs, and pushed Treasury yields up by more than any time in months. The readjustment of expectations sent the policy-sensitive 2-year rate BX:TMUBMUSD02Y up by 16 basis points to 4.725%, the…

By David Brunnstrom and Michael Martina WASHINGTON (Reuters) -It is essential the U.S. Congress approves new agreements with three Pacific island states, the U.S. Indo-Pacific coordinator Kurt Campbell said on Thursday, stressing that China is waiting to take advantage if the U.S. fails to fulfill its commitments. Campbell made the…

The strong U.S. labor market finally appears to be simmering down after a long stretch of rapid hiring. Here’s what to watch for in the November jobs report due Friday morning. The forecast The U.S is expected to add solid 190,000 jobs in November following a 150,000 gain in the…