The 20-day federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday.
The number of Americans filing new applications for jobless benefits fell last week, economists at JPMorgan and Goldman Sachs estimated on Thursday, but lackluster hiring has left many on unemployment rolls.
The International Monetary Fund revised up Asia's economic growth forecast on Thursday, but warned that renewed escalation in U.S.-China tensions could deal a heavy blow to a region heavily integrated in global supply chains.
The U.S. budget deficit edged lower for 2025 as record-setting tariff collections helped offset what also were unprecedented numbers for payments on the spiraling national debt, the Treasury Department announced Thursday.
Oil prices edged lower on Friday, heading for a weekly loss of nearly 3%, with uncertainty over global energy supplies after U.S. President Donald Trump and Russian President Vladimir Putin agreed to meet in Hungary to discuss ending the war in Ukraine.
A group representing major automakers warned late on Thursday that a chip disruption stemming from a dispute between China and the Dutch government could quickly impact U.S. auto production.