Economy
Hong Kong Tourism-linked Stocks Fall As Virus Spooks Investors
Funds - Published date: .
Airlines were among the worst hit stocks. Cathay plunged more than four percent and Air China tumbled nearly six percent... Read more
US Housing Starts Soar 16.9% In December To A 13-year High
AMERICA - Published date: .
U.S. homebuilding surged in December as activity increased across the board, suggesting the housing market recovery was ... Read more
Manufacturers To Spend $26.2 Billion On 'upskilling' In 2020 To Attract And Keep Workers
AMERICA - Published date: .
With a skills gap plaguing manufacturing, companies are spending big to train their current workforce and ensure a pipel... Read more
US Manufacturing Output Rises Unexpectedly
AMERICA - Published date: .
U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in p... Read more
Trump To Nominate Shelton, Waller To Serve On Fed
AMERICA - Published date: .
President Donald Trump will pick two economists, Judy Shelton and Christopher Waller, to serve on the Federal Reserve Bo... Read more
Here's Why A Sluggish Manufacturing Sector May Bounce Back Soon
AMERICA - Published date: .
Purchasing managers have been gloomy on manufacturing for the past five months, but the sector now looks like it could b... Read more
The Pickup Truck Indicator Shows The Economy Is Strong
AMERICA - Published date: .
One firm analyzed pickup truck sales in order to get a read on the state of small businesses in the United States. Read more
US Weekly Jobless Claims Drop Unexpectedly
AMERICA - Published date: .
The number of U.S. workers filing new claims for unemployment benefits unexpectedly fell last week, pointing to continue... Read more
US Retail Sales Climb In December, And November Sales Were Revised Up
AMERICA - Published date: .
U.S. retail sales were expected to climb 0.3% in December, up slightly from the 0.2% increase a month earlier. Read more
Weekly Mortgage Applications Soar 30% As Homebuyer Demand Hits The Highest Level In 11 Years
AMERICA - Published date: .
Purchase application volume hit the highest level since October 2009, rising 16% for the week and 8% from a year ago, ac... Read more
US Producer Prices Barely Rise As Services Remain Subdued
AMERICA - Published date: .
The U.S. producer price index was expected to increase by 0.2% in December, compared with a flat reading a month earlier... Read more
Fed Could Use Negative Rates If US Recession Strikes, Goldman Sachs Chief Economist Predicts
AMERICA - Published date: .
The Federal Reserve could announce negative rates in the future, despite its current doubts about this unconventional me... Read more
US Consumer Prices Gain Slightly; Underlying Inflation Tame
AMERICA - Published date: .
U.S. consumer prices rose slightly in December and monthly underlying inflation pressures retreated. Read more
US Budget Deficit Topped $1 Trillion In 2019 For The First Time In Seven Years
AMERICA - Published date: .
The budget shortfall hit $1.02 trillion for the year, a 17.1% increase from 2018, which itself had seen a 28.2% jump fro... Read more
Here's Where The Jobs Are — In One Chart
AMERICA - Published date: .
CNBC studied the net change in employment by industry for December based on data from the Labor Department. Read more
Manufacturing Jobs Are 'tough To Fill' And Stand Out As The Weak Spot In The Employment Picture
AMERICA - Published date: .
It's not that the jobs aren't there: There were still 477,000 open positions as of October. Read more
Job Market Ends 2019 With Disappointing 145,000 Growth In Payrolls
AMERICA - Published date: .
The U.S. jobs market ended 2019 on a sour note, with December's payroll and wage growth missing expectations, according ... Read more
Nearly All Corporate CFOs Say The Economy Is Going To Slow And The Stock Market Is Overvalued
AMERICA - Published date: .
Chief financial officers at big U.S. companies enter 2020 on a cautious note. Read more
Weekly Jobless Claims Fall But Number Of Unemployed Surged To A More Than 1 1/2-year High
AMERICA - Published date: .
New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling... Read more
Fed Policy Is In A 'good Place' But Will Remain Flexible On Rates And Repo, Vice Chairman Says
AMERICA - Published date: .
Richard Clarida said rate cuts last year helped quell worries over global weakness. Read more
