Economy


Jobs Report Should Show Solid But Slower Trend Of Hiring

AMERICA - Published date: .

The economy is expected to have added 165,000 jobs in July, a drop of about 60,000 from June and possibly the start of a... Read more

Beijing Responds To Trump's New $300 Billion Tariff Threat

AMERICA - Published date: .

China's foreign ministry reportedly said Friday that while Beijing did not want a trade war with the U.S., it was not af... Read more

Goldman: Here's China's Likely Next Step To Trump's New Trade Threat

AMERICA - Published date: .

U.S. President Donald Trump on Thursday said Washington will apply 10% tariffs on $300 billion of Chinese goods starting... Read more

Trump's New Tariffs Show He's Reading China All Wrong, Risk Consultancy Warns

AMERICA - Published date: .

President Donald Trump's threat to impose 10% tariffs on another $300 billion of Chinese goods is a serious gamble, Eura... Read more

'It's Unclear What The End Game Is,' Former US Ambassador Says Of Trump's Trade War With China

AMERICA - Published date: .

President Trump has been "wildly unpredictable" and it's not clear what the end game for the trade war is, says ex-U.S. ... Read more

Gauge Of US Manufacturing Hits Lowest Since September 2009, Raising Concerns About The Economy

AMERICA - Published date: .

The IHS Markit Manufacturing Purchasing Managers' Index fell to 50.4 in July. Read more

US Weekly Jobless Claims Rise Moderately

AMERICA - Published date: .

The number of Americans filing applications for unemployment benefits increased last week. Read more

Fed Chairman Powell Says Rate Move Was A 'midcycle Adjustment,' Hinting More Cuts Not A Guarantee

AMERICA - Published date: .

Federal Reserve Chairman Jerome Powell said the central bank's rate cut was part of an ongoing move to adjust to economi... Read more

Two Fed Officials Disagree With Decision To Cut Interest Rates

AMERICA - Published date: .

Two FOMC members disagreed with the central bank's decision to cut interest rates Wednesday. Read more

Here's What That Fed Rate Cut Means For Your Finances

AMERICA - Published date: .

Everything from credit cards to car loans are generally based on a benchmark rate, which in turn is influenced by the Fe... Read more

Former Fed Chair Janet Yellen Says She's In Favor Of An Interest Rate Cut

AMERICA - Published date: .

Former Federal Reserve Chair Janet Yellen said she supports a 25-basis-point cut in the U.S. benchmark interest rate due... Read more

The Fed Is About To Cut Rates For The First Time Since 2008 As Trade War Weighs On Economic Growth

AMERICA - Published date: .

The Fed is expected to cut rates by a quarter point, in a preventative move aimed at limiting the impact of trade wars o... Read more

Recount Shows Trump Didn't Get His 3% Growth In 2018 After All

AMERICA - Published date: .

The government's latest update on economic output dashed the Trump administration's longstanding hope for 3% GDP growth ... Read more

GDP Slows To 2.1% In Second Quarter But Beats Expectations Thanks To Strong Consumer

AMERICA - Published date: .

Growth decelerated in the second quarter, but not by as much as Wall Street thought. Read more

US Growth Could Be Weakest In More Than Two Years But Latest Data Might Not Affect Fed's Next Move

AMERICA - Published date: .

The GDP report will likely have little bearing on the Fed when it holds its rates meeting next week. Read more

US Weekly Jobless Claims Fall To A 3-month Low

AMERICA - Published date: .

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, pointing to continued... Read more

US Factory Orders For Large Manufactured Goods Surged 2% In June

AMERICA - Published date: .

Orders for long-lasting factory goods were expected to rise 0.7% in June, after sliding 1.3% a month earlier. Read more

MSCI: 'Still Room For Further Losses' Under Hard Brexit

Markets - Published date: .

Despite the devaluation of sterling and underperformance of UK equities already witnessed as a consequence of Brexit, t... Read more

MSCI: 'Still Room For Further Losses' Under Hard Brexit

Markets - Published date: .

Despite the devaluation of sterling and underperformance of UK equities already witnessed as a consequence of Brexit, ... Read more

MSCI: 'Still Room For Further Losses' Under Hard Brexit

Markets - Published date: .

Despite the devaluation of sterling and underperformance of UK equities already witnessed as a consequence of Brexit, ... Read more