US services companies growth rebounds in October
U.S. service companies grew at a faster pace in October after sinking to a three-year low in September.
Private payrolls increase by 125,000 in October, topping expectations
Private payrolls grew at a faster-than-expected pace in October, but the solid growth was offset by a sharp downward revision for the previous month, according to a survey released Wednesday.
U.S. Factory Slump Shows Manufacturing Isn’t the Bellwether It Used to Be
This has been a difficult year for American manufacturers, marked by trade war volleys and a global economy that is running out of steam. Output, investment and employment are down and firms are less optimistic.
Consumers support U.S. economy as business spending slumps
U.S. economic growth slowed less than expected in the third quarter as a further contraction in business investment was offset by resilient consumer spending, further allaying financial market fears of a recession.
Consumers support U.S. economy as business spending slumps
U.S. economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports, further allaying financial market fears of a recession.
Goldman says there are three big stock buyers that will keep the rally going
The S&P 500 surged to a new all-time high on Monday, and Goldman Sachs says the bull market will keep on rolling into 2020 on the back of three big buyers: corporations, foreign investors and US households.
S&P 500 hits record as earnings reports signal a recession is nowhere near
The S&P 500 hit record high on Monday, up more than 20% year to date and completing a rebound from an August sell-off.
JP Morgan says the market is doing so well, it could hit the firm’s 2020 forecast this year
Positive signs on the U.S.-China trade talks prompted investors to dive into stocks again, and J.P. Morgan believes the rally is here to stay and the market could reach the bank’s 2020 target eight months early.
U.S. Companies Preparing for Long-Term ‘Confrontational Relationship’ With China
U.S. companies are preparing for tensions with China to extend far beyond the status of the continuing trade discussions, an executive for the U.S.-China Business Council said Monday.
Robert Shiller: Recession likely years away due to bullish Trump effect
Nobel-prize winning economist Robert Shiller believes a recession may be years away due to a bullish Trump effect in the market.