China’s second-in-command: We’re facing ‘greater difficulties’ in keeping economy stable
Chinese Premier Li Keqiang said claims that the recent slide of the yuan against the U.S. dollar was an intentional policy decision from Beijing were “simply not true.”
Retailers could ring up more than $1.1 trillion in holiday sales, topping last year
Retail sales are expected to grow between 5 and 5.6 percent from a year ago, according to Deloitte’s annual retail sales forecast for the holiday season.
US housing starts rose in August, boosted by a jump in multifamily construction
U.S. homebuilding increased more than expected in August, a positive sign for the housing market which has underperformed the broader economy amid rising interest rates for home loans.
Goldman Sachs: Little sign of a recession for the next 3 years
Recession risk is low, even when looking out three years from now, according to Goldman Sachs.
Capital expenditures surge to 25-year high, R&D jumps 14% as companies spend tax cut riches freely
Companies are using a dramatic surge in cash to invest both in the present and the future at levels not seen in at least a decade.
Consumer sentiment hits 100.8 in September, vs. 96.6 estimate
A preliminary look at consumer sentiment in September easily topped expectations on Friday.
US consumer prices increase less than expected in August
U.S. consumer prices rose less than expected in August.
5 Things About a U.S.-China Trade War That Might Surprise You
China and the U.S., the world’s two largest economies, have been quarreling over trade for months, engaging in a tit-for-tat tariff battle and intermittently frightening investors with the prospect of a full-blown trade war. But the macroeconomic fallout from a worsening of trade relations might not be as severe as feared, according to Capital Economics.
Even ‘Canary in the Coal Mine’ Indicators Say This Bull Market Is Mostly Healthy
Ten years after the start of a global financial crisis, some strategists are checking in with their go-to “canaries in the coal mine” to get a gut-check as U.S. stocks push higher and confidence in the economy grows.
US weekly jobless claims drop to near 49-year low
First-time claims for state unemployment benefits were expected to total 210,000 in the most recent week, up from the 203,000 claims filed in the previous week.