China Presses on With Tax-Cut Strategy as Lending Stabilizes
China’s government is turning increasingly to tax cuts as the first line of defense against a slowing economy, as credit data released Tuesday showed some vindication of its gradual stimulus strategy.
China’s Slumping Trade Adds Pressure for Settlement With Trump
China’s exports slumped in December as a rush of orders to beat expected tariffs showed signs of fading and as domestic buyers succumbed to a worsening economic outlook.
U.S. Payrolls Rise 312,000, Wages Accelerate in Jobs Blowout
U.S. employers added the most workers in 10 months as wage gains accelerated and labor-force participation jumped, reflecting a robust job market that nevertheless faces mounting risks in 2019.
Key reading of manufacturing sector drops to lowest level in more than 2 years
Activity in the U.S. manufacturing sector expanded at a much slower pace than expected last month, according to the Institute for Supply Management.
Companies added way more jobs than expected in December
Contrary to growing concerns about a potentially slowing U.S. economy, job creation surged in December as measured by the latest ADP/Moody’s Analytics survey released Thursday.
U.S. weekly jobless claims rise; mid-Atlantic factory activity slows
The number of Americans filing applications for jobless benefits rose marginally from near a 49-year low last week, suggesting underlying strength in the labor market and broader economy.