China Turning Into One of Germany Inc.’s Biggest Headaches
German businesses are more pessimistic on one of their biggest markets than they’ve been in years.
A $100 Billion Fund Manager Is Debunking Stock-Bubble Theories
Negative interest rates are unnaturally propping up the stock market and at some point the whole edifice will collapse. It’s an oft-repeated theory, but history suggests it might be wrong.
China Factories Are Exporting Lower Prices Around the World
Chinese factories are again threatening to drag down prices around the world as the cost of their goods decline by the most since 2016.
Alibaba Singles Day sales hit $23 billion in first nine hours
Chinese e-commerce giant Alibaba on Monday said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from the same point last year.
U.S. Consumer Sentiment Rises on Views of Finances, Economy
U.S. consumer sentiment improved for a third-straight month in November as Americans grew more upbeat about their financial situation and the economic outlook, fresh signs they’ll continue to fuel growth.
Germany’s economic pain is here to stay
It was meant to be a fleeting slowdown for Europe’s economic powerhouse, followed by a rapid rebound.
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.