[ad_1] May GDP +0.8% m/m vs +1.5% Reuters poll forecast Sterling weakens after data Surge in food and accommodation Other services firms see weaker growth Manufacturing hit by chip shortages…
Tag: IPR
U.S. October wholesale inventories revised slightly higher
[ad_1] WASHINGTON, Dec 9 (Reuters) – U.S. wholesale inventories increased a bit more than initially thought in October, suggesting that the restocking of warehouses could again support economic growth this…
Their parents made China the world’s factory. Can the kids save the family business?
[ad_1] RUICHANG, China, June 19 (Reuters) – When Steven Du took over his parents’ factory producing temperature control systems in Shanghai, one of the first changes he made was to…
Tech, cyclical stocks pull Wall St lower as China data sours mood
[ad_1] [1/2] The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo Allegri Mega-cap tech stocks weigh on…
Wall Street shares down as inflation worry offsets U.S.-China optimism
[ad_1] [1/3] A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly/File Photo…
India’s Oct services growth strongest in over a decade, input costs surge
[ad_1] BENGALURU, Nov 3 (Reuters) – India’s dominant services industry expanded at the fastest pace in more than a decade on improved domestic demand despite high inflation, driving firms to…
Oil rises as market awaits Fed interest rate decision
[ad_1] IEA upgrades 2023 oil demand growth to 2.4 mln bpd U.S. crude stocks rise unexpectedly -API LONDON, June 14(Reuters) – Oil prices rose on Wednesday as investors awaited the…
Wall St Week Ahead As rally in U.S. stocks rolls on, signs of caution grow
[ad_1] NEW YORK, June 25 (Reuters) – The S&P 500 shook off concerns about a more hawkish Federal Reserve to post a record high this week, but activity in some…
US employers boost hiring in May, but labor market losing steam
[ad_1] Nonfarm payrolls increase 339,000 in May March, April payrolls revised up by 93,000 Unemployment rate rises to 3.7% from 3.4% Average hourly earnings gain 0.3%; up 4.3% year on…
Wall St extends recovery at end of volatile week
[ad_1] Chip stocks jump after report U.S. nears $52 bln chip funding Disney shares drop as subscriber additions disappoint Airbnb dips after quarterly results Indexes up: Dow 0.83%, S&P 1.24%,…