Consumers may have carried markets as far as they can
With energy and manufacturing down, consumers have been carrying the economy and the markets. It's questionable how long they can continue to do that.
With energy and manufacturing down, consumers have been carrying the economy and the markets. It's questionable how long they can continue to do that.
Following the financial crisis, millennials are saving more than the Baby Boomers did before them, and this slowdown in spending is hurting the economy.
Talks for a new four-year labor contract between General Motors Co and its striking workers cooled after the United Auto Workers rejected the largest U.S. automaker's latest offer on Sunday.
A pending U.S. lawsuit over claims related to Bayer's glyphosate-based herbicide Roundup has been delayed, the company said on Sunday.
With news of policy threats increasing, Wall Street has taken to highlighting the value of individual pieces of 'FANG' companies.
A pending U.S. lawsuit over claims related to Bayer's glyphosate-based herbicide Roundup has been delayed, the company said on Sunday, with a new court date set for February, 2020.
HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday.
HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday.
Kansas City Federal Reserve Bank President Esther George on Sunday rejected the notion that the U.S. central bank should cut interest rates to try to boost low inflation, adding that doing so could create financial imbalances.
Asian shares edged higher on Monday after data showed the U.S. unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world's largest economy.
Oil prices fell on Monday, extending last week's heavy losses, with traders fearing the global economic slowdown will weigh on future oil demand growth while pegging hopes for a rebound on progress in talks this week on ending the U.S.-China trade war.
Oil prices fell on Monday, extending last week's heavy losses, with traders fearing the global economic slowdown will weigh on future oil demand growth while pegging hopes for a rebound on progress in talks this week on ending the U.S.-China trade war.
Asian shares edged higher on Monday after data showed the U.S. unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world's largest economy.
Spain's acting prime minister Pedro Sanchez said on Saturday he would seek to defend the country's agricultural sector in the face of "unacceptable" proposed U.S. tariffs on European agricultural goods.
The sweeping tariffs imposed on China for its alleged unfair trade practices was intended to set right imbalances that put U.S. companies at a disadvantage. What wasn't intended: the financial hit U.S. small businesses are suffering as a result.