New York Empire State factory gauge plunges in August deep into contraction territory
admin The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing…
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China new-home prices fall by most in over six years
BEIJING–New-home prices in China in July fell by the most in over six years as…
Read MoreChina’s economy slows unexpectedly as rebound sputters
China’s economic growth unexpectedly slowed in July after a blip of accelerated recovery in June,…
Read MoreChina’s central bank cuts key policy rates
China’s central bank on Monday cut key policy interest rates, a move that could provide…
Read MoreJapan’s economy recovers to pre-pandemic level in second quarter
TOKYO — Japan’s economy recovered its pre-pandemic size in the April-June quarter with strong consumer…
Read MoreStock buybacks near $800 billion this year after hitting all-time record
Companies already announced another $800 billion deluge of planned stock buybacks this year, after last…
Read MorePutin’s claim that sanctions are creating conditions for a global famine is a myth, say Yale academics
Talk that the international sanctions imposed on Russia in the wake of its unprovoked invasion…
Read MoreA weaker U.S. dollar helped lift the stock market — but the greenback’s peak may still be ahead
A pullback in the U.S. dollar earlier this week was credited with helping to lift…
Read MoreSears and creditors reach $175 million deal with Eddie Lampert to settle litigation over allegations of self-dealing
After four years stuck in bankruptcy limbo, Sears Holdings and its creditors have reached a…
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Opinion: Inflation report brings 2 pieces of good news for retirees and retirement savers
Retirees and those seeking secure income got two items of very good news this week,…
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