Asian stocks look set for a steady open Thursday after large US technology shares climbed in a defensive tilt to the Wall Street rally. The US dollar slipped to about a three-week low. Futures climbed in Japan and Hong Kong, but fell in Australia. The tech-heavy Nasdaq 100 edged up to a record while the […]
Workers prepare parcels for delivery at a warehouse in Beijing, China. The first half of this year compared to the first half of 2019 shows that while tariffs expanded, U.S. imports from China actually rose. Photo: Kevin Frayer/Getty Images The U.S. trade deficit with China rose 20% in the last 12 months, despite the tariffs […]
“The 360” shows you diverse perspectives on the day’s top stories and debates. What’s happening Millions of Americans are set to lose unemployment benefits on Monday, when federal policies to support the jobless during the coronavirus pandemic come to an end. Enhanced unemployment insurance was one of the key elements of the first stimulus bill, […]
BANGKOK/JAKARTA, Sept 1 (Reuters) – As Indonesia and Thailand start to ease COVID-19 curbs after seeing case numbers fall, health experts say cases of new infections could rise again with vaccination rates still low. After containing the coronavirus better than much of the world last year, Southeast Asia has turned into a global epicentre in […]
MSCI ACWI ends at 3rd straight record high Wall Street, European shares close lower Dollar trades near breakeven, oil slips All eyes on Friday’s U.S. jobs report Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn NEW YORK/LONDON, Aug 31 (Reuters) – A gauge of global equities posted its seventh consecutive month of gains and a record closing high […]
A measure of business conditions in the Chicago region slipped in August, but not because of delta: Most companies said they still can’t get enough supplies or labor to keep up with new orders. The Chicago Business Barometer, also known as the Chicago PMI, fell to 66.8 last month from 73.4 in July. Just a few […]
Twin PMI surveys point to growing pressure on businesses Surveys suggest economy contracted in Aug – economist High raw material prices, COVID-19 curbs hurt economy Analysts expect more policy support later in year BEIJING, Aug 31 (Reuters) – China’s businesses and the broader economy came under increasing pressure in August as factory activity expanded at […]
Check out what’s clicking on FoxBusiness.com. Total damage and economic loss from Hurricane Ida will fall between $70 billion and $80 billion, Accuweather’s Dr. Joel N. Myers said Monday. The weather service, which predicted significant wind damage along with storm surge and inland flooding with mass power outages, believes the power outages could last for […]
READING, Pa. — Berks County is beginning the process of crafting a plan that will guide its economic development efforts over the next five years. The county’s commissioners announced Monday that the planning process is now underway for what they’re calling IMAGINE Berks. The eight-month process of planning a strategic action plan for economic development […]
Discount chain Dollar Tree reeled in its outlook for fiscal 2021, citing escalating freight costs as the reason. The Chesapeake, Virginia-based retailer said it has started to book its own ocean vessels amid a tight capacity environment and will look for merchandise suppliers outside of Asia to mitigate transportation expenses going forward. “We’re optimizing which […]
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