Flash PMI data for the G4 developed economies remained largely unchanged in October as rising COVID-19 restrictions slowed recovery, especially in the service sector, according to IHS Markit. In the…
The U.S. economy has started Q4 solidly as private sector business activity in September grew to a rate not seen since early 2019 despite being weaker than August level, according…
U.S. initial jobless claims in the week ending October 17 were 787,000, a decline of 55,000 from the previous week’s revised level and down from expected 870,000, according to a…
Traders are worried that complacency over the coronavirus vaccine could affect markets, according to CNBC. Five vaccines, from Moderna, AstraZeneca, Pfizer, Johnson & Johnson, and Novavax are in phase 3…
U.S. investment bankers are keen to close lucrative deals from corporate owners selling their entities in anticipation of tax hikes if Joe Biden wins the November 3 election, according to…
Joe Biden entered the October phase of the election campaign with almost three times cash burning “edge” over Trump, according to Bloomberg. Biden is splurging on advertising, trying to take…
U.S. privately-owned housing units rose 5.2 % in September to attain a seasonally adjusted annual rate of 1,553,000, according to a press release. The September rate was higher than 1,437,000…
The U.S. Justice Department will launch an antitrust lawsuit against Google on Tuesday for alleged engagement in anticompetitive conduct to preserve monopolies in search and search advertising, according to The…
U.S.’s overall Housing Market Index for Single Family Sales is 85 for October, up from September's 83, corresponding to a weighted average of 0.5920, according to NAHB. NAHB Housing Market…
Europe struggled to produce notable Initial Public Offerings (IPOs) compared to the U.S. and China, where big tech firms such as Palantir and Ant Group listed their shares, according to…
Advance estimates of U.S. retail and food services sales for September were $549.3 billion, a 1.9% increase from the previous month, and 5.4% above September 2019, according to press release.…
U.S. jobless claims for the week ending October 10 were 898,000, a 53,000 increase from previous week's revised level, according to press release. Weekly jobless claims higher than expected 825,000.…