Investors are closely monitoring developments of U.S. stimulus aid package talks. President Donald Trump said talks had resumed, and House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are expected…
Domino’s Q3 global retail sales increased 14.4% (14.8% excluding foreign currency impact) according to press release. Sales growth driven by changing customer ordering behavior during the Covid-19 pandemic. U.S. same-store…
Fitch Ratings affirmed Long-Term Foreign-Currency Issuer Default Rating (IDR) and senior unsecured rating “A+," affirming the Chinese-based e-commerce giant stable outlook, according to FitchRatings. Rating underscore’s Alibaba’s strong business…
Goods and services deficit in August was $67.1 billion, up $ 3.7 billion from July’s $63.4 billion, according to press release. Trade balance deficit an increase from analysts’ expectations of…
Charles Evans, Chicago Federal Reserve Bank President, expects U.S. inflation to be 2 % by 2023 and supports allowing it to rise to 2.5%, a level the Fed sees excessive,…
September’s nonfarm payroll employment increased by 661,000 compared, while unemployment rate fell by 0.5% to 7.9%, according to press release. Resumption of economic activity, previously halted by pandemic led to…
U.S. personal incomes declined by 543.5 billion (2.7%) in August, according to press release. Disposable incomes fell by $570.9 billion (3.2%) despite rise in personal expenditures by $141.1 billion. Fall…
Seasonally adjusted unemployment insurance initial claims show 837,000. A 36,000 decline from previous week’s revised level, according to the latest Department of Labour press release. The figure comes up 13,000…
American suppliers to China’s biggest chipmaker SMIC will require a license to sell particular equipment, according to CNBC. The U.S. explains move due to “unacceptable risk” that the equipment may…