[ad_1] The numbers: A barometer of U.S. business conditions at service-sector companies such as banks and restaurants rose to 56.5% in November, a strong showing that signals the economy is…
[ad_1] Turkey’s inflation fell for the first time in 18 months, a sign of moderating price pressures as the country’s central bank ended its interest-rate cutting cycle. The consumer price…
[ad_1] Brace for a recession next year. That is the word of warning from S&P Global Ratings economist Beth Ann Bovino, in a post-Thanksgiving weekend report on Monday. “ ‘GDP…
[ad_1] The tech industry continued to add jobs despite the tens of thousands of layoffs that were announced in November, though tech job postings continued a downward slide, according to…
[ad_1] Bond yields declined on Friday, ahead of labor market data that could show whether the Federal Reserve will be able to slow down the pace of rate hikes. What’s…
[ad_1] French industrial production significantly fell in October, reflecting weakening external demand and high energy prices. Total industrial output–comprising output in manufacturing, energy and construction–declined by 2.6% on month after…
[ad_1] After a short rally above $17,000, bitcoin BTCUSD, -0.09% has dipped to $16,959.93, a change of -0.70% over the past 24 hours, according to CoinDesk. “Right now it is…
[ad_1] The Federal Reserve should downshift the pace of its rate hikes in December, said Federal Reserve Vice Chairman for Supervision Michael Barr on Thursday. The Fed has pushed up…
[ad_1] The numbers: Initial jobless claims fell 16,000 to 225,000 in the week ended November 26, the Labor Department said Thursday. Economists polled by The Wall Street Journal had estimated…
[ad_1] U.K. house prices took a sharp tumble in November, falling by the most since the height of the pandemic, according to Nationwide Buliding Society. The latest survey, released Thursday,…
[ad_1] A private gauge of activity in China’s manufacturing sector remained in contractionary territory for a fourth straight month in November, as the government’s stringent COVID restrictions continued to weigh…
[ad_1] South Korea’s exports contracted for a second straight month in November on sluggish global demand. Exports fell 14% from a year earlier to $51.91 billion following a 5.7% decline…
[ad_1] Home sales are slowing as interest rates rise, and prices are also cooling as buyers are put off by interest rates hovering around 7%, double what they were this…
[ad_1] The Chicago Business Barometer, also known as the Chicago PMI, plummeted to 37.2 in November from 45.2 in the prior month. This is the lowest level since the pandemic hit in early…
[ad_1] China’s official gauges measuring factory, construction and service activities slipped further into contraction in November, weighed by the country’s stringent COVID restrictions that have throttled production, along with a…
[ad_1] Consumer confidence in Germany is set to continue to stabilize in December, although remaining at a very low level. Market research group GfK’s forward-looking consumer-sentiment index forecasts confidence rising…
[ad_1] South Korea’s central bank has eased the pace of interest-rate increases to curb high inflation, lowering its 2023 growth and inflation forecasts. The Bank of Korea raised the benchmark…
[ad_1] St. Louis Federal Reserve President James Bullard is scheduled to sit down for an exclusive interview with MarketWatch on Monday, to discuss the outlook for the economy and monetary…
[ad_1] Senior officials at the Federal Reserve expect smaller increases in interest rates will “soon be appropriate” as the threat of recession grows. Although the Fed still expects rates to…
[ad_1] Home prices will fall by 8% next year, but high mortgage rates and a possible recession will continue to hurt affordability, a new report says. In a report published…
[ad_1] Credit-card application rates remained strong this year at an average of 26.7% — 3.6 percentage points above the average rate for 2021 — amid large increases in balances and…
[ad_1] Japan’s exports rose for the 20th consecutive month in October, driven by robust overseas demand for autos and semiconductors, Ministry of Finance data showed Thursday. Exports rose 25.3% in…
[ad_1] U.K. inflation accelerated in October, reaching a fresh four-decade high, as higher wholesale energy prices fed through households’ utility bills. The U.K.’s Office for National Statistics said Wednesday that…
[ad_1] The numbers: U.S. wholesale prices rose just 0.2% in October, a fourth straight soft reading that suggests inflation is on the wane after hitting a 40-year high earlier in…
[ad_1] Bond yields fell on Tuesday ahead of U.S. producer prices data. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.348% slipped 3 basis points to 4.361%. Yields move…