U.S. Economy Boosted by Services While Eurozone Industry Proves Listless – WSJ
Private-sector activity is growing strongly in the U.S. thanks to a buoyant services sector, while a prolonged slump in German manufacturing continues to dog economic...
Category : News En
Why are US shares, gold and the dollar soaring? – The Guardian
The US stock market has been on a tear over the past two years. The S&P 500 has increased by roughly 40% since Joe Biden...
How private equity tangled banks in debt – The Financial Times
Private equity firms have become an integral part of the global economy, owning everything from family homes to supermarkets and cosmetics companies — even hospitals....
Bank of Canada Looks Set to Deliver Back-to-Back Rate Cuts – WSJ
The Bank of Canada is widely expected to follow up its June interest-rate cut with another on Wednesday, and embark on a series of reductions...
Tesla profit plunges – CNN
Telsa profit in the second quarter plunged more than 40% from a year ago, as the electric vehicle company has faced both more EV competition...
Surprise jump in number of UK people mainly using cash for daily spending – The Guardian
There has been an unexpected jump in the number of people who mainly use notes and coins for their daily spending, despite the UK moving...
The worst may be over for homebuyers – CNN
After the last few years of skyrocketing home prices and elevated mortgage rates, Americans have been feeling overwhelmingly dejected about their prospects of buying a...
Australian Flash PMI Falls to Six-Month Low; Price Pressures Still Evident – WSJ
Signs of a significant slowdown in Australia’s commodity-rich economy continue to emerge amid news that the country’s composite purchasing managers index fell to a six-month...
The Foreign Investors Who Bought the Recklessly Ballooning US Debt: July Update – Wolf Street
The recklessly ballooning US national debt is now just a hair away from ticking over $35 trillion. It has ballooned by $2.33 trillion in 12...
Three Major Takeaways From Big Banks’ Earnings – WSJ
Wall Street businesses boosted the earnings of big banks in the second quarter. Investment-banking and trading revenue rose at major U.S. banks including Goldman Sachs...