U.S. services sector slows; orders hit three-year low
U.S. services sector activity slowed in July as new orders dropped to their lowest level in three years, suggesting the economy lost further momentum early in the third quarter.
U.S. services sector activity slowed in July as new orders dropped to their lowest level in three years, suggesting the economy lost further momentum early in the third quarter.
As the longest bull market in history wanes, it can be helpful to turn your attention to your own timeline.
For investors looking to hide, here are the pockets of the market that have done well during huge market pullbacks in the past.
The trade war between the United States and China ratcheted up over the weekend, as Cowen explains the Chinese retaliation.
Oil prices fell on Monday on global growth concerns after U.S. President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world's two biggest buyers.
The Dow Jones Industrial Average tumbled more than 700 points in a global selloff on Monday, triggered by China's willingness to let the yuan slide in response to the latest U.S. threats on trade.
U.S. stocks fell the most since December on Monday after China allowed its currency to weaken beyond a key threshold, signalling dimmer prospects for a de-escalation in U.S.-China trade tensions.
The market's roller coaster ride may have you tempted to move investments in your retirement nest egg. Here's what financial advisors say you should do instead.
Global oil benchmark Brent futures fell more than 2% on Monday on global growth concerns after U.S. President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world's two biggest buyers.
Jefferies initiated coverage on 25 Chinese stocks, including Alibaba and Tencent, as it feels market expectations have reset on the sector.
Wall Street analysts warn that the trade war with China has escalated significantly and will likely intensify in the coming months.
New Media Investment Group said on Monday it will buy USA Today-owner Gannett Co , valuing the company at about $1.4 billion.
U.S. stocks fell the most since December on Monday after China allowed its currency to weaken beyond a key threshold, signaling dimmer prospects for a de-escalation in U.S.-China trade tensions.
Federal Reserve Governor Lael Brainard said she was monitoring the rout on Wall Street on Monday, as officials take stock of how renewed trade tensions between the United States and China may impact the economy and the course of monetary policy.
Stock markets around the world fell hard on Monday on fears that China's willingness to let the yuan slide in response to the latest U.S. tariff threat could further aggravate trade-related tensions between the world's two largest economies.