Investors are looking for clues about consumer health as the holiday shopping season begins

NEW YORK, Nov 25 (Reuters) – Investors are closely watching U.S. retail stocks as a barometer of consumer confidence as inflation bites as the most important shopping season of the year opens on Friday. Consumer discretionary stocks, as measured by the S&P 500 Consumer Discretionary sector — the group of companies that profit from retail, … Read more

As recession looms, British business sends loan SOS

Loans are more expensive, with stricter terms, as banks weigh the risks Some business owners use their own money to bridge the gaps The financial crisis could deal another economic blow to Britain LONDON, Nov 17 (Reuters) – As inflation skyrockets and recession looms, many British firms are struggling to secure affordable bank funding, increasing … Read more

Wall Street Mixed After Weak Business Data; Tesla drags the Nasdaq

ADRs in China are due to concerns about the direction of the economy Tesla falls on price cuts in China US business contracts in Oct Indexes: Dow up 0.46%, S&P up 0.09%, Nasdaq up 1.19% Oct 24 (Reuters) – U.S. stock indexes were mixed in morning trade on Monday, with the tech Nasdaq hit by … Read more

Rising spending on business equipment in the US is allaying recession fears

Orders for basic capital goods rose 0.4% in July Supply of basic capital goods up 0.7% Orders for durable goods are unchanged Pending home sales fall 1.0% in July WASHINGTON, Aug 24 (Reuters) – New orders for U.S.-made capital goods rose in July, but the pace slowed from the previous month, suggesting a modest recovery … Read more

US goods trade deficit, business spending data may save Q2 GDP

The goods trade deficit narrowed 5.6% to $98.2 billion in June Wholesale inventories rose 1.9%; retail stocks rose 2.0% Orders for basic capital goods rose 0.5%; shipments up 0.7% WASHINGTON, July 27 (Reuters) – The U.S. goods trade deficit narrowed sharply in June as exports rose while business spending on equipment remained strong, reducing the … Read more

China is increasing investment in fixed assets for a stable economy affected by COVID

Worker walks on a construction site in Beijing, China, July 20, 2017. Photo taken on July 20, 2017. REUTERS / Jason Lee Register now for FREE unlimited access to I’m registering BEIJING, June 16 (Reuters) – China’s state planner said Thursday that it has approved 10 fixed asset investments worth 121 billion yuan ($ … Read more