DoubleLine's Gundlach expects interest rates to fall as US economy worsens
DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates
2023-11-02 05:49
US Slows Pace of Increase in Quarterly Long-Term Debt Sales
The US Treasury increased its planned sales of longer-term securities by slightly less than most dealers expected in
2023-11-02 01:45
European Stocks Rise Ahead of Fed Rates Decision; Orsted Plunges
European stocks rose as bond yields cooled after the US slowed the pace of its planned sales of
2023-11-02 01:25
US job openings stay elevated, layoffs hit nine-month low
By Lucia Mutikani WASHINGTON U.S. job openings increased in September, pointing to persistent labor market tightness that is
2023-11-02 00:20
US construction spending rises in September
WASHINGTON U.S. construction spending increased in September, but momentum is slowing as the factory building boom fades. The
2023-11-01 22:58
Canadian factory sector downturn extends to longest since 2016
By Fergal Smith TORONTO Canada's manufacturing sector remained in contraction for a sixth straight month in October as
2023-11-01 21:57
South Africa plans tax measures to boost revenue, debt seen rising
CAPE TOWN South Africa's finance minister will propose tax measures next year to raise additional revenue, a mid-term
2023-11-01 20:26
Estée Lauder Lowers Outlook on China Weakness, Israel-Hamas War Risk
Estée Lauder Cos. lowered its full-year outlook citing continued weakness in Asia travel retail and in mainland China,
2023-11-01 19:59
Norwegian Cruise trims annual profit forecast as elevated costs pinch
Norwegian Cruise Line Holdings trimmed its annual profit forecast on Wednesday, as elevated fuel costs offset gains from
2023-11-01 19:56
Sea, Grab Face Slowest Southeast Asia Online Growth in Years
Southeast Asia’s internet economy will log its slowest growth on record this year, a group of researchers said,
2023-11-01 17:57
Schumer Urges US FTC Probe of Exxon, Chevron Mega-Deals
Senate Majority Leader Chuck Schumer is urging the US Federal Trade Commission to look into whether Exxon Mobil
2023-11-01 17:51
Biden’s Road Trip Exposes Democratic Fault Lines on Israel
Joe Biden’s trip to Minnesota on Wednesday is a microcosm for the issues currently bedeviling his presidency. On
2023-11-01 17:51