United States: U.S. Business-Equipment Orders Advance by Most in Six Months Orders placed with U.S. factories for business equipment rebounded in January by the most in six months, a sign demand is withstanding concerns about slower global growth and the trade war with China. Non-military capital goods orders excluding aircraft -- a proxy for business
United States: U.S. Core Inflation Unexpectedly Cools on Autos, Drug Prices A key measure of underlying U.S. inflation unexpectedly eased in February amid falling prices for autos and prescription drugs, giving the Federal Reserve more room to stick to its plan for being patient on raising interest rates. Excluding food and energy, the so-called core
United States: U.S. Retail Sales Rise in January, Stabilizing After a Slump U.S. retail sales stabilized in January after a plunge the prior month that was larger than first reported, indicating consumers may still be able to help support growth after a dismal end to 2018. The value of overall sales rose 0.2 percent after
United States: Deal or No Deal, Trump’s Trade War With China Has Scarred the Global Economy A deal between the U.S. and China to drop tariffs couldn’t come soon enough for a global economy already showing strains from the trade war. Economists predicted that eye-for-an-eye tariffs by the U.S. and China could eat into world
United States: U.S. Trade Gap Surged to $621 Billion in 2018, 10-Year High The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports. The annual
United States: Trump's Trade Step Shows U.S. Can Hit Turkey Where It Hurts President Donald Trump’s decision to strip some Turkish exporters of their preferential trade status is taken from a playbook that’s been effective in the past. American officials are pressing Ankara to abandon its longstanding agreement to buy a Russian air defense system.
Date: February 28, 2019 tTech Limited (tTech) for the twelve months ended December 31, 2018; booked a 31% increase in revenues to $283.92 million compared to $217.25 million for the prior financial year. Cost of sales rose significantly by 125% to $63.09 million from the $28.08 million reported in December 2017. As such gross profit
United States: U.S. GDP Grows Above-Forecast 2.6% as Business Spending Picks Up The U.S. economy cooled by less than expected last quarter as business investment picked up, suggesting growth could be stronger for longer as the Federal Reserve takes a patient approach to interest rates. The 2.6 percent annualized rate of gains in gross domestic
United States: America’s Job Market Has Some Upside as Disabled Workers Return Whether would-be workers linger on the U.S. labor market’s sidelines is a key question: it will determine how fast the country’s economy can grow, how fast wages might rise, and, potentially, how patient the Federal Reserve can afford to be with rate increases.
United States: U.S. Farmers Fear Trump’s Assault on WTO Hurts Them Donald Trump’s attack on the World Trade Organization has U.S. farmers worried that the president’s ‘America first’ foreign policy approach will hamstring efforts to defend their interests. The U.S. is strangling the ability of the WTO, which oversees the rules for nearly $23 trillion
