The numbers: A closely watched index that measures U.S. manufacturing activity rose by 0.7 percentage point to 47.4 in December, according to the Institute for Supply Management on Wednesday.…
Read more U.S. manufacturing sector shrinks for 14th straight month in DecemberRecession fears are rising. Nothing beats fear better than good information and that’s what we will get this week. Investors and economists will get good insight into the…
Read more Health of several key sectors, including the U.S. consumer, plus an outlook from Fed’s Powell on radar this coming weekThe numbers: The U.S. economy expanded but at a relatively subdued pace in early November, latest data from S&P Global show. The S&P Global “flash” U.S. services index rose…
Read more U.S. economy growing only at a subdued rate in early November, S&P Global saysThe hurdles facing Germany’s economy in recent years have been plentiful, but the “sick man of Europe,” label is unfair, say Deutsche Bank strategists, who see promise for…
Read more Here’s what Germany should be called instead of the ‘sick man of Europe,’ says Deutsche BankPresident Joe Biden on Friday offered his support to the United Auto Workers, as he addressed their strike aimed at the Big Three auto makers. Auto companies have…
Read more UAW strike: Ford, GM, Stellantis record profits haven’t been shared fairly with workers, Biden saysThe U.S. economy could expand at about a 2.2% annual rate in the current quarter, according to a revamped real-time estimate from the New York Federal Reserve released…
Read more U.S. economy seen growing at about a 2.2% annual rate in the July-September quarter, according to real-time New York Fed estimateOrders for U.S. manufactured goods fell a sharp 2.1% in July, the Commerce Department said Tuesday. This is the first decline after four straight monthly gains. Economists surveyed by…
Read more U.S. factory orders plunge in July after four straight gains3M Co. MMM, +0.46% agreed to pay disgorgement plus prejudgment interest totaling $4.58 million and a $2 million civil penalty for charges that it violated the books and…
Read more 3M charged with violating Foreign Corrupt Practices Act in China, pays $6.6M settlementThe numbers: Orders for long-lasting goods rose in July for the third month in a row if recent ups and downs at Boeing are set aside, suggesting the struggling…
Read more Durable-goods orders rise for third month in a row — if Boeing is taken out of the equationThe numbers: The University of Michigan’s gauge of consumer sentiment inched down to a preliminary August reading of 71.2 after hitting a 22-month high of 71.6 in the…
Read more Consumers seeing substantial improvement in U.S. economy over past 3 months: University of Michigan surveyThe numbers: The U.S. producer price index rose 0.3% in July, the Labor Department said Friday, up from a revised flat reading in June and the largest gain…
Read more U.S. wholesale prices surprise to the upside in July, PPI showsThe numbers: The U.S. economy grew at the slowest pace in five months in July, a pair of S&P surveys showed, and pointed to weaker conditions later in…
Read more U.S. economy grows at slowest pace in 5 months. Inflation ‘sticky,’ S&P saysThis version corrects the manufacturing PMI data which fell to a six-month low of 46.3 in June from 48.4 in the prior month. The numbers: The S&P Global…
Read more U.S. economy running close to 2% growth rate in second quarter, S&P saysThe numbers: Two U.S. regional gauges of manufacturing sentiment showed signs in June that they may be improving after a rough patch, according to data released Thursday. The…
Read more New York Empire State, Philadelphia Fed factory indexes mixed but show signs of optimismOrders for manufactured goods rose 0.4% in April, the Commerce Department said Monday. It is the fourth increase in factory-goods orders in the past five months. Economists surveyed…
Read more April U.S. factory orders rise for fourth gain in five monthsShares of Circor International Inc. CIR, +8.46% rocketed 49.2% toward a four-year high in premarket trading Monday, after the flow control products company announced a deal to be…
Read more Circor’s stock rockets toward 4-year high after buyout deal with KKR valued at $1.6 billion, including debtAtmus Filtration Technologies Inc.’s stock soared 14% Friday in its trading debut, after the Cummins Inc. spinoff priced its initial public offering in the middle of its proposed…
Read more Cummins spinoff Atmus Filtration’s stock soars 14% in trading debutThe numbers: Orders for manufactured goods jumped 1.1% in April largely because of the military, but business investment also rose sharply in a positive sign for the economy. Economists…
Read more Durable-goods orders get a boost from military spendingShares of Deere & Co. powered higher Friday after the maker of agricultural, construction and forestry equipment reported fiscal second-quarter results that beat expectations by wide margins and…
Read more Deere’s stock powers up after big profit and sales beats, raised full-year outlookThe Chicago Business Barometer, also known as the Chicago PMI, rose 4.8 index points to 48.6 in April. Economists polled by the Wall Street Journal forecast a decline…
Read more Chicago business activity index less negative in April
