Europe, Asia See Pickup in Activity Despite Headwinds
Surveys of purchasing managers recorded a pickup in activity in the eurozone, Japan and India during August, suggesting the global
Economics
Japan Inflation Picks Up as Rate-Boost Bets Firm
Japan’s consumer inflation picked up last month as the effects of higher oil prices caused by the Middle East conflict
U.S. Leading Indicators Ticked Up in July
The Conference Board’s Leading Economic Index rose by 0.2% to 99.5, indicating that moderate growth could be coming. Source link
Philadelphia Area Manufacturing Activity Continued to Expand in August
The reserve bank’s manufacturing business outlook survey showed that the current-activity index rose to 47.4 in August from 41.4 in
Low Rhine Water Levels to Slow German Economy, Bundesbank Says
Limited usable transport routes on major rivers and sharply rising transport costs were likely to significantly impair industrial production and
After 66-year-old Lynn Lee was laid off last year, she began an odyssey to find her way back to employment. “Don’t give up.”
After she was laid off last year, Lynn Lee began an odyssey to find her way back to employment. “Don’t
Sweden’s Central Bank Holds Key Rate and Still Sees Chance of a Hike Later This Year
Riksbank policymakers have held rates steady for seven consecutive meetings, adopting a wait-and-see stance to monitor inflation and economic developments.
The U.S. is likely to lower tariffs on Canadian steel, aluminum and automobiles as part of a trade framework being devised by the nations
The U.S. is considering a plan to lower tariffs on Canadian steel and aluminum from 50% to 25%, while top-line
Gross U.S. debt has surpassed $40 trillion, a new milestone in the country’s struggle to get hold of its finances
The U.S. has reached a new borrowing milestone in its struggle to get hold of its finances. Source link
More Federal Reserve officials favored raising interest rates last month than the three who formally dissented, and others signaled they would back an increase if inflation doesn’t improve, according to minutes of the meeting
Minutes of the July meeting revealed more backed raising interest rates than the three who formally dissented. Source link