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December 16, 2019

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Reuters - Business

China’s November industrial output, retail sales beat expectations

Reuters
by Reuters04
BEIJING (Reuters) – China’s industrial output and retail sales growth accelerated more than expected in November, suggesting resilience in the economy as Beijing seeks to prop up domestic demand amid the trade war with the United States. FILE PHOTO: Workers direct a crane lifting ductile iron pipes for export at...
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Reuters - Business

China and U.S. should continue trade talks, remove tariffs: stats bureau

Reuters
by Reuters04
FILE PHOTO: Flags of U.S. and China are placed for a meeting between Secretary of Agriculture Sonny Perdue and China’s Minister of Agriculture Han Changfu at the Ministry of Agriculture in Beijing, China June 30, 2017. REUTERS/Jason Lee BEIJING (Reuters) – China and the United States should continue bilateral trade...
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Reuters - Business

China November industrial output growth beats expectations

Reuters
by Reuters06
FILE PHOTO: Workers direct a crane lifting ductile iron pipes for export at a port in Lianyungang, Jiangsu province, China June 30, 2019. REUTERS/Stringer BEIJING (Reuters) – China’s industrial output growth accelerated much more than expected to 6.2% in November from a year earlier, a five-month high, official data showed...
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CNBC Business

Turning 26? How to navigate health insurance for the first time on your own

CNBC
by CNBC02
I spoke to health-care experts about everything you need to know about navigating health insurance at 26, for the first time on my own. Source link: Click here for more
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Reuters - Business

China to target around 6% growth in 2020, step up state spending: sources

Reuters
by Reuters09
BEIJING (Reuters) – China plans to set a lower economic growth target of around 6% in 2020 from this year’s 6-6.5%, relying on increased state infrastructure spending to ward off a sharper slowdown, policy sources said. FILE PHOTO: Workers are seen on scaffolding at a construction site in Nantong, Jiangsu...
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Reuters - Business

U.S. business inventories rebound in October

Reuters
by Reuters06
WASHINGTON, (Reuters) – U.S. business inventories increased in October, lifted by stocks at retailers, suggesting inventory investment could again contribute to economic growth in the fourth quarter. The Commerce Department said on Friday that business inventories rose 0.2% after slipping 0.1% in September. Inventories are a key component of gross...
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Reuters - Business

U.S. import prices rebound; underlying trend remains weak

Reuters
by Reuters05
WASHINGTON, (Reuters) – U.S. import prices rebounded modestly in November and the underlying trend remained soft, consistent with subdued imported inflation pressures. FILE PHOTO: Shipping containers are pictured at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California, U.S., January 30, 2019. REUTERS/Mike...
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CNBC Business

Here’s how sterling will now trade as Britain breaks its Brexit deadlock

CNBC
by CNBC03
Sterling will go into the first quarter of 2020 with some upside potential, according to currency experts, after a landslide U.K. election victory for Prime Minister Boris Johnson’s Conservative Party. Source link: Click here for more
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CNBC Business

Stocks making the biggest moves midday: Wynn Resorts, Starbucks, Autodesk, GE, Delta & more

CNBC
by CNBC04
Check out the companies making headlines in midday trading. Source link: Click here for more
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CNBC Business

Watch out, UPS. Morgan Stanley estimates Amazon is already delivering half of its packages

CNBC
by CNBC08
Amazon is already delivering about half of the packages in the U.S., Morgan Stanley estimates. Source link: Click here for more
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Reuters - Business

U.S. weekly jobless claims race to more than two-year high

Reuters
by Reuters011
FILE PHOTO: A job seeker talks to a recruiter from UC Health at the Colorado Hospital Association job fair in Denver, Colorado, U.S., October 4, 2017. REUTERS/Rick Wilking WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits jumped to more than a two-year high last week, but...
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CNBC Business

Peter Navarro’s alter ego ‘Ron Vara’ shares pro-tariff memo amid US-China trade talks

CNBC
by CNBC02
The memo was sent days before a Sunday deadline to impose additional 15% tariffs on about $160 billion in Chinese exports to the U.S. Source link: Click here for more
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CNBC Business

Months before he died, Volcker ripped into Trump and ‘nihilistic forces’ undermining confidence in the US

CNBC
by CNBC08
In an afterword to a paperback release of his autobiography, the legendary former central bank chief called out the president Source link: Click here for more
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