by Bloomberg.com | Sep 1, 2024 | alerts, Markets/Economy
Economists say government must do more to hit growth target Manufacturing PMI posts 4th straight month in contraction zone China’s remaining growth engines are showing signs of sputtering while the property market continues to drag on the economy, highlighting the...
by Bloomberg.com | Aug 30, 2024 | alerts, Markets/Economy
Warren Buffett’s Berkshire Hathaway Inc. won’t have to swiftly disclose its rapid-fire sales of Bank of America Corp. stock too much longer. That is, if he keeps whittling the investment. A fresh round of disposals disclosed late Friday trimmed the conglomerate’s...
by Bloomberg.com | Aug 30, 2024 | alerts, Markets/Economy
Dovish Fed helps markets bounce back from early-August rout Data on jobs, manufacturing will test faith of economic bulls It began badly. But four weeks on from the worst volatility blowup since the pandemic, August will go down as another grand gesture of confidence...
by Bloomberg.com | Aug 30, 2024 | alerts, Markets/Economy
Dollar General’s results disappoint, dragging down Dollar Tree Walmart hit the sweet spot with shoppers, JonesTrading says August was a blowout month for Walmart Inc. — and a disastrous one for some of its discount-chain competitors — as consumers rein in spending....
by Bloomberg.com | Aug 30, 2024 | alerts, Markets/Economy
Government spending, investment ex-inventories drive growth Household consumption softens as Canadians feel rates pinch Canada’s economy grew more than expected in the second quarter, but falling per-capita gross domestic product and softening household consumption...
