by Bloomberg.com | Sep 3, 2024 | alerts, Markets/Economy
Goldman economists lay out potential post-election effects Tariff policy, immigration measures seen as key elements Goldman Sachs Group Inc. economists gamed out the potential economic implications of a Republican or Democratic victory in the November elections,...
by Bloomberg.com | Sep 3, 2024 | alerts, Markets/Economy
ISM August factory index at 47.2 after 46.8 a month earlier Orders gauge shows steepest contraction since May 2023 US manufacturing activity shrank in August for a fifth month, reflecting faster rates of declines in orders and production. The Institute for Supply...
by Bloomberg.com | Sep 3, 2024 | alerts, Markets/Economy
Dewu’s growing popularity is weighing on luxury sales, shares Hot luxury items sold at discounts up to 66% on Dewu China’s gray market — where brand new, authentic products are sold at steep discounts — is increasingly dwarfing some global luxury giants’ official...
by Bloomberg.com | Sep 3, 2024 | alerts, Markets/Economy
Chery Automobile Co.’s Omoda outsold Tesla, Jeep and Fiat in Spain last month, a promising sign for the Chinese automaker’s ambitious push into Europe. Omoda sold 744 new cars in August, a 8,167% increase over the nine cars registered in August of last year, according...
by Bloomberg.com | Sep 2, 2024 | alerts, Markets/Economy
German automaker heads for showdown with unions over plans EV slowdown, jittery Europe consumers weigh on manufacturers Volkswagen AG is considering unprecedented factory closures in Germany, setting up a showdown with powerful unions as the country’s most important...
