GM, Ford quarterly China sales slide again amid economy woes
BEIJING (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the U.S. automakers were…
U.S. job growth surges, July rate cut expectations intact
WASHINGTON (Reuters) – U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage…
Scotch Whisky Association urges U.S. and EU to end trade stand-off
FILE PHOTO: Bottles of single malt scotch whisky Glenmorangie, part of Glenmorangie plc co-owned by LVMH and Diageo, are pictured in a shop near Lausanne, Switzerland, May 18, 2017. REUTERS/Denis…
Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation, with one top policymaker saying the Fed was “close” to…
Strong U.S. retail sales improve economy’s fortunes
WASHINGTON (Reuters) – U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that eased fears the economy was…
Traumatic injuries linked to later social dysfunction
(Reuters Health) – Nearly half of trauma patients, even those without brain injuries, experience social deficits that make it harder for them to interact with friends and stay involved in…
New review suggests proven ways to cut back on sugary drinks
(Reuters Health) – With sugary sodas and other sweetened drinks considered a key driver of the obesity epidemic worldwide, a new research review evaluates how well various measures work to…
Underlying U.S. producer inflation boosted by services
WASHINGTON (Reuters) – Underlying U.S. producer prices increased solidly for a second straight month in May, boosted by a surge in the cost of hotel accommodation and gains in portfolio…
Weak U.S. employment report raises red flag on economy
WASHINGTON (Reuters) – U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to…
China April industrial output cools, retail sales growth falls to 16-year low as trade risks rise
BEIJING (Reuters) – China on Wednesday reported surprisingly weaker growth in industrial output and retail sales for April, reinforcing expectations that Beijing needs to roll out more stimulus measures as…