Apr 4, 2024 | Markets
The share of US small-business owners who plan to add jobs fell in March for a fourth straight month, pointing to softer demand for labor. Some 11% of firms said they intend to add workers in the next three months on net, down a percentage point from February and the...
Apr 3, 2024 | Markets
This week ties a three-day record set in 2008, data show Spike reflects weakness in telecom, pharmaceutical industries Going bankrupt happens slowly, then all at once, to paraphrase an old saying. For businesses of all sizes, all at once is happening now. This week is...
Apr 3, 2024 | Markets
Fed’s Michael Barr says effects likely to extend for few years Vice chair speaks at event in Washington on Wednesday The Federal Reserve’s Michael Barr warned that banks are likely to continue to face stress from the struggling commercial real estate sector for an...
Apr 3, 2024 | Markets
Stellantis, Ford and GM all showed weakness in first quarter Falling pickup sales part of broader shift to cheaper vehicles Sales of pricey pickup trucks at Stellantis NV, Ford Motor Co. and General Motors Co. faltered in the first quarter, a sign that high borrowing...
Apr 3, 2024 | Markets
ISM services PMI declined 1.2 points in March to 51.4 Measures of supplier deliveries and new orders decreased Growth in the US services sector eased in March for a second month while a gauge of input costs slumped to a four-year low. The Institute for Supply...
