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...

US carmaker’s share has fallen below 7% from 10.5% a year ago Tesla relies on just two models in highly competitive market The global slowdown in electric vehicle demand that contributed to Tesla Inc.’s biggest-ever quarterly sales miss is hurting Elon Musk’s standing...

Country seeks to bolster prices as farmers prepare to plant Corn prices in China near lowest in more than three years Chinese customs have asked some traders to limit deliveries of foreign corn into bonded areas in a move aimed at easing domestic oversupply and...

U.S. housing prices are likely to enter a long period of decline, advisory firm CEO saysSource: CNBC

Bloomberg Economics ran a million forecast simulations on the US debt outlook. 88% of them show borrowing on an unsustainable path. The Congressional Budget Office warned in its latest projections that US federal government debt is on a path from 97% of GDP last year...

FX strategy head sees BOJ intervention with dollar-yen at 152 That is unlikely to support the yen without Fed rate cuts The yen could slide to hit 160 per dollar unless the Federal Reserve cuts interest rates this year, according to Bank of America Corp. Any...

Griffin shared hedge fund’s outlook in letter to investors He said the firm predicts a ‘challenging’ economic landscape Citadel founder Ken Griffin told investors he expects modest economic growth in upcoming quarters and cited US national debt as a “growing concern...

Central bank expected to start easing cycle after pace slows Prices ease after everyday food items double in three years Pakistan’s inflation pace eased in March for a third month in a row to the lowest in almost two years as record borrowing costs weakened economic...

Taiwan, Japan, South Korea PMIs remain just below 50-threshold Business optimism improves as demand seen to rebound this year Asia’s manufacturing activity painted a mixed picture in March as new orders and output worsened for some amid still subdued global demand...

Foreign inflows to South Korea are biggest in Asia after Japan Samsung, SK Hynix are among foreign funds’ favorites in 1Q Bets on artificial intelligence drove the largest quarterly foreign inflow to South Korean shares, contributing to a global rally in AI-related...

China poses deflation risk; Trump policies may spur inflation Opposing rate paths in Japan, US may cause market dislocations Japan’s economy is at risk from price pressures from its two largest trading partners, according to the chief of the country’s banking...

Sales from top real estate companies fell about 46% in March Nation’s property crisis has weighed on big builders, banks China’s home sales slump dragged on in March, signaling a much-hoped turnaround for the sector isn’t in sight yet. The value of new-home sales from...

To paraphrase Mark Twain, it’s easier to fool people into believing they’ll make piles of money than it is to convince them they’ve been fooled. Here’s the true story of stock investors who smoked so much “hopium” they lost their shirts — and their minds. Story by Bob...