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The figure was weaker than all estimates in a Bloomberg survey of economists. The business activity index, which is similar to the ISM’s factory output gauge, fell more than five points and into contraction territory for the first time since May 2020. E
The dollar index (DXY00 ) today is down by -0.19%. The ongoing shutdown of the US government is bearish for the dollar as the shutdown enters its third day today. The longer the shutdown is maintained, the more likely the US economy will suffer, and GDP g
Stellantis NV has lobbied the administration in recent days to waive or soften a possible 25% tariff that could otherwise hit medium-duty Ram pickups the company makes in Mexico, according to people familiar with the matter. General Motors Co. and Ford M
WASHINGTON (Reuters) -More countries are seeking to reshape their economies using public support for specific firms and sectors, but subsidies and other industrial policies can be costly and may not be effective unless carefully utilized, the IMF said on
The government shutdown delayed the jobs report and may postpone other key economic data. Here is what economists are looking at instead.
Merck shares climb nearly 14% as Pfizer's landmark drug pricing deal with the Trump administration sparked renewed optimism in pharma stocks.
Pfizer surges 14% after landmark Trump deal slashing drug prices while boosting U.S. investments.
The group’s advance was spurred by Pfizer Inc. on Tuesday when it agreed to slash some of its drug prices for Americans enrolled in the Medicaid insurance program in exchange for a three-year reprieve on import tariffs. The New York-based company also ag
Thinking about what to do with Donaldson Company stock? You are not alone. Whether you have been holding shares, watching from the sidelines, or just now considering a move, Donaldson’s recent price action probably has your attention. Over the last year,
TURIN (Reuters) -Amazon founder and executive chair Jeff Bezos said on Friday gigawatt-scale data centres will be built in space within the next 10 to 20 years, predicting they would eventually outperform Earth-based ones thanks to the abundance of uninte
Earlier this week, new analysis highlighted that YETI Holdings is trading at a price-to-earnings ratio below its industry average and is expected to deliver double-digit profit growth over the next few years. This has prompted increased interest in the co
Somnigroup International (NYSE:SGI) shares have edged higher this week, catching the attention of investors curious about the steady climb. Interest is building as the company’s performance outpaces much of the consumer durables sector. See our latest ana
Griffon recently reported quarterly revenues of US$613.6 million, reflecting a 5.3% year-on-year decline and falling short of analysts’ expectations, with full-year revenue guidance also below consensus forecasts. Despite Griffon’s strong track record of
In recent days, China's state-backed China Mineral Resources Group instructed domestic steelmakers and traders to suspend purchases of all new dollar-denominated seaborne iron ore cargoes from BHP, halting imports from Australia's largest listed miner aft
Onward Holdings (TSE:8016) delivered a net profit margin of 4.1%, up from 4% a year ago, with earnings surging 17.5% over the past year. Over the last five years, the company averaged 73% annual earnings growth and transitioned into profitability, with re