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Weak U.S. retail sales point to slowing economy

1 month ago DieselGasoil Comments Off on Weak U.S. retail sales point to slowing economy
WASHINGTON (Reuters) – U.S. retail sales unexpectedly fell in April as households cut back on purchases of motor vehicles and a range of other goods, pointing to a slowdown in economic growth after a temporary boost from exports and inventories in the first quarter. Automobiles are shown for sale at a car dealership in Carlsbad, Read More

Asian shares fall to three-and-a-half month low as trade war escalates

1 month ago DieselGasoil Comments Off on Asian shares fall to three-and-a-half month low as trade war escalates
SHANGHAI (Reuters) – Fresh U.S.-China tariff war volleys pressured Asian shares on Tuesday, but comments from U.S. President Donald Trump that he expects trade negotiations to be successful aided sentiment. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage in Tokyo, Read More

U.S. goods trade deficit with China tumbles to five-year low

2 months ago DieselGasoil Comments Off on U.S. goods trade deficit with China tumbles to five-year low
WASHINGTON (Reuters) – The U.S. goods trade deficit with China, a focus of the White House’s “America First” agenda, shrank to its smallest in five years in March, which could embolden President Donald Trump as he escalates his trade war on Beijing. FILE PHOTO: An aerial photo shows the Cap Jackson container ship, currently sailing Read More

World stocks climb after U.S. payrolls data tops views; dollar falls with inflation comments

2 months ago DieselGasoil Comments Off on World stocks climb after U.S. payrolls data tops views; dollar falls with inflation comments
NEW YORK (Reuters) – Global equity markets rallied on Friday, buoyed by a U.S. payrolls report that blew past expectations, while the dollar weakened after several Federal Reserve officials voiced concerns about low inflation. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2019. REUTERS/Brendan McDermid Read More

World stocks climb, dollar dips in wake of U.S. payrolls report

2 months ago DieselGasoil Comments Off on World stocks climb, dollar dips in wake of U.S. payrolls report
NEW YORK (Reuters) – Global equity markets climbed on Friday, buoyed by a U.S. payrolls report that blew past expectations, while the dollar weakened after comments on inflation from some Federal Reserve officials. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2019. REUTERS/Brendan McDermid U.S. Read More

Berkshire Hathaway has been buying Amazon shares: CNBC

2 months ago DieselGasoil Comments Off on Berkshire Hathaway has been buying Amazon shares: CNBC
FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, at the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking (Reuters) – Berkshire Hathaway Inc has been buying shares of Amazon.com Inc, according to Chief Executive Officer Warren Buffett, CNBC reported on Thursday. “One of the fellows in the office that Read More

Stocks slip, dollar drifts after Fed dents rate cut hopes

2 months ago DieselGasoil Comments Off on Stocks slip, dollar drifts after Fed dents rate cut hopes
LONDON (Reuters) – Europe’s share markets struggled on Thursday and the dollar and bond yields trimmed overnight gains made after the U.S. Federal Reserve dampened bets that it might be readying its first interest rate cut in years. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Read More

Futures eke out gains as investors look past Fed decision

2 months ago DieselGasoil Comments Off on Futures eke out gains as investors look past Fed decision
(Reuters) – U.S. stock index futures were modestly higher on Thursday, as investors looked past the Federal Reserve’s patient stance on monetary policy and awaited more earnings reports. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 13, 2019. REUTERS/Brendan McDermid/File Photo The benchmark S&P Read More