Second earthquake of August rattles New Jersey
HILLSDALE, NJ – Northern New Jersey recorded its second earthquake of the month Tuesday afternoon when a small 0.4 magnitude tremor struck about 2 kilometers southwest of Hillsdale. The U.S. Geological Survey…
Chicago leads in certain commercial property loan distress in August: KBRA
By Matt Tracy (Reuters) – Chicago’s commercial real estate sector loans, within certain securities, had the highest distress or delinquency rate in August among the top 20 U.S. metro cities, a new…
US consumer prices accelerate in August on gasoline
NEW YORK (Reuters) – U.S. consumer prices increased by the most in more than a year in August amid a surge in the cost of gasoline, but a moderate rise in underlying…
Chinese stocks lead foreign exodus from emerging markets in August -IIF
By Rodrigo Campos NEW YORK (Reuters) – Chinese stocks took a record hit as foreign investors yanked $15.5 billion out of emerging market portfolios in August, the largest monthly outflow in a…
Corporate defaults jump, highest August monthly tally since 2009 – S&P
LONDON (Reuters) – The number of new corporate defaults globally reached 16 in August, the highest August monthly number since 2009, S&P said in a report released on Wednesday, the latest sign…
Spain 12-month inflation rises to 2.6% in August driven by fuel
MADRID (Reuters) -Spanish national consumer prices rose 2.6% in the year through August, driven by the increased cost of fuel, up from a 2.3% increase during the 12 months through July, final…
German wholesale prices continue downward trend in August
BERLIN (Reuters) – German wholesale prices fell for the fifth month in a row in August due to lower prices for mineral oil products, data from the federal statistics office showed on…
Argentina August inflation forecast at highest since 1991
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s Consumer Price Index (CPI) likely rose 11.8% in August, which would be the highest monthly figure since 1991, according to a Reuters poll of…
NY Fed poll finds mostly stable inflation views, more financial worries in August
By Michael S. Derby (Reuters) – Americans’ overall views on inflation were little changed in August, even as they predicted rising price increases for things like rent, homes and food, while downgrading…
Brazil’s inflation expected to have picked up slightly in August: Reuters poll
By Gabriel Burin (Reuters) – Brazil’s inflation picked up slightly in August from July due to the finalization of a one-off discount on energy prices for residential users, a Reuters poll of…
Pakistan’s remittances recorded at $2 billion for August – central bank
(Reuters) – Pakistan’s foreign worker remittances were recorded at $2.09 billion for the month of August, the country’s central bank said in a statement on Monday, up slightly from $2.02 billion in…
US West Coast ports gained market share in August after labor deal -report
By Lisa Baertlein LOS ANGELES (Reuters) – U.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in August from the previous month, while their…
Egypt’s August headline inflation jumps to a record 37.4%
(Reuters) – Egypt’s annual urban consumer price inflation rate surged to a higher-than-expected record 37.4% in August from 36.5% in July, data from the country’s statistics agency CAPMAS showed on Sunday. Headline…
Police Continue Search for Moped Bandits in August Gun Incident
NEW YORK – The NYPD is asking for the public’s help in identifying two individuals involved in a menacing incident in Brooklyn on Sunday, August 27. The event took place at approximately…
Russian inflation rises to 5.15% yr/yr in August; monthly inflation is 0.28%
(Reuters) – Annual inflation in Russia was 5.15% in August, up from 4.30% in July, according to Russia’s statistics service. A Reuters poll had suggested that annual inflation would rise to 5.1%…
Canada gains 39,900 jobs in August, jobless rate holds at 5.5%
(Reuters) – Canada’s economy gained a net 39,900 jobs in August, largely in full-time work, and the jobless rate held at 5.5%, Statistics Canada data showed on Friday. Employment in the goods…
Taiwan August exports fall less than expected, growth seen resuming
TAIPEI (Reuters) – Taiwan’s exports dropped for the 12th consecutive month in August but less sharply than expected, and may return to growth in September ahead of the year-end holiday shopping season,…
Canada’s Ivey PMI shows activity rebounding in August
TORONTO (Reuters) – Canadian economic activity expanded in August, rebounding after a contraction in the previous month, Ivey Purchasing Managers Index (PMI) data showed on Thursday. The seasonally adjusted PMI rose to…
Airbus delivered 52 jets in August
PARIS (Reuters) – Airbus delivered 52 planes in August to bring the total so far this year to 433 units, the European planemaker said on Wednesday. It also sold 117 planes to…
US services sector picked up in August, along with prices
(Reuters) – The U.S. services sector unexpectedly gained steam in August, with new orders firming and businesses paying higher prices for inputs — potential signs of still-elevated inflation pressures. The Institute for…
Mexico’s core inflation to fall to lowest level since late 2021 in August: Reuters poll
MEXICO CITY (Reuters) – Mexican inflation likely slowed in August for the seventh straight month, with the closely watched core index expected to return to 2021 levels, a Reuters poll showed on…
Tunisia’s annual inflation rate rises to 9.3% in August
TUNIS (Reuters) – Tunisia’s annual inflation rate rose to 9.3% in August from 9.1% in July, the State Statistics Institute said on Tuesday. (Reporting by Tarek Amara; Editing by Jan Harvey)…
Foxconn’s August sales drop 8% y/y, Q3 outlook better
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and a major supplier for Apple, said on Tuesday revenue in August fell 8% year-on-year but forecast a better business outlook…
Italy’s service sector contracts in August for first time in 2023 -PMI
ROME (Reuters) – The Italian services sector contracted very slightly in August – the first time it has done so this year – signalling the possible start of a recession in a…
UAE’s non-oil business growth slows in August but confidence high-PMI
DUBAI (Reuters) – Growth in non-oil business activity in the United Arab Emirates eased in August to the slowest pace in six months, but business confidence rose to its highest since before…
Philippines inflation unexpectedly quickens to 5.3% in August
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine inflation proved stubborn after it unexpectedly quickened for the first time in seven months in August, due largely to an…
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