US durable goods orders fall on weakness in transportation equipment sector
WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods fell more than expected in October as orders for motor vehicles and parts dropped amid strikes by the United Auto Workers (UAW) union…
RONNA MCDANIEL: Biden’s Wretched Speech Against Republican Voters Reveals His One True Weakness
RONNA MCDANIEL: Biden’s Wretched Speech Against Republican Voters Reveals His One True Weakness Ronna McDaniel on September 7, 2022 In Joe Biden’s America, everything is more expensive, streets are less safe, and…
U.S. construction spending dives in June on single-family housing weakness
WASHINGTON – U.S. construction spending tumbled in June as outlays on single-family homebuilding declined sharply amid rising mortgage rates. The Commerce Department said on Monday that construction spending dropped 1.1% in June…
Manulife Asia on track for 2025 earning goal despite economic weakness
By Selena Li HONG KONG – Manulife Financial’s Asia unit is on track to account for half of the Canadian insurer’s core earnings by 2025 despite economic slowdowns and impact of COVID-19…
Analysis-Steep oil and sunken yields flash more weakness for Japan’s yen
By Kevin Buckland and Alun John TOKYO – A jump in the price of oil and a yawning gap between yields at home and those of U.S. bonds have left Japan’s yen…
Analysis-Investors brace for more weakness in U.S. corporate debt
By Davide Barbuscia NEW YORK – Investors are preparing for more downside in U.S. credit markets, as bets that the Federal Reserve will become more aggressive than previously expected threaten to further…
Global steel output grows 3.7% in 2021 despite Chinese weakness
LONDON – Global crude steel production gained 3.7% last year to 1.95 billion tonnes, World Steel Association data showed on Tuesday, despite weaker output in top producer China as an energy crunch…
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