Joann Nappo

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U.S. factory activity at five-month high, bottlenecks emerging

WASHINGTON (Reuters) - U.S. factory activity accelerated to a five-month high in November amid a pickup in new orders and production, suggesting that the manufacturing sector was regaining its footing after a prolonged slump.<p>A Boeing 737 MAX plane is seen during a media tour of the Boeing plant in …

Economics

Investors Sink Money Into Gold and Other Safe Havens as Election Fears Mount

World stocks, the dollar and oil fell on Wednesday, while safe-haven assets such as gold and the Swiss franc rose as investors were rattled by signs the U.S. presidential race was tightening just days before the vote.<p>Investors were beginning to rethink their long-held bets of a November 8 victory …