Manufacturing and services PMIs missed to the downside, trade data underwhelmed while bank lending, after jumping spectacularly in January, decelerated sharply. Now you can add industrial output and retail
As the world's second largest economy decelerates to its slowest pace in 25 years, the rest of the world is left wondering how it affects them. In a note to clients late Friday, Goldman Sachs Chief Economist
Stocks are starting 2016 horribly. To put it mildly. From a Dow (DJIA or Dow Jones Industrial Average) at 18,000 in early November values of leading companies have fallen to under 16,000 – a decline of
Google decided to look for security vulnerabilities to see how devices made outside of the company fare security-wise, Google wrote in a blog post. The majority of Android devices are made by Original
During its quarterly earnings call on Tuesday, Apple CFO Luca Maestri pointed out that IBM has been saving roughly $270 on each MacBook its employees use instead of a traditional PC, largely due to lower
The third-quarter figures are in for the Swiss watch industry, and it’s not good news. Exports slid 8.5 percent over the past three months, continuing a trend that has some worried that newer tech like
In a letter to shareholders, Netflix said its forecast for the third quarter was off due to higher-than-expected "involuntary churn" because of the transition in the US to a different credit-card technology.
Originally, Starbucks wanted to add mobile ordering to its smartphone app portfolio, and tapped Square for its expertise. And on the backend, every card swipe at Starbucks was processed by Square, which
The world will come crashing down (again): Inside the global debt crisis that America is about to import |
This comes as the IMF warns of the continued existence of “high public and private debt in advanced economies and remaining gaps in the Euro architecture” that since the Great Recession remained unaddressed.
NEW YORK (Reuters) - Apple Inc could be facing up to $862 million in damages after a U.S. jury on Tuesday found the iPhone maker used technology owned by the University of Wisconsin-Madison’s licensing
But even if the markets and economy as a whole were to turn, there will continue to be growth stories here and there that'll deliver no matter what. These are the secular growth stories. On Tuesday, Morgan
Good news for airlines passengers: Carriers are finally passing on some of the savings from dramatically lower fuel prices toward fare reduction. And the low fares may continue until the end of the year.
Mobile You'll soon be able to get your daily Starbucks caffeine fix with Apple Pay. Starbucks coffee shops will begin accepting Apple's mobile payment system in a pilot program in a number of stores starting
Since the financial crisis, corporations have managed to deliver robust profit growth by offsetting the drag from weak sales growth with widening profit margins. These fatter profit margins came from costs,
So, let's start with the basic premise: Consumers are not economists. This means that normal people who have a job and then decide what to do with their hard-earned money often make decisions that economists
Barclays analysts visited China and came back saying it was one of the most bearish trips they've ever taken
This relationship, however, appears to be at an end. "We are just back from our annual (since 2003) trip to China, and this one definitely fits in the top-quartile of bearish field trips," Barclays Scott
However, it looks like the new iPhone is also more powerful than Apple's recently unveiled 12-inch MacBook, at least according to one test. Daring Fireball's John Gruber compared test results from the
Cautious Federal Reserve officials, spooked by a slowing Chinese economy and turbulent markets, delayed a long-awaited interest rate increase and, in the process, heightened the uncertainty engulfing and
WASHINGTON (Reuters) - U.S. consumer prices unexpectedly fell in August as gasoline prices resumed their decline and a strong dollar curbed the cost of other goods, pointing to tame inflation that complicates
SAN FRANCISCO — Hewlett Packard said Tuesday afternoon that 25,000 to 30,000 people will leave the enterprise division as part of a planned spinoff. The cuts, meant to cut $2.7 billion in annual costs,
Grasso, who led the "Big Board" from 1995 to 2003, said in an interview to be broadcast on Sunday that the market chaos of August shows flaws in the stock market, according to Bradley Hope at The Wall