Global TV advertising sales fell almost 4% in 2019, the steepest drop since the depths of the economic recession in 2009, in the latest sign that advertisers are following viewers to the internet.
The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said.
China’s potential economic growth will be below 6% over the next five years, an adviser to China’s central bank said on Saturday.
U.S. consumer sentiment rose to a seven-month high as record stock prices bolstered optimism and Americans' buying attitudes improved, adding to renewed economic cheer following a robust jobs report.
David Kostin, Goldman Sachs chief U.S. equity strategist, joins “Squawk on the Street,” to discuss the market’s big move lower after President Trump’s comments that he might strike a trade deal with China only after the US presidential election in November 2020.
It’s impressive how well the U.S. economy has held up during the past year. As early as 2018, leading indicators were suggesting a heightened risk of recession in 2019 or 2020.
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the nation’s policy makers to the test.
U.S. consumer spending rose steadily in October, suggesting the economy will probably maintain its moderate pace of growth in the fourth quarter.
Now is a good time for higher-earning Medicare recipients to check whether a small reduction in this year’s income could make a big difference in future premiums.
Goldman Sachs told clients on Monday that the longest bull market in modern U.S. history will continue in 2020 and mark its 11th anniversary in part thanks to an expected political stalemate in Washington.