U.S. consumer spending increased by the most in seven months in October.
The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the Trump administration's 3 percent target this year.
The Federal Reserve issues a cautionary note about risks to financial stability, saying trade tensions, geopolitical uncertainty and a buildup in corporate debt among firms with weak balance sheets pose strong threats.
Southeast Asia is "a very attractive alternative" for companies looking to diversify away from China in the trade war, according to Satish Shankar from management consultancy Bain & Co.
At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high that it's a manageable problem, at least for the next year or two.
Goldman Sachs is not feeling very bullish about stocks in 2019, according to its official outlook report to clients out this week.
Chinese and American trade negotiators have made a last-minute change to their original plans and rescheduled their talks for Buenos Aires instead of Washington, a source who was briefed on the matter has told the South China Morning Post.…
U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell.
U.S. manufacturing output increased for a fifth straight month in October, shrugging off a sharp decline in motor vehicle production and suggesting underlying strength in factory activity.