Google expands plans for its massive second headquarters in San Jose
A new proposal shows Google is expanding the scope of its massive planned headquarters in San Jose, California.
U.S. Consumer Sentiment Unexpectedly Rises to Three-Month High
Sentiment among American consumers posted a surprise jump in October amid expectations for rising incomes and lower inflation, indicating households will continue to extend the longest-running U.S. expansion.
China Hit by EU Tariffs as High as 66%
The European Union imposed tariffs as high as 66.4% on steel road wheels from China, targeting manufacturers such as Zhejiang Jingu Co. and Xingmin Intelligent Transportation Systems Co.
The hard data says the US economy is just fine
One major cluster of data shows the U.S. economy is doing well despite concerns of a potential recession.
Goldman Sachs: The economic run is not over and the US ‘is not close to recession’
A slew of weak economic data last week fueled fears of a recession, but Goldman Sachs said Monday the U.S. is still not close to a downturn.
Loretta Mester says consumers are holding up the economy, even as trade issues weigh it down
It’s trade policy, not Fed policy, that’s slowing economic growth, Loretta Mester, president and CEO of the Federal Reserve Bank of Cleveland, told CNBC on Friday.
September unemployment rate falls to 3.5%, a 50-year low, as payrolls rise by 136,000
Unemployment hit a fresh 50-year low in September even though nonfarm payrolls rose by just 136,000 as the economy nears full employment, the Labor Department reported Friday.
U.S. 2019 holiday sales to rise as much as 4.2% – NRF
U.S. holiday sales are expected to rise between 3.8% and 4.2% in 2019, higher than last year, the National Retail Federation said on Thursday, even as the retail group signaled uncertainty fueled by the prolonged U.S.-China trade war.
Third quarter could mark turning point in U.S. profit cycle
As investors prepare for U.S. corporations to report financial results next month, they could look past recent sluggish growth and find comfort as earnings look set to rebound after the third quarter.
Lagarde Says Global Recession Unlikely But Trade a Key Risk
“It is not in the baseline to have a recession,” Lagarde said in a Bloomberg Television interview on Tuesday. “That said, it’s mediocre growth, it’s at risk because of essentially one major threat, which is the trade war that we see developing or brewing and the uncertainty it generates for investors.”