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Consumer sentiment declined in September to the lowest level in year as Americans anticipated a weaker economy in face of a global slowdown and turbulent financial markets. Stock market jitters may be shaking some Americans’ confidence in the health of the economy, especially as nations abroad experience growth slowdowns. Sustained improvement in the labor market and low energy prices will help provide a buffer for consumer attitudes, which will garner
Lower oil prices will force non-OPEC producers including the United States to cut output by the steepest rate in more than two decades next year, rebalancing an oversupplied oil market, the International Energy Agency said on Friday. The IEA, which advises the world’s biggest economies on energy policy, said global oil demand was poised to climb to a five-year high this year thanks to lower prices. It steeply revised its
Lower oil prices will force non-OPEC producers including the United States to cut output by the steepest rate in more than two decades next year, rebalancing an oversupplied oil market, the International Energy Agency said on Friday. The IEA, which advises the world’s biggest economies on energy policy, said global oil demand was poised to climb to a five-year high this year thanks to lower prices. It steeply revised its
The prices charged by U.S. manufacturers, farmers and other producers were unchanged in August, the latest evidence that inflation is tame. The Labor Department said Friday the producer price index, which …
The prices charged by U.S. manufacturers, farmers and other producers were unchanged in August, the latest evidence that inflation is tame. The Labor Department said Friday the producer price index, which …
Investors pulled another $19 billion from equity funds over the past week as they sought safety in government bond funds, which have enjoyed the longest run of inflows in four years, Bank of America/Merrill Lynch said on Friday. The exodus from emerging markets also continued, with losses extending into their ninth week due to sluggish growth and increasingly messy politics in a range of developing countries. Emerging equity funds shed
Investors pulled another $19 billion from equity funds over the past week as they sought safety in government bond funds, which have enjoyed the longest run of inflows in four years, Bank of America/Merrill Lynch said on Friday. The exodus from emerging markets also continued, with losses extending into their ninth week due to sluggish growth and increasingly messy politics in a range of developing countries. Emerging equity funds shed
China reacted angrily on Friday following a call by America’s top intelligence official for cyber security against China to be stepped up, and said the United States should stop “groundless accusations”. Director of National Intelligence James Clapper said the United States must beef up cyber security against Chinese hackers targeting a range of U.S. interests to raise the cost to China of engaging in such activities.
China reacted angrily on Friday following a call by America’s top intelligence official for cyber security against China to be stepped up, and said the United States should stop “groundless accusations”. Director of National Intelligence James Clapper said the United States must beef up cyber security against Chinese hackers targeting a range of U.S. interests to raise the cost to China of engaging in such activities.
Liam Payne is speaking out following criticism over comments he made to gay magazine Attitude, during which he expressed frustration over fans shipping a fan fiction relationship…