WASHINGTON (AP) – Americans increased their spending at retail stores and restaurants in July for a third straight month, but some evidence suggests sales are weakening with the expiration of bailouts for governments that previously put more money in the pockets of the people had. Friday’s report of the Department …
Read More »China’s economic recovery is underway as consumer comeback remains inevitable
BEIJING (Reuters) – China’s retail sales fell in July, sparking high expectations for modest growth as consumers in the world’s second-largest economy failed to shake warnings about the coronavirus while recovering of the manufacturing sector struggled to pick up pace. Asian markets pulled back Friday from the disappointing set of …
Read More »The 2020 comeback to record highs looks like leased markets of the past
A pedestrian wearing a face mask looks at a smartphone as he walks past the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images At some point in the small hours, it is both late and early. For those …
Read More »Day traders in Brazil study would have done better with 9 to 5 jobs
US, China postpone trade talks over weekend
The US and China are sending out talks scheduled for the weekend aimed at monitoring progress at the six-month mark of their phase-one trade agreement, people familiar with the matter said. Chinese Vice Prime Minister Liu He is due to hold a video conference with US Trade Representative Robert Lighthizer …
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