WAS SHINGTON (Reuters) – U.S. Job Growth Probably. It will slow further in August, as financial aid from the government is threatening the recovery of the economy from the Covid-19 recession. File photo: Hundreds flee Frank outside the Kentucky Career Center, June 18, 2020 in Frankfurt, Kentucky, USA. In hopes …
Read More »When American Homebuilder’s Confidence Stands to Record, Mortgage Crimes Increase
(Reuters) – US homebuilder confidence boosted for a third straight month in August to hit its highest level ever, as record-low interest rates boost the buyer’s sales, data released Monday in the latest indication show that the housing market is a rare bright spot in the economic crisis triggered by …
Read More »GLOBAL MARKETS-Stocks dip on tight data; oil falls
* China, US data miss expectations * Travel shares plummet on UK quarantine movement * Review for US-China trade plan scheduled for Saturday * Graph: Global FX Rates in 2020 tmsnrt.rs/2RBWI5E (Updates pricing, changes comment, dateline; previous LONDON) By Rodrigo Campos NEW YORK, Aug 14 (Reuters) – Shares dip on …
Read More »U.S. retail sales kick off in July; obstacles mount for emerging economic recovery
WASHINGTON (Reuters) – U.S. retail sales increased less than expected in July as consumers cut back on motorcycle purchases, and could move slowly in the months ahead amid spiraling new COVID-19 infections and a reduction in controls for unemployment benefits. Despite the moderation in retail sales reported by the Department …
Read More »GLOBAL MARKETS World equities are falling as data points to sluggish economic recovery
* Data from China lacks expectations * Travel shares plummet on UK quarantine movement * Treasury revenue remains high after 30-year auction * Graph: World FX Rates in 2020 tmsnrt.rs/2RBWI5E By Tom Arnold LONDON, Aug 14 (Reuters) – Global equities dipped on Friday as eurozone data did not bode well …
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