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Business, Economy

“Manufacturers show faint signs of revival in May as economy slowly reopens, ISM finds”

“ISM manufacturing index climbs to 43.1% in May from 41.5%… The Institute for Supply Management said its manufacturing index climbed to 43.1% last month from an 11-year low of 41.5% in April, suggesting the worst of the economic damage from the pandemic… Continue Reading…

Economy

“Buffett says economy is slowing amid virus fears”

“Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business… Buffett said the reports he gets from Berkshire’s assortment of more than 90 businesses and stock… Continue Reading…

Economy, Stocks

“Man who made a killing during financial crisis says that, at some point, the stock market will slow down — but, till then, ‘I love riding a horse that’s running’”

“Tepper’s bull thesis appears to be the equivalent of the oft-used Wall Street investing mantra: Don’t fight the tape. He tells CNBC that “at some point, the market will get to a level that I will slow down that horse and… Continue Reading…

Economy

“China Moves to Steady Its Slowing Economic Growth”

“China on Wednesday moved to pump more cash into its financial system, suggesting that Beijing remained concerned about faltering growth despite signs that the world’s second-largest economy was stabilizing… The country’s slowdown has sent ripples through the global economy. Germany narrowly… Continue Reading…

Economy

“China’s Growth Slows To 30-Year Low, What Does It Mean For The Global Economy?”

“China’s economic growth slowed to 6% in the third quarter, the lowest in thirty years and “below” analysts’ expectations of 6.1%. But, quite frankly, if anyone is seriously disappointed by the 6% figure because they had been expecting 6.1%, they… Continue Reading…

Economy

“Second-quarter U.S. GDP left at 2%…”

“The U.S. economy grew more slowly in the second quarter, updated figures confirm, and is slow growth is expected to persist through the end of the year largely because of the festering trade fight with China. Gross domestic product, the… Continue Reading…

Economy, Stocks

“August was a month to forget for investors. September may be little better”

“US stocks on Thursday had their best day in roughly two weeks on hopes that trade tensions between the United States and China could ease… August is shaping up to be the second worst month for stocks this year, in sharp contrast… Continue Reading…

Economy

“GDP slows to 2.1% in second quarter but beats expectations…”

“GDP increased 2.1%, down from 3.1% from the first quarter, and the weakest increase since the first quarter of 2017 when President Donald Trump took office. Dow Jones Q2 estimates were for 2% growth. However, the underlying numbers in the… Continue Reading…

Economy, Real Estate

“Home sales fall 4.9% in slow start to spring buying season”

“Sales of existing U.S. homes Opens a New Window. fell in March after a huge gain the previous month, held back partly by a sharp slowdown among the most expensive properties Opens a New Window. . The National Association of… Continue Reading…

Business, Economy

“…small businesses shows signs of cooling”

“The number of small business sales counted by online market BizBuySell.com fell 6.5% during the first quarter from the same period of 2018, following a 6% fourth quarter drop. BizBuySell.com reported 2,504 first quarter transactions, down from 2,678 a year… Continue Reading…