05 Sep Fleets, Logistics Firms Mobilize as Dorian Inches Up Coast As Hurricane Dorian continued to creep up the East Coast and terminals shuttered in anticipation, logistics groups launched into action. Read more...
05 Sep Consumer Comfort Climbs to Five-Week High U.S. consumer comfort bounced back to a five-week high as assessments of personal finances reached the second-highest level since 2000, offering hope American households can continue to fuel the economic expansion. Read more...
05 Sep Growth at US Service Firms Quickens While Employment Cools Growth at U.S. service industries in August comfortably topped expectations on the sharpest monthly rebound in business activity since early 2008, favorable figures that were tempered by a slowdown in hiring. Read more...
05 Sep Business Expectations Index Drops to Record Low A gauge of service industries’ business expectations fell in August to the lowest level since the survey started in October 2009, according to the IHS Markit monthly report. Read more...
05 Sep US Productivity Climbs 2.3% in Second Quarter Productivity rose at a healthy pace in the second quarter but dropped at American factories, another sign of trouble for manufacturers. Read more...
05 Sep Companies Add Most Jobs in Four Months U.S. companies added the most jobs in four months in August while jobless claims stayed low last week, reports showed Sept. 5, suggesting the labor market remains healthy despite a slowdown in manufacturing and global weakness. Read more...
05 Sep Oil Rises Toward $57 as US and China Plan Talks Oil rose near $57 a barrel as China said it will resume talks with the U.S. to try and resolve a trade impasse that has weighed on global growth and fuel consumption. Read more...
05 Sep Federal Reserve Finds Wide Tariff Anxiety U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve. Read more...
05 Sep Hurricane Dorian, Back to a Category 3, Creeps Up East Coast CHARLESTON, S.C. — Hurricane Dorian, back to a Category 3 storm, began raking the Southeast U.S. seaboard late Sept. 4, threatening to inundate low-lying coasts from Georgia to southwest Virginia with a dangerous storm surge after its deadly mauling of the Bahamas. Read more...
05 Sep China Says Trade Talks With US to Be Held in October BEIJING — China’s Commerce Ministry says talks with the United States on ending their tariff war will take place in early October in Washington, later than previously planned. Read more...