US Services Economy Slumps In July As 'Hope' Hits 6-Month Lows

Following yesterday's disappointment in manufacturing data, Markit's latest survey confirms the Services industry slowed in July as higher prices are hurting margins and business expectations hit a 6-month lows. Worse still, ISM's Services survey tumbled with a big miss to its worst since Aug 2017.

  • Aug 3, 2018 10:04 AM

Trump Administration Announces Multibillion Stimulus For Farmers

Facing the brunt of President Trump's trade war with China, which threatens some $34 billion of US products and agriculture with duties, the White House has announced a $12 billion "short-term" stimulus plan to help US farmers hurt by China's "illegal" retaliatory tariffs. 

  • Jul 24, 2018 1:52 PM