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Highlights of the day: TSMC sees strong demand for 5nm process
In the wake of the coronavirus outbreak, many firms in the IT world have revised their business outlook for first-quarter 2020. But TSMC still sees significant demand for its foundry services, reportedly seeing its upcoming 5nm capacity fully b.....»»
Global stocks rally as Biden surge offsets coronavirus fears
The dollar and world equity markets rose on Wednesday as investors were cheered by a strong showing by Joe Biden in the U.S. Democratic presidential primaries, although the economy-slowing coronavirus outbreak kept investors on tenterhooks......»»
Introducing: 5 St. Louis-area higher ed leaders to headline new Business Journal event series
This is a transformative time in the world of higher education, on several fronts. For one, a strong national economy leads to pressure on the job market to produce talent. The business community more than ever is looking toward higher education ins.....»»
‘A Trust Paradox.’ New Report Finds Distrust in Capitalism, Government and Global Institutions — Despite a Strong Economy
Despite near full employment, the report found that 56% of respondents believe capitalism does more harm than good in the world A new report found widespread distrust in societal institutions — defin.....»»
Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes
Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world's no. 1 economy even before the hoped-for end to the trade war between Washington and Beijing......»»
US Fed to hold fire as economy ends 2019 on a strong note
With the strength of the world's largest economy on display at year end, the US Fed.....»»
Trade optimism lifts world stock markets
World stocks hit their highest in almost two years on Tuesday, keeping record highs in sight, following fresh signs that the United States and China were working to end a bitter trade war that has dealt a blow to the global economy......»»
Trade optimism lifts world shares
World shares staged a cautious rally on Monday as investors held out for some progress in U.S.-China trade talks, while the dollar dipped after its latest rally on the back of strong U.S. economic data......»»
U.S. companies say consumer still strong even as broader outlook dims
Walmart became the latest company to point to a strong U.S. consumer, adding to a raft of firms in recent weeks citing healthy demand at a time when spending is seen as an increasingly key support for the economy......»»
Stocks gain on trade hopes, risk appetite lifts dollar
The dollar strengthened and global stock markets rallied on Monday on signs the United States and China are nearing the end of a damaging trade war as well as indications the world economy may dodge a recession......»»
Coca-Cola, Schlumberger Earnings Help Boost Investor Morale Despite China Data
Data from China showed the world’s largest economy grew at the slowest pace in nearly three decades, and the weaker-than-expected print threatened to take the fizz out of stocks. But U.S. shares seem to be holding up well as a strong s.....»»
U.S. firms sour on their future in China as trade war bites: AmCham
The China-U.S. trade war is souring the profit and investment outlook for U.S. companies operating in the world's second-biggest economy, a survey by a prominent American business association showed......»»
Wall St. opens higher after strong retail sales data, Walmart results
U.S. stocks opened higher on Thursday as a surge in July retail sales and Walmart's robust results eased fears of a recession in the world's largest economy, while differing reports on the U.S.-China trade dispute kept investors on edge......»»
China rebuffs Trump claim U.S. tariffs are making firms leave
Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump's claim that his tariffs are causing companies to move production away from the world's second largest economy......»»
Global stocks rise after strong earnings, deal news; data lifts U.S. yields
World stock market.....»»
China Trade War’s Rapid Route to Recession
President Trump's current stance of tariffs and trade could badly cripple the two largest economies in the world and throw a relatively strong and stable global economy into recession......»»
U.S. data, hopes over Brexit vote lift shares; dollar eases
World equity markets broadly rose on Wednesday, lifted by investor optimism that British lawmakers will rule out a no-deal Brexit and fresh U.S. data that highlighted a strong economy with low inflation, an outlook that weakened the dollar......»»
IMF sees world economy weaker post-2020, lifts US estimate to 2.9%
The IMF warned the expansion could be derailed if countries resort to tit-for-tat trade sanctions.....»»
"There is no free lunch", Macron tells tech giant CEOs
PARIS (Reuters) - President Emmanuel Macron told executives from the world's biggest technology firms on Wednesday that he wanted innovation to be a driving force for the French economy, but also that they needed to contribute more to society......»»
Wall Street climbs on strong jobs data, tech rally
(Reuters) - U.S. stocks rose on Friday after the latest monthly jobs report pointed to strength in the world's largest economy and cemented expectations of at least two more rate hikes by the Federal Reserve this year......»»