US Consumers Took It Easy on Their Credit Cards in November
US consumer borrowing slowed to $12.5 billion in November as credit card use fell.
US consumer borrowing slowed to $12.5 billion in November as credit card use fell.
BALTIMORE — U.S. companies added 202,000 jobs in December, led by robust hiring in construction, trade, transportation and utilities, according to a private survey.
Oil prices have climbed and global stock markets have sunk after Iran fired missiles at U.S. bases in Iraq in retaliation for the killing of an Iranian general.
WASHINGTON — U.S. services companies grew more quickly in December than the previous month, a sign that the economy’s steady expansion should continue.
Inflation across the 19-country eurozone spiked to a six-month high in December even before the recent spike in oil prices in the wake of the U.S.-sanctioned killing of Iranian general, Qassem Soleimani, official figures showed Tuesday.
World stock markets have stabilized after two days of losses as investors monitor tensions between the U.S. and Iran.
US trade deficit falls 8.2% to $43.1 billion in November, lowest since 2016.
Borden is filing for bankruptcy protection, the second major US dairy to do so in as many months.
Stocks shook off an early loss and managed modest gains on Wall Street as traders remain cautious about rising tensions between the U.S. and Iran.
Global stock markets are taking another hit while oil and gold prices have surged in response to the escalating tensions in the Middle East. Markets have been roiled since Friday, after the U.S. killed Iran’s top general in a drone strike.