December 5, 2023
WASHINGTON, D.C.: Orders for manufactured goods produced in the United States fell sharply in October, dragged down by a steep decline in transportation equipment orders, reversing an overall increase in September. New orders for durable goods declined by 5.4 percent in October from a month earlier to $279.4 billion, according to revised Commerce Department data.
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LONDON: UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed on Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak. The Consumer Prices Index stood at 4.6 percent in October, the Office of National Statistics
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Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation slowed sharply to an annual rate of 4.6 per cent in October, driven by a fall in the energy price cap, meaning prime minister Rishi Sunak has met his pledge to halve inflation by year
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jobs growth in the US is forecast to have slowed sharply in October after a bumper reading in September — a scenario that would fuel expectations of the Federal Reserve holding interest rates at current
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DETROIT: Automakers posted big increases in new vehicle sales during the summer despite high prices, rising interest rates and even a limited strike against Detroit companies. Industry sales rose 16.3 percent from July through September as consumer demand stayed strong, even given an average new vehicle loan rate of 7.4 percent and an average vehicle
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Julvonnia McDowell was making dinner one evening when she got a call saying that her 14-year-old son, JuJuan — a gentle boy who loved animals, who was so generous that he gave a pair of shoes to a classmate who was being teased — had been shot. He was visiting a relative’s home when another
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by Calculated Risk on 10/04/2023 07:11:00 PM From the Las Vegas Visitor Authority: August 2023 Las Vegas Visitor Statistics August was a solid month with more than 3.3M visitors as weekend occupancy was largely on par with last year while midweek saw notable gains supported in part by a strengthening convention segment that included recurring
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by Calculated Risk on 9/22/2023 09:56:00 AM From WardsAuto: September U.S. Light-Vehicle Sales Heading for Strong Year-Over-Year Gain Despite Strike Impact (pay content). Brief excerpt: The possibility in September that other automakers will benefit much from buyers defecting from the Detroit 3 brands is negligible. The vehicles currently impacted by shutdowns either are products with
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BEIJING: China’s outstanding yuan-denominated loans rose by 1.36 trillion yuan (about $188.63 billion) in August, central bank data showed on Monday. The amount saw a sharp rise from 345.9 billion yuan reported in July and was 86.8 billion yuan more than that seen in August last year, according to the data from the People’s Bank
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Receive free UK economy updates We’ll send you a myFT Daily Digest email rounding up the latest UK economy news every morning. Housebuilding in the UK last month fell at the second-fastest pace since the first Covid-19 lockdown, reflecting the impact of high interest rates on demand, according to a closely watched survey. The S&P
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