US service sector growth picks up; input prices gauge highest in nearly two years
U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year ...
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New hydrocarbon discovery unlocks secrets of how Solar Systems form
Polycyclic aromatic hydrocarbons (PAHs) are an abundant class of organic molecules in space, playing a significant role in ...
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December Services-Sector Expansion Accelerates Above Consensus, ISM Survey Shows
The US services sector expanded faster than expected last month as business activity picked up, according to Institute for Supply Management data released Tuesday. The ISM's purchasing managers' index ...
Material Handling Industry Outlook Is Positive Despite Weak December
Material handling data from the industry group MHI weakened in December compared to November. However, the outlook over the ...
CNBC Daily Open: Renewed inflation worries jolt markets
Investors are so worried about inflation returning that the ISM services index’s price reading is sending shock waves through ...
Stock market today: Indexes close lower as new data clouds rate cut views
The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest ...
Morning Bid: A JOLT of reality for markets
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Dollar Rises After Strong U.S. Data. Fed Minutes Could Add to Gains.
The dollar was rising after strong U.S. economic data Tuesday firmed expectations that the Federal Reserve will take a cautious approach to cutting interest rates. U.S. job openings increased to a six ...
Stocks climb after ISM manufacturing report
U.S. stocks are building on their early gains after the latest ISM manufacturing report showed a decline in manufacturing employment, [but an increase in new orders.]( ...