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US composite PMI jumped to 52.1 in May, up from 50.6. Manufacturing and services sectors outpace estimates. Prices spiked at the fastest pace since August 2022, while tariff fears drove record input ...
Good morning. The dollar rebounds on signs the US service sector remains strong. Friedrich Merz takes over as German chancellor today. And 12-cent cola is shaking up India’s fizzy drink industry.
A gauge of prices last month rose to the highest level since early 2023, the Institute for Supply Management found in its ...
The US services sector rebounded in April, exceeding expectations with an ISM index of 51.6 per cent, signaling expansion despite market volatility from tariffs. New orders and employment rose ...
WASHINGTON (Reuters) - The U.S. services sector slowed to a nine-month low ... impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest ...