US Construction Spending Drops 1.3% in June
US construction spending falls 1.3% in June, biggest decline in 7 months, reflecting widespread weakness.
US construction spending falls 1.3% in June, biggest decline in 7 months, reflecting widespread weakness.
President Donald Trump says he will apply a 10% tariff on about $300 billion of Chinese goods.
General Motors’ second quarter profit rose just over 1% as strong sales of high-priced pickups and SUVs overcame falling global sales.
Luxury automaker BMW saw net profit fall 29% to 1.48 billion euros ($1.63 billion) in the second quarter as higher spending to develop new technologies and revamp factories weighed on the bottom line.
Industry body tells PM a deal is essential – or else firms will need substantial tax breaks
US worker annual compensation slows slightly to 2.7% gain for period ending in June.
Ryanair boss Michael O’Leary has warned staff to prepare for job cuts in the coming weeks, saying the airline has 900 too many pilots and cabin crew.
Stocks fell and bond yields rose on Wall Street Wednesday after the Federal Reserve lowered its key interest rate for the first time in a decade but left investors feeling uncertain about the likelihood of more cuts.
Chain uses an average of 200 million bathroom miniatures every year
New investment in the UK car industry has suffered a ‘precipitous’ decline.