Finance

Flextronics International Apple factory employees work on Apple Mac Pro computer assembly in Austin, TX, November 20, 2019. Tom Brenner | Reuters Economists are boosting their fourth quarter growth forecasts after the trade deficit narrowed and business investment showed a surprise pickup in October. The CNBC/Moody’s Analytic’s rapid update of economists forecasts showed a median
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The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters The stock market has been hitting record high levels day after day, but that doesn’t mean corporate CEOs are bullish about next year, according to J.P. Morgan Chase regional investment banking head John Richert. Instead, CEOs are worried about delivering
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European markets traded slightly lower on Tuesday morning, despite optimism over progress in the U.S.-China trade dispute. The pan-European Stoxx 600 slipped 0.1% below the flatline in early trade, with travel and leisure stocks dropping 2.5% as most sectors and major bourses edged into negative territory. Trade negotiators from Washington and Beijing held another phone
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European markets opened higher on Monday, with investors hopeful of progress in the U.S.-China trade dispute. The pan-European Stoxx 600 jumped 0.6% after the opening bell, with basic resources adding 1.7% to lead gains as all sectors and major bourses entered positive territory. U.S. National Security Advisor Robert O’Brien on Saturday said a so-called “phase
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A top Wall Street economist is lowering his recession forecast. But Barclays’ Michael Gapen warns it’s too early to give the U.S. economy the all-clear. “We do need to get over some of these hurdles that are a problem for business-sector spending of which is both U.S.-China trade concerns as well as things like Brexit
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