Home / Author Archives: Top News Editor (page 256)

Author Archives: Top News Editor

U.S. Labor Productivity Revised To Unchanged In Q1

Revised data released by the Labor Department on Monday showed that U.S. labor productivity was unchanged in the first three months of the year. The Labor Department said productivity came in flat in the first quarter compared to the previously ...

Read More »

World Bank Maintains Global Growth Outlook

The World Bank maintained its global economic outlook and forecast growth to accelerate from a post-crisis low seen in 2016, while cautioning that risks to the global outlook remain tilted to the downside. In its June Global Economic Prospects, released ...

Read More »

China Private Sector Logs Moderate Growth

China’s private sector expanded at a moderate pace in May as services activity growth improved amid a contraction in the manufacturing sector, survey data from IHS Markit showed Monday. The Caixin composite Purchasing Managers’ Index rose slightly to 51.5 in ...

Read More »

Eurozone Retail Sales Rise Slightly In April

Eurozone retail sales grew only marginally in April as the rebound in food sales was partially offset by the weakness in non-food turnover. Retail sales volume edged up 0.1 percent in April from March, when they rose by revised 0.2 ...

Read More »

Australia Keeps Interest Rate At Record Low

Australia’s central bank decided to retain its interest rate at a record low for the ninth consecutive meeting amid signs of slowing growth. The board of the Reserve Bank of Australia, governed by Philip Lowe, kept the cash rate unchanged ...

Read More »