China is losing competitiveness to lower-cost producing countries like Vietnam and Indonesia, which is pressurizing its manufacturing sector, says Stanley Szeto, Chairman & CEO of Lever Style.» Read More
Some small American manufacturers are avoiding China's turmoil.
Financial firm Markit said its Purchasing Managers Index for the services sector slipped to 55.2 in August from the final 55.7 reading in July.
U.S. oil prices are headed for their eighth consecutive down week.
Sean Callow, senior currency strategist at Westpac, says the flash Caixin/Markit manufacturing purchasing managers' index come on the heels of a slew of disappointing data and will likely fuel expectations of further stimulus.
David Zhang, head of E Fund & PM at E Fund Management, US, says markets should focus more on the services PMI, which tracks the new economy sectors underpinning future growth in China.
Indian Prime Minister Narendra Modi has touted his country's manufacturing capabilities. Now, more companies are moving in.
New York state factory activity tumbles to its lowest level since 2009.
Manufacturing activity in New York state plunged due to steep drops in new orders and shipments, although optimism on future business improved.
Some American companies with manufacturing operations in China have been impacted by Wednesday's explosion in the port city of Tianjin.
U.S. companies reliant on China will be affected by the yuan's depreciation, but consumers will likely benefit from cheaper imports, says David Dietze, chief investment strategist at Point View Wealth Management.
Stanley Szeto, chairman and CEO of Lever Style, says the yuan's fall has limited effect for local businesses. Alex Wong, director of Asset Management at Ample Capital, explains why there's room for further yuan devaluation.
"This takes us out of the market for an elephant," Warren Buffett tells CNBC about the $37.2 billion deal for Precision Castparts.
BMW, the world's biggest luxury carmaker, warned that its FY financial forecasts may be at risk from any further deterioration in the Chinese market.
Boeing is scrambling to find financing for a satellite contract scuttled over uncertainty about the future of the U.S. Export-Import Bank, sources said.
A worldwide slump in industry lies behind this year’s tumble in precious and base metal prices, a commodities expert has told CNBC.
South Carolina is becoming a major new manufacturing hub of the South. CNBC's Phil LeBeau reports.
CNBC's Phil LeBeau takes a look at South Carolina's efforts to become the nation's new manufacturing hub.
Wolfgang Schäfer, CFO of Continental, says its high-content markets beat sales expectations, which compensated for weaker Russia and Brazil markets.
Growth in the U.S. manufacturing sector edged up in July, according to an industry report released on Monday.
The downturn in China's manufacturing sector intensified in July, with the Caixin China PMI surprising with a drop to a two-year low.