Bank of America CEO Brian Moynihan is not worried about an economic slowdown, saying the U.S. consumer is still in a strong place.Banksread more
Target CEO Brian Cornell says he's encouraged by Trump's decision to postpone some consumer-oriented tariffs that were supposed to start Sept. 1.Retailread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
President Trump insists the economy is healthy and says the only thing holding U.S. growth back is the Federal Reserve.Marketsread more
Target shares opened at record high after the retailer beat second-quarter earnings expectations and boosted its full-year estimates.Retailread more
Gluskin Sheff's David Rosenberg predicts one of the strongest parts of the U.S. economy will disappoint Wall Street and lead to a market meltdown.Futures Nowread more
Sanders' sweeping proposal would make it easier for workers to join unions and end the so-called right-to-work laws recently favored by the GOP.2020 Electionsread more
Germany has sold a 30-year bond with a 0% interest rate for the first time on Wednesday.Marketsread more
Morgan Stanley warns that "the wheels for a slowdown are in motion," adding that a slowdown in the manufacturing sector is spreading.Marketsread more
Lowe's also tops rival Home Depot on same-store sales growth in the U.S.Retailread more
BEIJING, May 9 (Reuters) - China's producer price index (PPI) rose 0.9 percent year-on-year in April, its fastest pace since December 2018 and picking up from a 0.4 percent increase in March, data from the National Bureau of Statistics (NBS) showed on Thursday.
Analysts polled by Reuters had expected factory gate inflation would nudge up to 0.6 percent in April.
The consumer price index (CPI) increased 2.5 percent in April from a year earlier, its fastest pace in six months. It was also more than the 2.3 percent rise in the previous month and in line with analyst forecasts. (Reporting by Hong Kong newsroom; Editing by Sam Holmes)