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TEMPE, Ariz., Dec. 1 (UPI) -- U.S. manufacturing activity declined for the fourth consecutive month in November, the Institute for Supply Management said Monday. The institutes's headline index, the Purchasing Managers Index,...
European and U.S. stock markets slumped Monday, giving up around half of last week's gains, after a raft of weak economic data renewed fears that the global economy is slowing sharply. Asian shares closed modestly lower.
WASHINGTON (Reuters) - The U.S. economy has been in a recession for a year, the nation's business cycle arbiter declared on Monday, while European leaders vowed to step up public spending to try to cushion a deepening downturn.
NEW YORK (Reuters) - Stocks headed for a slide at the opening on Monday as concerns about the deepening world economic slump dented the appetite for risk and investors fretted about the start of what they fear will be a bleak...
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar and yen rallied on Monday as sharp declines in U.S., European and Chinese manufacturing activity unnerved investors and pushed world stock markets lower. The yen...
