European PMI data suggests the downturn may not be as severe China Private Survey Shows PMI Contraction Continues Factory activity contracts in Japan and South Korea Polls point to darkening outlook for Asia next year LONDON/TOKYO, Dec 1 (Reuters) – Factory output fell sharply last month due to slowing global demand and the impact of …
New York CNN Business — CNN informed employees on Wednesday that layoffs have begun, a move that is expected to impact hundreds of Global News Network employees and mark the deepest cuts to the organization in years. Chris Licht, who took over as the network’s chief executive in May, described the cuts in a memo …
Minneapolis CNN Business — A key measure of inflation, wholesale prices, rose 8% in October from a year earlier, according to the latest report from the Bureau of Labor Statistics. Although still historically high, this is the smallest increase since July last year and significantly better than expected. It’s the second inflation report this month …
Another Key Economic Report Shows Inflationary Pressures Easing | CNN Business Read More »
