Edition:
United Kingdom

Dan Burns

U.S. factory activity growing at weakest pace since 2016

03 Jun 2019

NEW YORK/WASHINGTON Growth in U.S. manufacturing activity slowed in May to its weakest pace in over two years as factory managers raised concerns about a trade war between the United States and China, a national survey showed on Monday.

Explainer: What is an inverted yield curve?

22 Mar 2019

The inversion of the U.S. Treasury yield curve extended to 3-month bills for the first time since 2007. Here is what that means.

RPT-GRAPHIC-Inside the Fed's balance sheet in four charts

21 Mar 2019

WASHINGTON, March 20 The Federal Reserve will remain the top holder of U.S. Treasuries for the foreseeable future after the central bank said it would stop shrinking its $4 trillion balance sheet by the end of September.

Inside the Fed's balance sheet in four charts

21 Mar 2019

WASHINGTON The Federal Reserve will remain the top holder of U.S. Treasuries for the foreseeable future after the central bank said it would stop shrinking its $4 trillion (£3.02 trillion) balance sheet by the end of September.

Pimco says some staff used 'legitimate' services of college scandal mastermind

15 Mar 2019

NEW YORK The figure at the centre of the U.S. college cheating scandal spoke twice in the past decade at events hosted by Pacific Investment Management Co (Pimco), one of the world's largest asset managers whose former chief executive is ensnared in the fraud, the company said on Friday.

What stood out in the February U.S. jobs report

09 Mar 2019

NEW YORK Headline U.S. job growth hit the brakes in February, registering the smallest gain since September 2017 and the third-smallest during the unprecedented run of 101 consecutive months of payrolls gains.

PG&E bond prices fall, spreads widen on bankruptcy plans

14 Jan 2019

NEW YORK Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy protection as it faces liabilities linked to wildfires in California.

PG&E bond prices fall, spreads widen on bankruptcy plans

14 Jan 2019

NEW YORK Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy protection as it faces liabilities linked to wildfires in California.

UPDATE 2-PG&E bond prices fall, spreads widen on bankruptcy plans

14 Jan 2019

NEW YORK, Jan 14 Bonds of PG&E Corp, owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy protection as it faces liabilities linked to wildfires in California.

Factbox: Past Nasdaq bear markets lasted long and cut deep

21 Dec 2018

On Friday, the Nasdaq Composite closed almost 22 percent below its record high daily close on Aug. 29, signalling a nearly nine-and-a-half year bull market run for the index ended in late summer.

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