GM forecasts flat 2020 profit after a rough 2019
General Motors Co ( GM.N ) on Wednesday forecast flat profits for 2020 and reported a better than expected fourth quarter result as it kicked off a new effort to Continue Reading
Brace For A Global Crisis In 2020
The year 2020 could emerge as the start of the era of relative global chaos or major upheaval. It is the era we have been anticipating, as the impact of Continue Reading
Economic impact of coronavirus outbreak likely to eclipse SARS crisis
The effects of coronavirus are impacting the Shanghai Stock Exchange Yifan Ding/Getty The economic shock waves of the Wuhan coronavirus look likely to eclipse the 2003 SARS crisis , as Continue Reading
Ford shares dive after carmaker posts fourth-quarter loss, disappointing 2020 outlook
Investors sent Ford Motor Co shares skidding on Tuesday after the company delivered a weaker-than-expected 2020 forecast, warning of higher warranty costs, lower profits at its credit arm and continued Continue Reading
Goldman Sachs estimates modest hit to 2020 global growth from coronavirus
Goldman Sachs says 2020 global growth will take a modest hit from the outbreak of coronavirus, assuming an aggressive response from authorities in China and elsewhere to bring the rate Continue Reading
Global Factory Revival in Doubt as Coronavirus Spreads
Global manufacturing activity appeared to be steadying after a long slowdown, but is set to suffer a fresh setback due to China’s isolation in response to the coronavirus outbreak. January Continue Reading
Boeing’s Woes Create Headwinds for U.S. Economy
The U.S. economy just hit an air pocket. Blame Boeing Co. Every now and then a single company can have a measurable impact on growth. This time it’s Boeing, the Continue Reading
The Trump administration isn’t producing the economic gains it promised
It’s official: The economy last year grew at its slowest pace of President Trump’s term so far, expanding by 2.3 percent, well below the clip the president pledged to deliver. The report from Continue Reading
U.S. Economy Heads Into 2020 With Steady Growth
The U.S. economy headed into 2020 on a solid footing, with growth settling back to the roughly 2% pace that has prevailed during the decade-old economic expansion. Gross domestic product—the Continue Reading
US economy grows at slowest annual pace since 2016
The US economy expanded last year at its slowest annual pace since a manufacturing slowdown in 2016, as consumer spending showed signs of flagging. Gross domestic product rose at a Continue Reading