Global economy loses steam as Chinese, European factories falter
Thu Oct 1, 2015 11:20am EDT
World economic growth lost momentum in September, with China’s factory output shrinking again, euro zone manufacturing growth slowing, and U.S. activity steady.
U.S. job growth cools in last two months, raising doubts on economy
Fri Oct 2, 2015 8:35am EDT
U.S. employers slammed the brakes on hiring over the last two months and wages fell in September, raising new doubts the economy is strong enough for the Federal Reserve to raise interest rates by the end of this year.
Oil rises as Syria fighting intensifies; US worries over hurricane fade
Thu Oct 1, 2015 11:47pm EDT
Oct 2 Crude prices rose on Friday as fighting in Syria intensified, but remained on course to end the week largely unchanged as a hurricane was seen as less likely to affect U.S. oil facilities
Bank of England says might raise top-up capital buffer for banks
Thu Oct 1, 2015 6:04am EDT
The Bank of England has signaled that it might raise for the first time the amount of capital that banks must set aside as extra protection against risks from future crises, saying lending was picking up as Britain’s economy recovers.
Euro zone manufacturing growth dips in September PMI
Thu Oct 1, 2015 4:19am EDT
Oct 1 Euro zone manufacturing growth weakened slightly last month on the back of a slower pace of new orders and output, even as factories started cutting their prices again to drum up business, a survey showed.