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The evacuation zone around a failing chemical tank in Southern California is shrinking after officials said the “worst-case scenario” of a catastrophic explosion has been averted....
The Institute for Supply Management’s index of services dropped 2 points to 50, a level that indicates stagnation. The figure was … source
ABC News’ Alexis Christoforous reports on lates economic numbers as President Donald Trump’s tariffs continue to play out. source
The US economy contracted by 0.3% in the first quarter due to a surge in imports and moderate consumer spending. This was the first contraction since...
The Institute for Supply Management’s factory gauge rose 1.9 points, the most since March, to 48.4. The median projection in a … source
Volkswagen’s operating margin shrank to the lowest since the Covid-19 pandemic forced the carmaker to idle production and shutter showrooms. Bloomberg’s Oliver Crook reports. ——– More...
Bill Ackman’s Pershing Square USA has withdrawn the initial public offering for a US closed-end fund after previously expecting to … source
German Bunds erased earlier gains after the German economy contracted in the second quarter on a quarterly basis, missing … source
Apr.29 — The U.S. economy shrank at a 4.8% annualized pace in the first quarter, the biggest slide since 2008 and the first … source
Apr.16 — China’s economy recorded the first contraction in decades in the first quarter as the coronavirus outbreak shut down … source
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