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US factory activity slumps further in December as tariffs loom

By Lucia Mutikani WASHINGTON (Reuters) - U.S. manufacturing activity contracted further in December, with a measure of factory output dropping...

Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says

(Reuters) - European and American carmakers are set to lose up to 17% of their combined annual core profits if...

US business activity gauge rises to 31-month high in November

WASHINGTON (Reuters) - A measure of U.S. business activity raced to a 31-month high in November, boosted by hopes for...

U.S. Auto Industry to See Limited Growth, Rising EV Pressures, Says S&P Global

NEW YORK, Oct. 14, 2024 S&P Global sounded the alarm on the U.S. auto industry, stating it faces limited growth and rising challenges over...

Euro-Zone Private Sector Back in Contraction on Factory Slump

(Bloomberg) -- The euro area’s private-sector economy shrank for the first time since March, with a deepening manufacturing downturn heightening concerns that the region’s...

Nvidia stock can climb for the next 12 months, S&P Global analyst says

Nvidia's stock rally has another 12-18 months left to go, according to S&P Global's Andrew Chang.The stock has at least another year of "strong...

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