Per capita GDP declined for a sixth consecutive quarter Household spending fell in quarter, detracting from GDP Australia’s economic weakness persisted in the three months through June as consumers hunkered down in the face of elevated borrowing costs and stubbornly...

Analyst ‘broadly comfortable’ with sovereign rating outlook Interest-rate cuts expected to restore GDP per capita growth S&P Global Ratings is “broadly comfortable” with New Zealand’s sovereign rating outlook, though it’s closely watching the nation’s large...

The August S&P Global US Manufacturing PMI™ fell to 47.9 in August from 49.6 in July, indicating a modest deterioration in business conditions for a second straight month. The latest reading was just below the forecasted reading of 48.0 and is the index's lowest...

Goldman economists lay out potential post-election effects Tariff policy, immigration measures seen as key elements Goldman Sachs Group Inc. economists gamed out the potential economic implications of a Republican or Democratic victory in the November elections,...

ISM August factory index at 47.2 after 46.8 a month earlier Orders gauge shows steepest contraction since May 2023 US manufacturing activity shrank in August for a fifth month, reflecting faster rates of declines in orders and production. The Institute for Supply...

Dewu’s growing popularity is weighing on luxury sales, shares Hot luxury items sold at discounts up to 66% on Dewu China’s gray market — where brand new, authentic products are sold at steep discounts — is increasingly dwarfing some global luxury giants’ official...