US consumer spending increases in August

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Source: Dukascopy Bank SA
The US consumer spending rose steadily in August, supporting expectations of strong economic expansion in the Q3, while inflation growth remained at the Fed's 2% target for a fourth month in succession.
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Fri, 28 Sep 2018 16:06:13 GMT

Growth in US Upper Midwest manufacturing growth weakest in 13 months

A measure of manufacturing activity in the Upper Midwest of the US fell to the lowest level in 13 months in September amid concerns over shortage of workers and higher costs tied to tariffs, a survey showed.

Fri, 28 Sep 2018 15:21:20 GMT

Novo Nordisk to lay off stuff in US

Denmark's Novo Nordisk is set to cut nearly 250 jobs in the United States, a spokesman said, adding that the drugmaker would also employ an undetermined number of people to new positions.

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