Global Factories Increase Production but Overseas Demand Remains Soft

Factories across Europe and parts of Asia increased production in July, but the upswing was held back by weak overseas demand, suggesting a long and precarious road ahead for the global economy. 


 
U.S. Stocks Open Higher to Start the Month

The Dow industrials and S&P 500 rose as investors weighed halting steps toward a new coronavirus relief package and the U.S. registered its lowest number of new infections in weeks. 


 
U.S. Manufacturing Sector Continues Its Recovery in July -- ISM

Economic activity in the U.S. manufacturing sector continued its recovery in July, data from a survey compiled by the Institute for Supply Management showed Monday. 


 
Coffee Drinkers Stay Home, Hitting Some Beans Harder Than Others

The coffee bean market has bifurcated since lockdowns forced a shift in consumer behavior. Futures linked to arabica beans, which are popular in cafes and restaurants, have fallen much more than those tied to robusta beans, which are consumed largely at home. 


 
Democratic, Administration Negotiators at Loggerheads Over $600 Jobless Benefit

Democrats and Republicans remained at odds in weekend negotiations on a new coronavirus economic relief package, including aid to replace the federal $600-a-week boost to unemployment benefits that expired Friday. 


 
U.S. Counts Smallest Daily Rise in Coronavirus Cases in Weeks

Total Covid-19 cases world-wide surpassed 18 million, and the U.S. death toll was approaching 155,000 after the country posted a record number of new infections in the month of July. 


 
7-Eleven's $21 Billion Deal Could Be a Marathon

The massive deal makes strategic sense but still looks pricey, particularly given the struggling state of the U.S. petroleum industry. 


 
Nasdaq Indexes Lead Way on Both Sides of Atlantic

In the U.S. the stock-exchange operator's indexes are the country's best-performing major stock benchmarks this year. In Europe, the Nasdaq-owned Copenhagen exchange's index is leading the charge. 


 
Fed Weighs Abandoning Pre-Emptive Rate Moves to Curb Inflation

The U.S. central bank is preparing to effectively abandon its strategy of pre-emptively lifting interest rates to head off higher inflation, a practice it has followed for more than three decades. 


 
China Caixin PMI Hit Highest Level in Nearly a Decade

A private gauge of China's manufacturing activity rose to 52.8 in July, its highest level in more than nine years, boosted by accelerated production and recovering demand.