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Oil prices were lower following the move by OPEC, a signal that growth concerns have overwhelmed expectations for lower supply.
"We’ve observed slower global growth, lower CEO confidence, and lower capital expenditure," Russell Investments said in a recent study.
"Pockets of strength" still lie in some segments of Singapore's economy.
Asian equities slumped after US indexes tanked at least 2% on Monday. "Markets are likely to take Trump's words with a few pinches of salt."
A measure of consumer confidence began to recover in April as Americans became increasingly upbeat about the economy.
GDP growth smashed expectations at the beginning of 2019. But economists say the upswing probably won’t last.
A broad measure of economic growth out Friday may have masked pockets of weakness in the economy.
Economists forecast that gross domestic product, a measure of all the goods and services produced in a country, expanded at an annualized rate of 2.3% in Q1.
Retail sales slipped in February as receipts fell in more than half of major categories, according to a Commerce Department report released Monday.
Here’s what recession watchers should look for in the coming months, according to Societe Generale.
Marijuana is the fastest-growing industry in the US job market, according to a new report