Fiat’s dividend slashed to boost cash after merger with PSA
Fiat Chrysler Automobiles NV and PSA Group amended the terms of their merger to form one of the world’s largest ...
Tag: bloomberg news
U.S. Consumer Credit Extends Rebound as Auto Sales Increase
U.S. consumer borrowing rose in July for a second month, reflecting an increase in non-revolving credit such as auto loans ...
US unemployment rate drops by more than expected, to 8.4%
The U.S. labor-market rebound extended for a fourth month in August, offering hope that the economy can continue to recover despite a ...
US jobless claims unexpectedly increase to more than 1M
Applications for U.S. unemployment benefits unexpectedly increased last week, a stumble for the labor market in its long road to ...
US jobless claims below 1M for first time in pandemic
The number of Americans applying for state unemployment benefits fell below 1 million for the first time since the pandemic ...
Fed ramps up auto bond buying with industry starting to recover
The Federal Reserve’s historic foray into the credit market has benefitted auto companies the most, supporting an industry that’s borrowed its ...
China car recovery gathers pace with July sales accelerating
A recovery in China’s car sales accelerated last month, signaling the world’s biggest auto market is emerging from a two-year ...
Job growth tops estimates, signaling US rebound is grinding on
The U.S. labor market continued to regain ground in July, though at a slower pace, indicating the economic rebound is ...
