August Book-to-Bill Drops to 1.0, SEMI Reports
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Reflecting the recent cut revenue expectations and lowered analyst forecasts, North American semi equipment manufacturers reported a book to bill ration of 1.0 with $1.
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The nation's largest bookseller reports a fall in earnings and completes a spinoff.
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The Labor Department will release the August Consumer Price Index this morning at 8:30 a.m. EDT. In July, the CPI fell slightly due to falling gasoline prices. Also due this morning are jobless claims, which economists expect to increase by 26,000 to 345,000.
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WASHINGTON -- Battered consumers, faced with weak income growth and rising inflation, trimmed their spending in August by the largest amount in nearly a year. The Commerce Department reported Friday that consumer spending, after adjusting for inflation, dropped by 0.1 percent last month, the first...
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Overall, factory orders declined by 0.1 percent in August, following an increase of 1.7 percent in July.
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A new read on foreclosure filings showed a double-digit drop for November, but don't expect the slowdown to last.
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The number of mortgages approved by banks fell 22% in August compared to the same month last year, figures show.
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Business & money: Sixth successive month of price falls, and mortgage lending at two-year low despite rate cuts
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The new version will be available in August and the price of the current 60G-byte model will fall by $100 from Monday.
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The Consumer Price Index (CPI) in the United States increased by 0.1 percent in August following a drop of 0.1 percent in the previous month, the Labor Department reported on Thursday.
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U.S. retailers on Thursday reported  weaker-than-expected August sales, generating the smallest  monthly gain in a year and a half as high gasoline prices cut  into back-to-school spending.
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From department stores to discounters, the nation's retailers reported sluggish August sales yesterday as consumers cut back spending during the generally lucrative back-to-school shopping month.
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A surprise drop in US wholesale prices in August showed inflation apparently in check, but analysts said this was good and bad news for the US economy.
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The CPI rate of UK inflation fell to 1.8% in August from 1.9% in July, figures show, helped by cheaper energy bills.
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Plus: Gateway trims loss in third quarter...EDS delays earnings...Amazon outlook disappoints...PeopleSoft exceeds targets.
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Have weak first-quarter earnings pulled the plug on this party?
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The CPI rate of UK inflation fell to 1.8% in August from 1.9% in July, official figures show.