Hope Hicks's departure from the White House punctuates the attrition in President Donald Trump's inner circle, the close aides and confidantes that buoyed him in his first year in office but who are hitting the exits as his presidency encounters its worst turbulence. Trump's communications director, the
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U.S. factories expanded in February at the fastest rate since May 2004, indicating sustained strength in manufacturing as demand remains solid, figures from the Institute for Supply Management showed Thursday. Highlights of ISM Manufacturing (February). Factory index climbed to 60.8 (est. 58.7) from
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The cold snap rattling energy markets across Europe has revealed Britain's vulnerability to natural gas shortages driven by a lack of capacity to store the fuel. At the moment when the U.K. most needed a supply cushion to smooth out a surge in demand for gas and power, Centrica Plc announced a
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U.S. gross domestic product is expected to grow 2.7 percent this year and 2.4 percent in 2019, according to a Bloomberg survey of economists. Loeb, whose investments returned about 18 percent in 2017, said the stock market this year probably won't have the same tailwinds it had last year.
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Nominal consumer spending grew 0.2 percent, matching the median forecast in a Bloomberg survey and following a 0.4 percent gain. The Federal Reserve's … Bloomberg's Michael McKee and BlackRock's Rick Rieder break down the latest personal income and spending figures. (Source: Bloomberg)
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