Goldman Sachs on Wednesday downgraded its ratings on two EV makers, citing concerns about time to market, among other worries.
Two leading suppliers of data and information announced a merger valued at $44 billion Monday morning. S&P Global will acquire IHS Markit in an all-stock deal that is expected to be completed in the...
AAA estimates that about 50.5 million Americans will be traveling for the Thanksgiving holiday this year, a decline of about 10% year over year.
There may not yet be a hiring recession happening again, but small businesses are tempering some of their hiring and rehiring as the new wave of COVID-19 cases increases the odds of another shutdown.
Millions of people are running short on cash while very few job options are open, yet the general state of businesses looks rather healthy.
Small businesses are often collectively referred to as the backbone of the U.S. economy. While the stock market managed to recapture all of the losses from February and March and hit new all-time...
Overall business activity from services and manufacturing operations in the United States is showing some pre-coronavirus strength, according to IHS Markit.
Economists look closely ahead of each monthly unemployment and payrolls report at hiring trends in the private sector and in small businesses.
The length of time Americans keep their cars certainly will rise this year, as a multiyear trend meets the pandemic.
Competition for Tesla is heating up and the electric vehicle sector is on fire. Should Tesla be worried about competition or its own ability to execute?
U.S. crude oil production and crude oil inventories both rose last week. Gasoline inventories are falling, however, and pump prices continue rising.
U.S. crude oil production is expected to decline by 1.75 million barrels by next month, according to IHS Markit. Some production may resume, however, if prices remain above $30 a barrel, and more...
Oil industry analysts at IHS Markit forecast the global over-production of crude will amount to 14 million barrels a day in the second quarter. About that much again is expected to go into storage.
The average age of a car on the road in America is over 11 years. This poses a nearly impossible dilemma for manufacturers as they try to get sales back to former levels.
Global Manufacturing PMI as reported by IHS Markit, dropped to an 11 year low as all nations but China suffered sharp drops in factory activity. China’s improvement was negligible. According to...