Business
US business activity edges lower; pricing power ebbs further
U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers.
U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers.
U.S. stocks fell on the first trading day of 2024 after investors tempered expectations around interest-rate cuts this year.