09:53 AM EST, 01/24/2025 (MT Newswires) -- The January flash reading of manufacturing conditions from S&P Global rose to 50.1 from 49.4 in December, compared with an expected reading of 49.8 in a survey compiled by Bloomberg as of 7:40 am ET, a seven-month high and representing a return to growth. The gain follows negative readings from the New York...

WASHINGTON (Reuters) - U.S. business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported boosting hiring, supporting the Federal Reserve's cautious approach to cutting interest rates this year. S&P Global said on Friday that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, declined to 52.4 this month. That...

WASHINGTON (Reuters) - U.S. business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported boosting hiring, supporting the Federal Reserve's cautious approach to cutting interest rates this year. S&P Global said on Friday that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, declined to 52.4 this month. That...

DAVOS, Switzerland (Reuters) -Saudi Economy Minister Faisal Alibrahim said on Friday that the kingdom's $600 billion expanded package with the United States includes investments as well as procurement from the public and private sectors. Alibrahim's comments were the first public remarks by a Saudi official after U.S. President Donald Trump said the kingdom's investment should be rounded up to $1...