reported thursday

WASHINGTON | Survey: US services firms grew in November

WASHINGTON — U.S. services firms grew at a slightly stronger pace in November, a sign that the recent stock market sell-offs have yet to dampen enthusiasm among consumers. The Institute for Supply Management, which is composed of purchasing managers, reported Thursday that its services index rose to 60.7 last month, up from 60.3 in October. … Continue reading WASHINGTON | Survey: US services firms grew in November

FRANKFURT, Germany | New speculation on successor to European bank chief Draghi

FRANKFURT, Germany  — A German news media report has stirred new speculation about who will succeed Mario Draghi as head of the European Central Bank, one of the globe’s most powerful economic policy jobs. The Handelsblatt business publication, citing unnamed government sources, reported Thursday that Chancellor Angela Merkel is willing to drop plans to push … Continue reading FRANKFURT, Germany | New speculation on successor to European bank chief Draghi