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U.S. markets news

ISM manufacturing activity slumps in November: ISM
NEW YORK The U.S. manufacturing sector contracted in November, falling to its worst levels since June 2009, when the economy was still in the midst of a recession, according to an industry report released on Tuesday.
Manufacturing in U.S. Unexpectedly Shrinks Most Since June 2009  Bloomberg
US Factory Activity Hits 6-Year Low  Wall Street Journal
Financial Times  
Puerto Rico makes Dec 1 debt payment
NEW YORK Dec 1 Puerto Rico has made a Dec. 1 bond payment, avoiding a second default, but its liquidity position is severely constrained, the commonwealth's Government Development Bank said in a statement.
Puerto Rico to Avoid Default by Making December Bond Payments  Bloomberg
Senator: Puerto Rico avoids default on debt  USA TODAY
Dollar, RMB, Euro: A New World Economic Order
By Linda Yueh, Adjunct Professor of Economics, London Business School. STR/AFP/Getty Images. That's essentially what the inclusion of the Chinese currency, the RMB or yuan, as the fifth global reserve currency in the IMF's SDR basket, signals.
Small News On The Yuan  New York Times (blog)
Lagarde: RMB inclusion is milestone for IMF's reform  Xinhua
Bank of England to Ease Capital Pressure on UK Banks
LONDON—The Bank of England Tuesday declared an end to years of financial-crisis banking reforms, saying U.K. banks had broadly done enough to strengthen their balance sheets.
European stocks pegged back by losses at Linde  Reuters
Britain's major banks pass stress tests  Salt Lake Tribune
UnitedHealth CEO Terms ACA Exchange Growth a 'Bad Decision'
UnitedHealth CEO Stephen Hemsley offered a mea culpa Tuesday for his company's decision to dive deeper into the Affordable Care Act's public insurance exchanges, a move that ultimately forced the nation's largest health insurer to cut its earnings ...
United Healthcare CEO Calls ACA Exchange Expansion A 'Bad Decision'  CBS Local
Obamacare Encourages People To Hasten Its Demise -- Revisiting My Debate ...  Forbes
'Giving Tuesday' Marks Day of Charity After Black Friday, Cyber Monday Sales
People who opened their wallets for Black Friday and Cyber Monday may want to keep them open just a bit longer to give back to an organization of their choice today, which is known as #GivingTuesday.
#GivingTuesday: When the shopping ends, the giving begins  CBS News
VIDEO: #GivingTuesday simply portrays the real meaning of Christmas  Irish Examiner
Canada rebounds with 2.3 per cent quarterly GDP growth, but weakness persists
OTTAWA - Canada has climbed out of the recession that nudged the economy into reverse over the first half of 2015 - but a rebound in growth during the third quarter has already shown signs of lost momentum.
UPDATE 1-Canada pulls out of recession as growth resumes in 3rd quarter  Reuters
Canada's Economic Rebound Sapped by September Oil Surprise  Bloomberg
Amazon gadget sales more than triple over Thanksgiving weekend Inc said sales of its electronic gadgets more than tripled over the Thanksgiving weekend from last year, with the Fire tablet the top-selling product.
These Were Amazon's Top Selling Devices Over the Holiday Weekend  Fortune
Amazon Touts Record Black Friday Weekend Sales  PC Magazine
Canada Stocks Climb as Bank of Montreal Profit Tops Estimates
Canada stocks advanced, after capping a sixth monthly decline in seven yesterday, as Bank of Montreal rallied to a one-month high and Valeant Pharmaceuticals International Inc. rose for a second day.
BMO Financial Group Increases Common Share Dividend  CNNMoney
Scotiabank profit rises to $1.843B in Q4  CTV News
UPDATE 1-OPEC set for tough meeting, further price fall feared - sources
(Adds quote from Naimi, Iran). By Rania El Gamal and Reem Shamseddine. VIENNA Dec 1 OPEC is heading for a tough meeting this week, delegates and officials said on Tuesday, as country members pump record volumes amid an uncertain demand ...
Oil Prices Rise, But Energy Markets Remain Nervous  Wall Street Journal
Canada Dollar Drops as Economy Unexpectedly Shrinks in September  Bloomberg