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U.S. markets news

Puerto Rico avoids second default, but future payments uncertain
NEW YORK/SAN JUAN Puerto Rico avoided a default on debt maturing on Tuesday but warned that its deteriorating liquidity meant that future defaults loom.
Puerto Rico avoids default on debt payment  USA TODAY
Puerto Rico's governor issues 'distress call' to US Congress ...  Fox News
Manufacturing jobs at risk as industry contracts
In September, Caterpillar announced plans to eliminate 10,000 jobs in its global workforce. (Antonio Perez / Chicago Tribune). Gail MarksJarvisContact ReporterChicago Tribune.
US Factory Activity Hits 6-Year Low  Wall Street Journal
ISM manufacturing activity slumps in November: ISM  Reuters
US Construction Spending Rises to Highest Level in 8 Years
U.S. construction spending jumped in October, fueled by solid gains in home building and the largest increase in federal construction in nine years.
Construction Spending Highest Since Start of Recession  The MReport
Oil down nearly 1 percent on bets OPEC will not cut output | Reuters
NEW YORK Crude oil futures fell almost 1 percent on Tuesday on bets OPEC will not cut output to stem a supply glut when the world's biggest oil producers meet in Vienna later this week, although a rally in U.S.
IEA and OPEC, Historical Oil Rivals, Now Bear Some Striking Resemblances  Wall Street Journal (blog)
The Surprise For Oil - Not What You Think  Seeking Alpha
Global factory growth remained muted in November: PMI
LONDON Global manufacturing growth remained tepid in November as new orders came in at a slower pace and factories ran down existing orders, a survey showed on Tuesday.
Europe manufacturing improves, Americas and Asia slow  Economic Times
Manufacturing sector growth slumps to 25-month low  The Hindu
What you can do for Giving Tuesday
Today is Giving Tuesday, and people everywhere are turning their spending into donating. On this day of charity and hospitality, we're giving you a few ideas to help you do your part.
'Giving Tuesday' Marks Day of Charity  ABC News
5 Smart Ways To Give To Charity In December  Forbes
BMO Financial Group Increases Common Share Dividend
Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that the Board of Directors declared a quarterly dividend of $0.84 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2016, a 2 cent increase from the ...
BMO adds buyback to dividend hike and earnings beat  Seeking Alpha
Man City group sells 13% stake to Chinese investors
Manchester City's parent company have announced a deal which will see a consortium of Chinese institutional investors take a stake of just over 13 per cent in the group.
Manchester City is 10 times more valuable than it was just seven years ago  Quartz
IMF policymakers see need for more economic reforms in China
WASHINGTON: International Monetary Fund policymakers stressed the need for further economic reforms in China and saw some operational challenges in adding China's yuan currency to the fund's benchmark currency basket, the IMF said on Tuesday.
IMF opens door to adding currencies to SDR basket  The Australian Financial Review
Bernanke defends IMF move to add yuan to its currency basket  MarketWatch
Samsung set for software focus with new mobile chief
Mr Koh Dong-jin, president of the mobile communications business for Samsung Electronics. Photo: Reuters. mail · print. View all 0 comments.
Tech Five: Samsung names new head of mobile  USA TODAY
Samsung replaces mobile chief in wake of difficult year