U.S. factory activity in November fell to the lowest level since the end of the recession, as a weak global economy and strong dollar continued to buffet the manufacturing sector.
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.
Manufacturing activity in the country fell to a 25-month low of 50.3 in November due to muted new business orders and demand, according to the Nikkei India Manufacturing Purchasing Managers' Index (PMI).
After Black Friday and Cyber Monday holiday buying sprees, along comes #GivingTuesday - a day of generosity promoted around the world.
Car sales are on track to reach their highest November sales volume since 2001, as Black Friday deals against a favorable economic backdrop helped buoy a traditionally sluggish month damped by fewer selling days.