Pressure on corporate cash impedes global buybacks, S&P says
The increase was driven by higher sales in petroleum, coal and chemical product subsectors
Prospective buyers may be holding off given lower interest rate forecasts, economist says
Both investment grade and speculative companies saw debts decline: S&P
Consumer spending stays weak, despite rising incomes
Household assets top $20 trillion, as financial assets climb
Central bank will need to accelerate easing to avoid recession, economist says
Stronger growth in U.S., China and India led the way
Unemployment has since risen in Canada, but remained at record lows in Europe
Fitch boosts U.S., world forecast for 2024, expects slowing in 2025