The U.S. services sector contracted for the first time in nearly a year in May while businesses paid higher prices for inputs ...

The government is expected to report on Friday that nonfarm payrolls increased by 130,000 jobs in May after advancing by ...

Britain's services sector returned to tepid growth last month after fears about U.S. President Donald Trump's tariffs caused ...

The Dow Jones Industrial Average fell 0.2% to end near 42,428, based on preliminary data. The S&P 500 closed flat, up by less than half a point at around 5,971. The Nasdaq Composite rose 0.3% to close ...

The U.S. economy, for the most part, is a services economy. The services sector accounts for more than 70% of the country’s gross domestic product, according to the Bureau of Economic Analysis.

Service sector businesses “are all industries that power American economic growth. They’re the US economy’s secret sauce,” said Mark Zandi, chief economist for Moody’s Analytics.

The numbers: The Institute for Supply Management said on Monday that its service-sector PMI rose to 51.6% in April from 50.8% in the prior month. Economists polled by the Wall Street Journal had ...

BERLIN (Reuters) -Germany's services sector recorded its sharpest contraction in activity in 2-1/2 years in May as weaker ...

Italy's service sector expanded for a sixth month running in May and at the fastest pace for nearly a year, a survey showed ...

Digital Banking platform CaixaBank research highlights that the growth of services sustains the dynamism of the economy in ...