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Geography Is Back With a Vengeance
Trulioo Partners with Fiserv to Enhance Identity Verification Services
Yemeni government forces advance to Bab el-Mandeb Strait
Cenovus tumbles as C$5.7 billion Athabasca deal raises debt concerns
Canada services sector contracts for fourth month as tariffs, Iran war weigh
U.S. services sector activity slows in September amid increasing price pressures
US stocks mixed, while euro slides on France worries and Brazil markets surge
BIS chief warns soaring debt, market changes could complicate future crisis response
Biz2Credit Expands Leadership Team with Key Appointments
Former White House press secretary Karoline Leavitt joins Fox News as a contributor
Paramount Names Skydance Leadership as Merger Set to Close
Stocks Rise as Oil Drop Offsets Europe Debt Worry
The dangerous myth behind AI agent hacks
Bloomberg Launches Automated Trading for Japanese Government Bonds
Investors price in sanctions risk for US equities – study
U.S. Services-Sector Activity Continued to Expand in September
NatWest Accelerator Expands She Scales Initiative Across the UK
10-Year U.S. Treasury Note Yield Increases to 5.296%
Dext Payments Launches in Canada
Chevron Names Gustavson CFO as Oil Giant Eyes CEO Succession
UK grocer Sainsbury’s held merger talks with rival Morrisons, reports say
U.S. stocks mixed as bond sell-off counters fall in oil prices
ISM Non-Manufacturing PMI Falls Slightly Below Expectations
US services sector activity slows in September; price pressures mount
Yemen launches push to retake territory captured by Houthis
Basware Acquires Payment Fraud Prevention Platform Trustpair
Banks Explore Tokenized Money and Programmable Payments at Sibos 2026
US Service-Sector Growth Slows, Price Gauge Hits Four-Year High
Brazil’s markets surge as investors bet on Flávio Bolsonaro election win
CH Robinson to Buy RXO for $5.8 Billion in Bet on AI Model
South Africa Gasoline Prices Hit Record High After Oil Shock
Uganda Shilling Weakens to Record Low as Dollar Demand Persists
Ellison retains Thompson as CNN chief, unveils Skydance leadership team
US Supreme Court won’t hear Zillow’s bid to escape investor class action
U.S. Services PMI Edges Up, Slightly Beating Forecasts
US Composite and Services PMI Show Strong Growth in September
Canada’s services PMI shows sector shrinking for fourth straight month
Why your health insurance problem might not be over when you turn 65
Paramount Names Skydance Leadership Team as Merger Set to Close
Stocks Rise as Oil Drop Offsets Europe Debt Worry: Markets Wrap
US Private Sector Growth Remains Strong in September, Driven by Technology
Strategy Returns to Profitability on $21 Billion 3Q Gain
Cenovus Expands in Oil Sands With $4.1 Billion Athabasca Deal
UBS Maintains Neutral Rating on Tesla Following Strong Delivery Figures
Brazil benchmark stock index soars as Bolsonaro tops first-round vote
U.S. stocks open slightly higher with focus on bond market moves, oil prices
U.S. Treasury Withdraws Proposals on Crypto Surveillance
Stocks Waver as Europe’s Woes Dent Risk Appetite: Markets Wrap
Germany and France agree on last-resort tool against trade threats
Which stocks have the most interesting setups for Q3 earnings season?
US and German scientists win Nobel medicine prize for work on light and brain
Burst of Attacks in Gulf Heightens Fears Over Fragile Energy Trade
Kuwait Oil Output at 75% of Prewar as Hormuz Transits Rise
London Gold Body Seeks to Boost Finances With Higher Fees
Brazil Assets Surge as Investor Favorite Bolsonaro Leads in Race
Bitcoin Trading Stalls Below $87,334 Amid Mixed Market Signals
U.S. Services Sector PMI Expected to Decline Amid Rising Price Pressures
South Africa Gasoline Prices Head to Record High After Oil Shock
Brazil’s markets rally as investors bet on Flávio Bolsonaro election win
Houthi Authority Declares Saudi Airspace Unsafe Amid Ongoing Conflict
Germany and France Propose Trade Tool to Limit China's Market Access in the EU
SEC Coordinates with Global Financial Regulators to Raise Fraud Awareness During World Investor Week
Jane Street Denies Market Manipulation to India Securities Court
Emerging-Market Equities Jump, Brazil Assets Soar on Elections
Former President Trump Expected to Address Farmers' Concerns Today
Why is Wells Fargo stock climbing today?
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Karoline Leavitt, Trump’s ‘Machine Gun,’ Has a New Gig at Fox News
Eli Lilly-Backed TRex Bio Seeks to Raise $133.3 Million in IPO
US Services Sector Growth Slows in September Amid Rising Inflation
The US services sector experienced continued expansion in September, although the pace of growth has slowed. The Institute for Supply Management (ISM) reported that the Services Purchasing Managers' Index (PMI) decreased to 54.9 from 55.4 in August, marking the 27th consecutive month of expansion. Despite the decline, the index remains above the neutral level of 50, indicating ongoing growth in the sector.
Key components of the report showed mixed results. Business activity fell significantly to 56.5, down from 61.7, while new orders also eased to 59.8 from 60.9, suggesting solid demand remains but at a reduced pace. Employment figures showed a slight recovery, edging up to 50.1 after two months of contraction, indicating a return to modest job growth. Backlogs of orders increased to 56.6, the highest level since July 2022, suggesting that businesses still have significant work to process.
Inflationary pressures are becoming a growing concern, with the prices index rising to 74.0, the highest since July 2022. Respondents frequently cited rising fuel costs, tariffs, and supply constraints as factors contributing to increased expenses and longer delivery times. Additionally, new export orders fell sharply into contraction at 46.9, indicating potential challenges for US businesses in international markets. The mixed signals from the report suggest that while the services sector is expanding, rising costs and a slowdown in activity could influence future economic policy decisions by the Federal Reserve.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News