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A closely-watched indicator of economic activity suggests the economy is on course to contract in the current third quarter of the year. A preliminary reading for the S&P Global/CIPS Purchasing Managers’ Index (PMI), which covers the dominant services sector and manufacturing, highlighted a slump in factory output and broader weakness during August. It blamed stubbornly
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Catholic nuns in Texas have mutinied against their bishop and banned him from their monastery for “spiritual safety” in the latest salvo in a bizarre religious feud. They say they have been subjected to “aggression, humiliation and spiritual manipulation” as a result of the “attitudes and ambitions” of Bishop Michael Olson. It comes after Bishop
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