economic
Investing.com — US stocks fell sharply Friday, pressured fresh worries about the economy after data showing the U.S. economy created fewer than expected jobs last month. By 12:56 ET (1656 GMT), the 30-stock fell 426 points or 1%, the benchmark fell 1.8%, and the tech-heavy slumped 2.6%. Nonfarm payrolls come…
By Maria Martinez and John O’Donnell BERLIN (Reuters) – Having lost cheap energy from Russia and facing uncertainty over its once-lucrative trade ties with China, big German business is now facing a crunch point over a third ingredient in its long-time formula for success – consensual industrial relations. Together, Germany’s…
Investing.com — U.S. stocks were mostly lower Thursday, as mixed employment data stoked jitters about the underlying strength of the economy just a day ahead of the August nonfarm payrolls report. At 12:55 p.m. ET (1655 GMT), the 30-stock had slipped by 328 points or 0.80%, while the benchmark 0.5%,…
Americans are increasingly seeing travel as a need rather than a want, with many people willing to cut back in other areas — or even go into debt — before giving up vacation altogether.Rod Griffin, senior director of public education and advocacy at Experian, said even though many Americans are…
By Johann M Cherian (Reuters) – Wall Street’s main indexes were set to open slightly higher on Thursday after AI chip firm Nvidia (NASDAQ:)’s largely in-line forecast and data that showed the U.S. economy remained robust. Chip bellwether Nvidia’s shares pared some losses and were last down 3.1% in premarket…
Investing.com– Most Asian stocks rose on Thursday amid increased optimism over lower U.S. interest rates, but overall gains were limited as a downward revision in payrolls data spooked markets. Japanese stocks were by far the best performers for the day, as purchasing managers index data showed sustained growth in the…
Investing.com — The S&P 500 climbed Monday as recession fears continue to ease ahead of busy week as the Fed releases the minutes of its July meeting, while chairman Jerome Powell is expected to offer clues on future monetary policy at the Jackson Hole central bank symposium on Friday. By 13:59…
After the Harris campaign shared details of what to expect from the candidate’s economic policy speech on Friday, some big-wigs in Silicon Valley lost no time in bashing the yet unspoken proposals. In particular, they slammed her plan to impose the first federal ban on corporate price-gouging and high grocery…
Investing.com– Most Asian stocks moved in a tight range on Tuesday as caution persisted before a slew of key economic readings this week, while Japanese markets rose sharply after a long weekend. Regional markets took middling cues from a flat overnight close on Wall Street, as anticipation of closely-watched U.S.…
Vice President Kamala Harris’ running mate Minnesota Gov. Tim Walz, seen as a win for progressives, may be exactly who she needed to get her economic policies off the ground.As governor, Walz has enacted policies such as universal school meals, gun safety provisions, stronger labor protections, and poverty reduction measures.…
