U.S. stock index futures fell on Thursday ahead of weekly jobless claims data, as worries over slowing economic growth were a drag…
Tag: inflation
U.S. job creation for August was a huge disappointment, sharply misses expectations
U.S. job creation for August was a huge disappointment with non-farm payroll growth in August increased by just 235,000 vs. expectations…
ADP U.S. unemployment report misses badly, with only 330,000 jobs added amid inflation concern
Private payroll firm ADP’s U.S. unemployment report on Wednesday revealed that employers added a disappointing 330,000 jobs in July…
Stock futures slide on growth and inflation fears; Federal Reserve stimulus taper
U.S. stock index futures fell on Thursday on growth and inflation fears and concern the Federal Reserve could begin to rein in its massive …
Apple, other tech stocks power S&P 500 to record high amid inflation concerns
The S&P 500 notched its third straight record high on Thursday, as investors considered the specter of U.S. inflation …
Hotter-than-expected inflation: Consumer prices jump 5% in May, fastest pace since the summer of 2008
U.S. Consumer prices for May accelerated at their fastest pace in nearly 13 years as inflation pressures continued to build in the U.S. …
S&P 500, Nasdaq weighed down by inflation worries
The S&P 500 dipped on Thursday as a slew of economic data showing a post-COVID-19 “V-shaped” recovery accelerated fears of rising inflation…
Key U.S. inflation gauge rises 3.1% year over year, higher than expected
The core personal consumption expenditures price index increased 3.1% in April year-over-year. The Fed considers it the best inflation gauge…
Futures fall as tech stocks lag ahead amid inflation worries
On Wednesday, U.S. stock index futures fell for the third straight session, led by losses in rate-sensitive tech stocks on fears that…
Stock selloff deepens as U.S. inflation spikes
The U.S. stock selloff deepened Wednesday as traders digested a spike in U.S. inflation. Consumer prices for April rose 4.2% year over year…
Nasdaq futures fall over 1% on inflation worries
Nasdaq futures dropped more than 1% on Tuesday, potentially presaging another day of losses for technology-related stocks with perceived…
Fed Chairman Powell announces major policy shift in approach to inflation
The U.S. Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run higher than…
Dow plunges 800 points in worst day of 2019
A selloff in U.S. stocks accelerated into Wednesday afternoon after the bond market flashed its brightest warning signal…
Analyst: Goldman Sachs spends $350 for every Apple Card customer; may lose money on credit card in the next recession
An analyst estimates that Goldman Sachs spends $350 to acquire each new Apple Card holder and thinks the bank will begin to break even on a customer after four years…
U.S. Treasury bond curve inverts for first time since 2007 in recession warning
In a classic sign of investor concern that the world’s biggest economy could be heading for recession, the U.S. Treasury bond yield curve inverted on Wednesday for the first time since 2007…
Venezuelan currency madness values a local bank more than Apple Inc.
What does it take to surpass Apple Inc. as the world’s most valuable traded company?
Federal Reserve Chair Janet Yellen fuels stock market rally
Stocks were at session highs on Wednesday, July 12, as congressional testimony from Federal Reserve Chair Janet Yellen…
Fed raises interest rate, signaling confidence in American economy
Demonstrating confidence in the health of the American economy, the Federal Reserve..
Apple joins other foreign brands in raising prices in Japan
Apple Inc hiked prices of iPads and iPods in Japan on Friday…
U.S. markets set to open lower after disappointing unemployment, inflation data
Wall Street stocks were set for a lower open on Thursday as worries…
