Durable-goods orders jump 1%, but momentum unlikely to last as U.S. economy slows
admin The numbers: Orders at American factories for long-lasting goods such as autos and computers jumped…
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U.S. jobless claims jump to 240,000, highest since August
The numbers: Initial jobless benefit claims rose by 17,000 to 240,000 in the week ended…
Read MoreIs the stock market open on Black Friday? Thanksgiving week trading hours for major assets.
It’s going to be a short week on Wall Street. U.S. stock exchanges will be…
Read MoreTesla stock at two-year low, other EV-maker shares plunge as concerns simmer about China, oil futures
Tesla Inc. shares on Monday were poised to end at a fresh two-year low, with…
Read MoreCOP27: U.S. on the hook to pay for pollution; natural gas deemed transition fuel
For the first time ever, rich nations, including a top-polluting U.S., will pay for the…
Read MoreEconomy may be in a recession already, Conference Board says, after leading index drops for eighth straight month
The U.S. leading economic index fell 0.8% in October, the Conference Board said Friday. Economists…
Read MoreHousing starts drop 4.2% as high mortgage rates scare off home buyers
The numbers: Construction on new houses fell 4.2% in October as high mortgage rates scared…
Read MoreU.S. jobless claims dip to 220,000 but layoffs are starting to rise
The numbers: The number of Americans who applied for unemployment benefits in mid-November fell slightly…
Read MorePhiladelphia Fed’s manufacturing gauge sinks further in November
The numbers: The Philadelphia Federal Reserve said Thursday that its gauge of regional business activity…
Read MoreBlack Sea grain deal to be extended, UN says
U.N. Secretary-General António Guterres announced an extension of a four-month-old deal to ensure the safe…
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