U.S. jobless claims retreat after hitting highest level in eight months
admin The numbers: Initial jobless claims fell by 5,000 to 256,000 in the week ended July…
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Was Fed’s Powell dovish or not? 4 key takeaways from today’s press conference
Investors reacted as if Fed Chairman Jerome Powell’s press conference Wednesday was dovish, but many…
Read MoreFed jacks up interest rates again to combat highest inflation in 41 years
The Federal Reserve on Wednesday raised a key U.S. interest rate for the fourth time…
Read MoreU.S. trade deficit in goods narrows for third straight month in June
The numbers: The U.S. trade deficit in goods narrowed 5.6% to $98.2 billion in June,…
Read MoreThe global economy may soon be teetering on the edge of a recession, IMF says
The global economy is facing the possibility of a severe downturn that would rank in…
Read MoreWhirlpool slashes annual guidance, seeing demand slowdown
Appliances maker Whirpool Corp. late Monday reported mixed second-quarter earnings and slashed its guidance for…
Read MoreHere are 5 things we’ve learned so far from earnings season
Only about one-fifth of the S&P 500 have so far reported second-quarter results, but at…
Read MoreU.S. July flash PMI data show ‘worrying deterioration’ in economy
The numbers: The U.S. services PMI fell to a 26-month low of 47 in July…
Read MoreU.S. stock futures push lower, with disappointing Snap results weighing on the tech sector
U.S. stock index futures were tilting south on Friday with technology stocks set to lead…
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Here are 5 things we’ve learned so far from earnings season
Only about one-fifth of the S&P 500 have so far reported second-quarter results, but at…
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