The numbers: The cost of imported goods fell 0.6% in November and retreated for the fifth month in a row, helping to ease intense inflationary pressures in the U.S. Economists Read more
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Dow ekes out gain Friday, stocks book second week in a row of gains
Major U.S. stock indexes ended a choppy session mixed Friday, while still posting weekly gains, after monthly jobs data showed the Federal Reserve’s rapid pace of interest rate hikes has Read more
Home builders sentiment index falls for record tenth month in a row in October. Home builders say the ‘situation is unhealthy and unsustainable.’
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 8 points to 38 in October, the trade group said on Tuesday. It’s the tenth month in a Read more
U.S. trade deficit in goods shrinks fifth month in a row. Strong dollar dings exports
The numbers: The U.S. trade deficit in goods narrowed for the fifth month in a row to $87.4 billion, reflecting reduced demand for imports and the negative effects of a strong Read more
U.S. trade deficit in goods shrinks fifth month in a row. Strong dollar dings exports
The numbers: The U.S. trade deficit in goods narrowed for the fifth month in a row to $87.4 billion, reflecting reduced demand for imports and the negative effects of a strong Read more
U.S. wholesale inflation falls for second month in a row due to cheaper gas
The numbers: The cost of wholesale goods and services fell 0.1% in August largely due to cheaper gas, but there were also some signs of easing inflation even as persistent Read more
Dow, S&P 500 end lower Tuesday for a 3rd day in a row as summer rally pauses
U.S. stocks finished lower on Tuesday as investors awaited a Friday update from the Federal Reserve on its potential path to higher rates. The Dow Jones Industrial Average DJIA, -0.47% Read more
Green Thumb Industries notches eighth profitable quarter in a row in U.S. cannabis
Green Thumb Industries Inc. navigated a more uncertain economic environment and managed to beat Wall Street estimates with its eighth quarterly profit in a row. The cannabis company active in Read more
U.S. stocks tumble for 4th day in a row on hotter-than-expected inflation report
U.S. stocks closed lower on Wednesday for the fourth day in a row after the latest consumer price index showed that headline inflation climbed to its highest level in 40 Read more
Twitter Row: Ravi Shankar Prasad said – Twitter is failing to follow the rules, does not have the right to get legal protection
New Delhi. The legal protection given to micro-blogging site Twitter in India (Harbour Provision) is now over. Union Information Technology Minister Ravi Shankar Prasad clarified the government’s stand on this Read more