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Why US stocks are down: Dow, Nasdaq slide as Iran tensions push oil, yields higher amid Trump-Xi talksWall Street's main stock indexes fell as Middle East tensions weighed on financial markets. Oil prices have risen, which is causing a spike...
US weekly jobless claims decrease as labour market regains footingRecent data reveals that initial claims for unemployment benefits in the US have dipped, signaling a stronger labour market. However, busin...
America in focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%The US economy remained in focus as inflation, borrowing costs and consumer spending has been shaping the outlook for households and busine...
US stocks today: US stocks rebound as tech rally gains momentum on easing oil, yieldsUS stocks rebounded sharply on Thursday, led by technology shares as easing oil prices and lower Treasury yields offered relief after the F...
US weekly jobless claims unexpectedly fallUS unemployment claims dropped unexpectedly last week, though this may reflect holiday volatility. The underlying labor market trend shows ...
US unemployment claims dip to 206,000 as layoffs continue to remain rareUnemployment claims have experienced a modest decline last week, remaining historically low. Companies are reluctant to make layoffs, recal...
Global Market Today: Asian stocks rise as Fed rate-hike bets easeMSCI’s Asia Pacific equities gauge climbed 0.3%, led by South Korea’s benchmark after Fed Governor Christopher Waller said he would support...
US stocks today: Dow soars 600 pts, S&P, Nasdaq over 1% as Fed governor Waller's remarks ease rate hike fearsUS stocks rallied over 1% on Thursday as Fed Governor Christopher Waller's comments eased rate hike fears ahead of the US jobs report. The ...
US unemployment claims rise to 206,000 last week, remain near historically low levelsLast week's statistics revealed an increase in new jobless claims in the United States, with initial filings rising to 206,000 for the week...
Gold, silver ETFs crash up to 8% as US Fed rate hike expectations climb. What should investors do?Gold and silver ETFs fell sharply on Monday, with some funds declining up to 8% as precious metal prices extended their losses. Rising expe...
Gold prices drop 9,500/10 gram in 4 days; silver down Rs 7,700/kg as US Fed rate hike bets increase. Buy, sell or hold?Gold and silver prices extended their losses for a fourth straight session on Monday as comments from US Fed Chair Kevin Warsh fuelled expe...
Gold holds ground after 3% drop on Warsh's hawkish stanceOn Monday, gold prices held steady following a noteworthy decline. Federal Reserve Chair Kevin Warsh suggested that interest rate hikes cou...
America In Focus: Key inflation gauge remains high; Fed's Warsh signals rate hikes may be neededKey inflation gauges remained elevated last month, showing persistent cost pressures for Americans. Federal Reserve Chair Kevin Warsh signa...
Global Market Today: Asian shares slip as US stock futures dip ahead of Warsh’s Jackson Hole speechFutures for the Nasdaq 100 Index fell 0.3% and those for the S&P 500 Index retreated 0.2% as initial enthusiasm about the artificial intell...
The number of Americans applying for jobless aid slips to 203,000 as layoffs remain lowJobless claims in the United States have fallen to historic lows. Layoffs are rare, and most Americans currently enjoy job security. The ec...
US inflation holds at 3.7% in July, complicating Fed rate debateU.S. inflation remained unchanged in July, exceeding the Federal Reserve's target. This persistent inflation complicates the central bank's...
America in focus: Fed officials eye higher rates; unemployment claims fallFederal Reserve officials consider higher interest rates if inflation persists. Mortgage rates have eased slightly but remain higher than l...
US unemployment claims dropped to 206,000 last week with layoffs still sparseUS weekly jobless claims fell to 206,000 last week from a revised 212,000, signalling that layoffs remain historically low despite higher e...
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
US unemployment claims rise but remain at healthy levelUS jobless claims saw a slight increase last week, yet layoffs remain historically low. Current workers enjoy unusual job security as the l...