Stock market on Wednesday
US stock indices are down today as traders assess statistical data and corporate reports.
At 09:53 ET, the Dow Jones index was down 217 points or 0.6%, while the S&P 500 was down 0.6% and the Nasdaq Composite was down ...
The best January since 2001
At the end of January the Nasdaq Composite stock index, consisting of shares of high-tech companies, rose by 11%, which was the best dynamics for this period since 2001.
Analysts consider several...
Stocks before Fed decision
US stock indices moved higher in early trading on Wednesday as market participants await the results of the Federal Reserve's December meeting.
The Dow Jones Industrial Average index was up 199.86 points (0.59%) at 34,308...
US recession
The US may be able to avoid a recession despite an interest rate hike by the Federal Reserve. Agustin Carstens, general manager of Bank for International Settlements (BIS), expressed this view.
"The latest US labour market and business...
Greenwashing campaign
Major oil companies have engaged in a "long-term greenwashing campaign" while making "record profits at the expense of American consumers", as the Democrat-led House Oversight Committee found after a year-lo...
Savings due to inflation
Americans are planning to buy fewer gifts for the upcoming holidays, as well as reduce spending on charity due to inflation and economic problems in the country. The Wall Street Journal reported this on Sunday, citing opinio...
The holiday will be expensive
The Thanksgiving holiday table this year will cost Americans $10.74, or 20%, more than in 2021. That's according to a study released Wednesday on the National Farmers Union website.
The av...
IPO market
Goldman Sachs Group (NYSE: GS) CEO David Solomon expects the initial public offering market to recover in the coming months.
"I think we're going through a period of reassessment of value expectations right now," he told CNBC host James ...
Consumer prices in U.S.
US consumer prices rose 7.7% year-on-year in October, up from 8.2% a month earlier.
Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Lab...
Stock market on Wednesday
Major US stock exchanges are down on Wednesday amid the first results of the midterm elections for the US Congress. This is evidenced by data from the New York Stock Exchange.
The Dow Jones Industrial Average is down 276.8...
Chip centre
The Japanese government plans to allocate about $2.38 billion to establish a joint R&D centre with the US to develop next-generation 2-nanometer semiconductors. This was reported by the Nikkei newspaper.
The agreement on its establi...
Inflation in September
US consumer prices rose 8.2% year-on-year in September from 8.3% a month earlier, according to data released Thursday by the US Department of Labor. This was evi...
GDP in the second quarter
US GDP fell 0.6 per cent year-on-year from April to June as a result of a sharp rise in consumer prices and a rise in the benchmark interest rate. The US Department of Commerce said in a statement releas...
The fight against hunger in the United States
US companies and non-profit organisations have pledged more than $8 billion to meet US President Joe Biden's administration's goal of ending hunger and the spread of diet-related diseases by 2030. This w...
US economy
United States GDP fell by 0.6% year-on-year in the second quarter of 2022, an upward revision of 0.3 percentage points compared with the July estimate. This follows data released by the US...
US economy
Key indices on the New York Stock Exchange are rising in the first minutes after opening trading on Thursday, despite a 0.9 per cent year-on-year decline in US GDP.
The Dow Jones Industrial Average...
Two countries working together
Australia and the US have announced a bilateral partnership to accelerate the development of zero-carbon technologies. The announcement was made in a joint stateme...
Price declines
The retail price of gasoline at filling stations in the US fell nine cents a gallon (3.785 litres) over the week due to a temporary drop in demand. This is evidenced by data from the American Automobile Association, which tracks rates...
Stock market on Tuesday
US stock indices are falling in trading on Tuesday due to concerns about inflation and recession in the US.
The Dow Jones Industrial Average was down 1.97 per cent to 30485.49 points by 10:57 a.m.
The Standard Poor's 500 ha...
Hearings before the Senate Finance Committee
The US government has done all it can to reduce record high fuel prices in the United States. This was the statement made by US Treasury Secretary Janet Yellen on Tuesday.
According t...
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