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US stocks drift as Wall Street's momentum slows and Tesla drops
U.S. stocks are drifting on Tuesday as Wall Street’s momentum slows after setting record highs in each of the last two days. The S&P 500 was 0.3% lower in early trading and on track for its first
Powell says the Fed would have cut rates this year if it weren’t for Trump
The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said Tuesday.
Global shares mostly lower a day after US markets continued improbable rally
Global shares are mostly lower Tuesday a day after U.S. stocks continued a stunning recovery from a springtime sell-off of roughly 20%. Britain’s FTSE 100 gained 0.72% to 8,798.91, while Germany’s
Job openings unexpectedly increased in May
The US labor market continues to show signs of life, with the number of available jobs rising unexpectedly in May to a six-month high, according to Bureau of Labor Statistics data released Tuesday.
Hiltzik: Who profits most from Medicaid? Employers like Walmart and Amazon, many of whose workers rely on the program
Big employers such as Walmart, Amazon and McDonald's stick taxpayers with the bill for healthcare and food for their employees. The GOP budget will make life harder for those workers.
America's small business owners are being swamped by scammers
Generative AI's potential to bolster business is staggering. According to one 2023 estimate from McKinsey, in the coming years it's expected to add more value to the global economy annually than the
These Are The Stocks You Should Watch in July
Stocks soared to record highs in June, boosted by optimism about possible trade deals, easing geopolitical tensions, and hope that the Federal Reserve could resume cutting interest rates in the
Asian shares are mostly higher, tracking US rally into record heights
Asian shares are mostly higher after U.S. stocks added to their records with the close of a second straight winning month. U.S. futures and oil prices were lower. Japan’s Nikkei 225 fell 1.2% to 40
Dow rallies 150 points on gains in Nike, Apple stocks
Behind strong returns for shares of Nike and Apple, the Dow Jones Industrial Average is up Tuesday morning. The Dow was most recently trading 158 points (0.4%) higher, as shares of Nike and Apple are
US job openings in May hit 7.8 million in a continuing display of labor market resilience
U.S. employers posted 7.8 million vacancies in May, The Labor Department reported Tuesday, up from 7.4 million in April. Economists had expected a slight decrease to 7.3 million. The number of
Dan Ives says S&P could hit 7,000 as Wall Street underestimates key factor
I think we're going to continue to see new highs. And we've talked about you could be looking at S&P potentially 7,000 and NASDAQ. I think there could be another 15% higher because look it's our view,
The S&P 500 is approaching a Wile E. Coyote moment, says Wall Street’s biggest bear
BCA Research, led by strategist Peter Berezin, is not celebrating the S&P 500’s recent wins. In fact, they are warning of losses to come.
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