Tag Archives: Economy

[unable to retrieve full-text content]Investors are more worried about inflation than a weakening economy  Yahoo Finance Source link

[unable to retrieve full-text content]GDP: US economy grows at 1.6% annual pace in first quarter, falling short of estimates while inflation increases  Yahoo Finance Source link

[unable to retrieve full-text content]GDP: US economy grows at 1.6% annual pace in first quarter, falling short of estimates  Yahoo Finance Source link

[unable to retrieve full-text content]Jamie Dimon is worried the US economy is headed back to the 1970s  Yahoo Finance Source link

[unable to retrieve full-text content]US economy adds 303,000 jobs, unemployment falls to 3.8% in March as labor market continues to impress  Yahoo Finance Source link

(Bloomberg) — The stock market extended this week’s gains as big tech rallied and a solid jobs report bolstered the outlook for corporate profits. Most Read from Bloomberg Equities hit all-time highs, with the S&P 500 approaching 5,000 and the Nasdaq 100 up 1.7% on bullish outlooks from Meta Platforms Inc. and Amazon.com Inc. Economic optimism outweighed bets the Federal Reserve will be in no rush to cut rates. Treasury two-year yields jumped 16 basis points to 4.36%. The dollar climbed to… Source link

Stocks have surged to record highs at the start of 2024. Inflation has moderated, the Federal Reserve looks set to cut interest rates, and the vaunted “soft landing” for the US economy is coming into view. The US economy and corporate America continue to prove resilient in the face of the Federal Reserve’s aggressive rate hikes. This optimism reflected in recent market action and the economic consensus serves as the central theme of the latest Yahoo Finance Chartbook, which brings together more… Source link

The People’s Bank of China has cut reserve requirements for banks as Chinese officials seek to boost its economy and markets. Alibaba (BABA) Co-Founders Jack Ma and Joe Tsai reportedly acquire up to $200 million in shares. Yahoo Finance Live co-hosts Akiko Fujita and Rachelle Akuffo break down these headlines coming out China, while also taking a look at Boeing (BA) CEO David Calhoun’s meeting with US lawmakers this week to address safety and manufacturing concerns. For more expert insight and… Source link

The US economy ended 2023 on a high note. The labor market added 216,000 jobs in the month of December, up from 173,000 the previous month, surprising Wall Street once again to close out 2023. Economists surveyed by Bloomberg had expected 175,000. Data from the Bureau of Labor Statistics released on Friday showed the unemployment rate was 3.7% for the month, flat from the rate seen in November. Economists had expected the unemployment rate to tick higher to 3.8%. Investors were closely… Source link

[unable to retrieve full-text content]Charting the global economy: Euro-area recession looks likely  Yahoo Finance Source link