The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Read More Nasdaq falls over 3% to six-month low on growth concerns
Category: Business
Nasdaq plans 24-hour trading to tap into growing international demand
Nasdaq Inc. plans to introduce 24-hour trading on its flagship U.S. exchange to capitalize on growing global demand for U.S. equities.
Read More Nasdaq plans 24-hour trading to tap into growing international demand
US private payrolls post smallest gain in seven months
The ADP National Employment Report on Wednesday also showed a moderation in wage growth for workers changing jobs.
Read More US private payrolls post smallest gain in seven months
US consumer spending declines; annual inflation subsides
Consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market expectations that the Federal Reserve would resume cutting interest rates in June.
Read More US consumer spending declines; annual inflation subsides
Warner Bros Discovery expects streaming profits to double, sets 150 million users goal
By Harshita Mary Varghese and Aditya Soni February 27, 2025 – 7:46 AM PST (Reuters) – Warner Bros Discovery said it expects…
Read More Warner Bros Discovery expects streaming profits to double, sets 150 million users goal
US new home sales fall sharply in January
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers.
Read More US new home sales fall sharply in January