Business – Page 52 – One America News Network

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo

Why are US stocks sluggish? Some blame a looming $5 trillion options expiration

Dealers squaring their books ahead of an options expiration may be helping to tamp down swings in U.S. stocks.

A woman carrying a Macy's bag walks in falling snow as a winter storm moves into the northeast of the United States, in Times Square in New York City, New York, U.S., January 26, 2021. REUTERS/Mike Segar/File photo

Macy’s investors mount $5.8 billion buyout bid

An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private.

Traders gather at the post that trades Alaska Airlines stock on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 4, 2023. REUTERS/Brendan McDermid/File Photo

S&P, Nasdaq muted as markets brace for inflation and Fed

The S&P 500 was muted and Nasdaq inched lower on Monday in the run-up to an action-packed week that includes the Federal Reserve’s policy meeting and inflation data.

Sean O'Brien, President of the International Brotherhood of Teamsters, speaks outside of a UPS Distribution Center in Brooklyn, New York, U.S., July 14, 2023. REUTERS/Brendan McDermid/File Photo

UPS fires about 35 newly organized US workers, Teamsters union says

The Teamsters union that represents U.S. workers at UPS said it would respond to the firing of about 35 newly organized workers by filing unfair labor practice charges and potentially striking.

FILE PHOTO: An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz

US labor market shows strength amid surge in payrolls gains

U.S. job growth accelerated in November while the unemployment rate fell to 3.7%.

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson

Market bets for 2024 thrown into chaos by US recession conundrum

Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.