U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers.
Read More US business activity edges lower; pricing power ebbs further
Tag: Federal Reserve
Target raises 2024 profit forecast as price cuts draw shoppers
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
Read More Target raises 2024 profit forecast as price cuts draw shoppers
Report: 818K Less Jobs Were Created By Biden Admin., Calling For Concerns About The Economy
U.S. job expansion over the 12 months ending in March was overestimated by a staggering 818,000 on Wednesday, which is a worrisome sign that the economy has continued to slow down.
Read More Report: 818K Less Jobs Were Created By Biden Admin., Calling For Concerns About The Economy
Wall St little unchanged as investors await Fed cues
Markets have been choppy after the S&P 500 and the Nasdaq extended gains to an eighth straight session on Monday.
Read More Wall St little unchanged as investors await Fed cues
Wall St marches ahead as retail sales quell slowdown worries
Wall Street’s main indexes rose about 1% on Thursday as retail sales data for July indicated resilient consumer spending.
Read More Wall St marches ahead as retail sales quell slowdown worries
Stocks hold firm as US inflation data keep rate cut hopes alive
Global stocks held steady and government bond yields retreated a touch on Wednesday after data showed U.S. consumer prices rose moderately in July.
Read More Stocks hold firm as US inflation data keep rate cut hopes alive