Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
Read More Wall Street ends down as US retail sales data crimps rate cut bets
Tag: market
Apple hits seven-week low after Barclays downgrade
Apple fell nearly 3% to a seven-week low after Barclays downgraded the shares on concerns demand for its devices will remain weak in 2024.
Read More Apple hits seven-week low after Barclays downgrade
U.S. Economy Added 150K Jobs In October, Less Than Expected
In the latest job reporting for the month of October, the United States economy saw job creation decrease.
Read More U.S. Economy Added 150K Jobs In October, Less Than Expected
S.F. Apt Building Depreciates Almost 50% In Value, Leaving Some Calif. Residents Worried
In the course of five years, the value of an apartment building in San Francisco, California, has decreased by 48%.
Read More S.F. Apt Building Depreciates Almost 50% In Value, Leaving Some Calif. Residents Worried
U.S. Treasury Secretary Expresses Confidence In The Economy Despite Rising Inflation, UAW Strike
Treasury Secretary Janet Yellen said Monday she did not see any signs of the U.S. economy entering a recession, citing the strong labor market, cooling inflation, and robust consumer spending as reasons for her forecast.
Read More U.S. Treasury Secretary Expresses Confidence In The Economy Despite Rising Inflation, UAW Strike
China ramps up investments in Mexico to have greater influence over U.S. neighbor
Over the last decade, China has excessively raised its foreign investment in Mexico which has prompted experts to express concerns over the financial and political gains that Beijing is receiving.
Read More China ramps up investments in Mexico to have greater influence over U.S. neighbor