Shares of Nvidia and other Big Tech stocks have helped power the markets run to record highs this year.
Read More Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
Tag: U.S. economy
US consumer spending solid in July; inflation rises moderately
Consumer spending increased solidly in July, arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.
Read More US consumer spending solid in July; inflation rises moderately
S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge
The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.
Read More S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge
Wall St slides as rate worries push bond yields higher
Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.
Read More Wall St slides as rate worries push bond yields higher
Stephen Schwarzman Backs Donald Trump In 2024 Presidential Race
Stephen Schwarzman has stated he will be backing former President Donald Trump during the 2024 presidential race.
Read More Stephen Schwarzman Backs Donald Trump In 2024 Presidential Race
April Jobs Report Shows Native-Born American Workers Are ‘Left Behind.’
The jobs report in the month of April showed multiple concerning trends for the long-term health of the U.S. economy, according to experts.
Read More April Jobs Report Shows Native-Born American Workers Are ‘Left Behind.’