Employers added a surprisingly solid 119,000 jobs in September, issuing a key economic report that had been delayed seven weeks by the federal government shutdown.
Read More Wall Street shoots toward its best day since May on Nvidia’s profit report and hopes for lower ratesTag: UBS
Amazon adds perishable foods to same-day delivery to take on Instacart, Walmart
Subscribers to Amazon.com’s (AMZN.O) Prime service can now get strawberries, milk, meats and frozen dinners on the same day they order them.
Read More Amazon adds perishable foods to same-day delivery to take on Instacart, WalmartNBA and European football teams in talks to back new basketball league
The NBA is in discussions with some of Europe’s top football clubs for what could potentially be a significant international expansion effort by a U.S. sports league.
Read More NBA and European football teams in talks to back new basketball leagueNasdaq falls over 3% to six-month low on growth concerns
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 concernsU.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates
U.S. inflation rose 2.9% in July last month, versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month.
Read More U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting RatesWall Street Disaster: Dow, Nasdaq Nosedive As Recession Fears Cause Global Sell-Off
Wall Street’s main indexes plummeted on Monday, as fears are continuing to grow that the United States is going into a recession following last week’s economic numbers ripping through global markets.
Read More Wall Street Disaster: Dow, Nasdaq Nosedive As Recession Fears Cause Global Sell-Off
