For the second time in four months, a federal government shutdown has resulted in the cessation of critical economic data. The Bureau of Labor Statistics has postponed the release of the January jobs report and other significant labor market data Read More …
In November, inflation experienced an unexpected and significant deceleration, marking a potentially favorable development for Americans burdened by the ongoing elevated cost of living. However, analysts were quick to caution Thursday that the Consumer Price Index slowing to 2.7% from Read More …
The November jobs report is being released at an unusual juncture – on a Tuesday in mid-December, rather than the customary first Friday of the month – a consequence of the prolonged effects of the historically lengthy government shutdown. The Read More …
The US government has resumed operations after its most extended shutdown to date, paving the way for the forthcoming dissemination of essential federal data that is vital for assessing the condition and direction of the nation’s economy. Data enthusiasts, along Read More …
US equities experienced a significant decline, as investors opted to divest from technology companies, leading to increased volatility. The Dow experienced a decline of 798 points, representing a decrease of 1.65%. The broader S&P 500 experienced a decline of 1.66%, Read More …
The major index futures indicate a potential increase at the open on Wednesday, suggesting that stocks may trend upward after the mixed performance observed in the prior session. Technology stocks could potentially drive an initial upward movement, as indicated by Read More …
The Dow experienced a notable increase, supported by positive sentiment regarding the potential resolution of the US government shutdown within the week. The Dow increased by 559 points, representing a rise of 1.18%, concluding at an unprecedented level of 47,927.96. Read More …
The major index futures indicate a significant increase at the open on Monday, suggesting that stocks are poised to recover after experiencing notable weakness in the previous week. The recent upward momentum observed follows the Senate’s decision to advance legislation Read More …
This week, technology stocks experienced significant declines amid ongoing concerns regarding high valuations and the possibility of an artificial intelligence bubble. The Nasdaq Composite experienced a decline of 0.21% on Friday. The technology-focused index experienced a decline of 3.04% over Read More …
The unprecedented government shutdown has resulted in a deterioration of Americans’ perceptions regarding the economic outlook. The most recent consumer sentiment survey indicates a decline in the index, which has decreased to 50.3 this month from 53.6 in October. The Read More …