Stocks turned positive in midday trading Friday afternoon as investors digested a final slate of corporate earnings and fresh economic data to close out the week. The S&P 500 (^GSPC) rose 0.17%, while the Dow Jones Industrial Average (^DJI) rose 27 points, or 0.08%. The Technology-heavy Nasdaq Composite (^IXIC) rose […]
economic
BEIJING (AP) — China’s economic growth accelerated in the latest quarter as consumer flocked back to shops and restaurants following the abrupt end of anti-virus controls. The 4.5% growth in gross domestic product from January to March compared to the same period in 2022 was the fastest in the past […]
This is The Takeaway from present-day Morning Short, which you can get in your inbox each and every Monday to Friday by 6:30 a.m. ET together with: Subscribe below. What won’t kill you only would make you stronger. Or so investors hope. This 7 days brought a host of misses […]
“It’s going to be chaotic,” claimed Douglas Rediker, who represented the U.S. on the board of the International Financial Fund from 2010 to 2012. Underscoring the budding fears, the Planet Lender past thirty day period warned of a looming “lost decade” for the economic system that could sap momentum for […]
In a grim report issued past 7 days, the World Lender warned of a sluggish-growth crisis in the world wide financial state that could persist over the coming 10 years until governments worldwide adopt what it phone calls “sustainable, expansion-oriented procedures.” The World Lender report says that world-wide advancement in […]
WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate. But consumer spending, which drives most of the economy’s growth, was revised sharply down. The government […]