16:26
Traffic jam:   4
$
91.3336
98.7225

Economy

Euro Stable as Eurozone Avoids Recession, Dollar Softens Before Fed Decision
30 January 2024
3579
Eurozone Escapes Recession The euro stabilized on Tuesday following the release of data indicating that the eurozone narrowly avoided a technical recession in the fourth quarter. Conversely, the U.S. doll...
US Sanctions UAE Shipping Firm for Alleged Russian Oil Price Cap Violation
18 January 2024
3388
U.S. Strikes On a recent Thursday, the United States took action against a shipping company based in the United Arab Emirates, Hennesea Holdings Limited, for allegedly transporting Russian crude oil at prices ...
Manchin Urges Reversal of Treasury Exemption for Chinese Minerals in EVs
19 December 2023
2884
EV Tax Credits in Peril Senator Joe Manchin, Chair of the Senate Energy and Natural Resources Committee, is calling on Congress to reconsider recent guidance from the Treasury Department on electric vehicle (EV) tax credits....
Powell Emphasizes Inflation Concerns Amid Unchanged Fed Rate
1 November 2023
3578
Fed's Bold Strategy Shift For the first time in nearly two years, the Federal Reserve is set to keep its key short-term interest rate unchanged for a second consecutive policy meeting. This reflects a significant shift ...
Gina Raimondo Resuscitates China Business Talks with Limited Deal Progress
31 August 2023
3176
Reviving US-China Business Ties US Commerce Secretary Gina Raimondo's success in reopening business talks with Beijing eases tensions. Yet, American firms hesitate to recommit to the volatile Chinese market. Raimondo aims to restore commun...
Brainard Optimistic About Strong US Recovery, Minimizes Recession Concerns
12 July 2023
3242
Inflation Plummets President Joe Biden's top economic adviser, Lael Brainard, delivered a speech to the Economic Club of New York, highlighting the positive impact of Biden's policies on the US econo...
Jim Cramer Predicts Market Contraction as Federal Reserve Halts Rate Hike
15 June 2023
3581
Fed's Pause Sparks Panic Selling Jim Cramer, a renowned CNBC expert, provided valuable investor insights on Wednesday concerning the recent Federal Reserve meeting. The Fed's announcement of a temporary rate hike pause, along with indications of pot...
Warning Signs for the Economy: Insights from Macy's and Costco
1 June 2023
3068
Retailers Beware The shifting landscape of consumer behavior has sparked concerns for the US economy, with major retailers such as Macy's, Costco, and Dollar General reporting notable changes in shopper preferences. These shifts in buying patterns a...
Yellen's Warning Sends Shockwaves: Bank Stocks Plunge Amid Predictions of Inevitable Mergers
19 May 2023
3328
The looming danger Regional and commercial bank stocks witnessed a significant decline in response to Treasury Secretary Janet Yellen's assertion of inevitable bank mergers, as reported by CNN. This article delves into the details of the market reac...
Market Tensions Rise as Inflation Data Looms
10 May 2023
3315
Stock futures soften ahead of CPI report Stock futures in the US are trading lower on Wednesday as investors prepare for the release of the Consumer Price Index (CPI) report for April. The report is expected to shed light on whet...
The Perception Problem: How Grocery Retailers are Fighting to Keep Customers
26 April 2023
3230
The grocery perception problem Perception is a powerful force, and in the world of grocery retail, it can drive customers away from even the biggest national and regional chains. You've probably heard it from friends and family: complaints about how...
The March Banking Crisis Fallout: What to Expect from U.S. Banks' Earnings Season
10 April 2023
3113
Earnings season outlook As the U.S. banking industry braces for its upcoming earnings season, investors are gearing up for a challenging outlook. According to experts, a tough quarter is expected due to the fallout of the regional banking crisis an...
Market Watch: Dow Jones, S&P 500 and NASDAQ Composite Close with Impressive Gains on Friday
1 April 2023
3181
Stocks close higher The US stock market closed out Friday's trading with gains in multiple sectors, including consumer goods, consumer services, and technology. The Dow Jones, S&P 500, and NASDAQ Composite all ended the day with gains, up 1.26%...
The latest report from the Commerce Department reveals surprising data on inflation, personal income and consumer spending
31 March 2023
3194
Insights from the latest US economic report The latest report from the Commerce Department provides insight into the state of the US economy, with data on inflation, personal income, and consumer spending. Here's ...
US Stock Market Posts Gains in Utilities, Health Care and Consumer Goods Sectors on Friday
25 March 2023
3068
Stock market on Friday The US stock market ended Friday's trading with gains in the utilities, health care and consumer goods sectors. At the close on the New York Stock Exchange, the Dow Jones was up 0.41 per cent, the S&P 500 was up 0.56 per ...
Investors wary despite bank bailout: Dow Jones, S&P 500 and NASDAQ all down
18 March 2023
3012
US stock market falls Stocks ended the week with a decline as investors dealt with persistent banking issues in anticipation of the upcoming Federal Reserve meeting. The Dow Jones, S&P 500, and NASDAQ Composite all finished the day down. This f...
Warren Condemns Signature Bank's "Reckless" Cryptocurrency Investments in Wake of Regulator Seizure
16 March 2023
3068
Letter for the bank Senator Elizabeth Warren has written a letter to the CEO of Signature Bank, Joseph DePaolo, demanding answers for what she claims to be the bank's "excessive risk-taking" and promotion of a "get-rich-quick narrative" during its e...
USD Coin's 36-Hour Struggle to Maintain Peg Leaves Circle's Reputation in Tatters
14 March 2023
9392
Weekend raises risk of regulatory scrutiny Circle’s USD Coin, the world's second-largest stablecoin, took around 36 hours to fix its peg to the dollar after a liquidity crisis. While the token has been r...
Fed's Daly: Further rate increases are likely need to reduce inflation
5 March 2023
3091
US inflation Mary Daly of the Federal Reserve Bank of San Francisco forecast that decision-makers will probably need to raise interest rates even higher and hold them there for a longer period of time. Although though inflation ...
US stock indices fall in trading: The Dow Jones down 0.6%
15 February 2023
3704
Stock market on Wednesday US stock indices are down today as traders assess statistical data and corporate reports. At 09:53 ET, the Dow Jones index was down 217 points or 0.6%, while the S&P 500 was down 0.6% and the Nasdaq Composite was down ...
Companies rating
JP Morgan Chase
16 Mention
Instagram
13 Mention
Tesla
12 Mention
Walt Disney Company
11 Mention
Nasdaq
9 Mention
Amazon
9 Mention
Ford Motor Company
9 Mention
Netflix
9 Mention

NEW YORK NEWS

News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Population
8106476368
Died this year
10037338
Born this year
24693628