Market reaction to biggest jump
US producer price growth data for November confirmed the problem of rising inflation. Stock indices fell for the second consecutive day this week ahead of the Fed meeting. Economists are giving their forecasts for the...
Total protection
Ride-sharing companies Uber Technologies Inc. and Lyft Inc. are fighting an increase in violent crime and are introducing new security measures and policies to try to better protect drivers.
According to the Federal Bureau of Inves...
A hospitality industry without workers
We have been hearing about this for months. Business owners are struggling to find workers. A labour shortage puts catering businesses at a standstill during the busy holiday season.
D...
Rising inflation not a hindrance
US equity futures remained cautiously high despite a surge in inflation. Major futures indices were up 0.4% when trading on Wall Street started after Thursday's mixed session.
The Bureau of Labor Statistics reported...
Black Friday shopping
Customers to know that US retail, and mall workers do not control pricing, hiring or global supply chains.
"Many angry customers arrive in the morning," said Williams-Sonoma, manager of Crossgate Shopping Center in Albany. N.Y...
No one was expecting a fall
Walmart (WMT) shares fell sharply on Tuesday, despite a strong Q3 report and higher annual sales and profit forecasts. While investors worry about inflation and supply issues, Walmart says it...
Weekly Schedule
U.S. inflation data for October and quarterly earnings reports from Coinbase (COIN), PayPal (PYPL), Palantir (PLTR) and Disney (DIS), as well as the Rivian IPO will be the focus of stock market participants this week.
Stocks this we...
Developments for the week
This week, the Fed will reveal details of its plan to cut bond purchases, and the U.S. government will release employment data for October. The U.S. reporting season will continue with earnings and revenue reports from ...
Schedule for the week
This week the stock markets will be awaiting a slew of reports from major US companies. Investors should pay attention to reports from Apple, Microsoft, Amazon, Google and Facebook as they will aff...
Inflation rises
The US Department of Labour said on Wednesday that consumer prices rose 0.5% last month, slowing down from June's 0.9% increase. Economists' forecasts came true.
The release of US inflation data for July was the key event for financ...
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