Market against new COVID
US stocks are set for a bout of volatility, with equity futures pointing to a lower opening ahead of testimony from Federal Reserve Chairman Jerome Powell and growing concerns over the omicron option.
Dow Jones Industrial f...
New strain and the economy
US stock indices fell before the opening of trading on Tuesday after Fed Chairman Jerome Powell said risks to the economy, the labour market and inflation could become more difficult with...
Shop small
The White House is urging Americans to shop Saturday for small businesses after nearly two years of a coronavirus pandemic.
Since the first cases of COVID-19 began appearing in the U.S. in 2020, small businesses have worked&nbs...
The future of the stock market
President Joe Biden has reappointed current Chairman Jerome Powell to head the Fed for the next 4 years. Experts say that this will generally have a positive effect on the market, alt...
Schedule for the week
Investors in the US stock market this week will be treated to important economic data on US retail sales for October. Nvidia (NVDA), Alibaba (BABA), Li Auto (LI), Lucid (LCID), Walmart (WMT), Home Depot (HD) and others will rel...
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
Shares of Tesla, Intel, Netflix, IBM and Johnson & Johnson could change this week, influenced by the release of Q3 earnings and revenue reports.
It will be a busy week in the US stock market a...
Stimulus cut
Fed minutes on September showed that if the US economic recovery continues at current levels, the central bank will start cutting bond purchases by 15 billion a month from...
Policy tightening
The IMF slightly lowered its forecasts for global GDP growth and US GDP pointed out that the current rise in inflation is causing "high uncertainty". The IMF called on central banks ...
US jobs below expectations
The US economy added a record low number of new jobs outside agriculture in September since the start of 2021, with the unemployment rate falling t...
The value of the dollar fell
The US dollar fell below yearly highs against major peers on Tuesday as traders waited for key US jobs data later in the week for clues on the timing of the Federal Reserve's stimulus cuts and the start of interest rate ...
Chances of Jerome Powell staying on for a second term
Last week, Fed Chair Powell came under heavy criticism from Senator Elizabeth Warren. Market forecasts showed Powell's chances of reappointment declining. Here's wha...
Hitting stocks
According to Goldman Sachs, a stock market crash would likely require a sharp rise in rates The S&P 500 index has fallen 5 per cent from its all-time high as inflation and potential Fed policy changes have awakened investors to th...
Bond yields continue to rise
Bond yields rose sharply last week and market experts see preconditions for a further rise. This will not necessarily be reflected in a fall in the stock market, but analysts point to opposite reactions of equities, depe...
US stock indices continued to rise on Thursday
As investors embraced the Federal Reserve's plans to cut asset purchases and raise interest rates. The Dow Jones Industrial Average index rose 230 points, or 0.67%, while the&nb...
Fed buying cuts in 2021
In an online conference replacing the traditional one in Jackson Hole, Fed Chairman Jerome Powell announced the start of asset purchase rate cuts this year.
Major stock market indices, the Dow Jones, S&am...
Встреча не состоится
The Fed has cancelled the US economic policy conference in Jackson Hole and will instead be held online on 27 August. Here's why investors should pay attention.
On Friday, the Federal Reserve ...
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...
Progress in the economy
Two Fed officials noted progress in the US economy on Monday, predicting when the central bank will begin cutting bond purchases and raising the benchmark interest rate.
On Monday, US stock indices were affected by...
Strengthening the US economy
At the end of the meeting, the Fed reassured financial markets by stating its commitment to maintaining current policy and zero rates until substantial progress on inflation and employment. The Fed do...
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