Stocks before Fed decision
US stock indices moved higher in early trading on Wednesday as market participants await the results of the Federal Reserve's December meeting.
The Dow Jones Industrial Average index was up 199.86 points (0.59%) at 34,308...
US recession
The US may be able to avoid a recession despite an interest rate hike by the Federal Reserve. Agustin Carstens, general manager of Bank for International Settlements (BIS), expressed this view.
"The latest US labour market and business...
Greenwashing campaign
Major oil companies have engaged in a "long-term greenwashing campaign" while making "record profits at the expense of American consumers", as the Democrat-led House Oversight Committee found after a year-lo...
Stock market trades
The US stock market ended Friday's trading multidirectional. The market is performing on the back of negative momentum from the oil and gas, technology and utilities sectors.
At the close on the New York Stock Exchange the Dow J...
Savings due to inflation
Americans are planning to buy fewer gifts for the upcoming holidays, as well as reduce spending on charity due to inflation and economic problems in the country. The Wall Street Journal reported this on Sunday, citing opinio...
Companies and the stock market
US stock indices are rising in early trading on Friday, recovering from a decline the day before.
The Dow Jones Industrial Average added +0.56% to 33,734.88 points by 11:20 a.m. ET.
The Standard and Poor's 500 added ...
The holiday will be expensive
The Thanksgiving holiday table this year will cost Americans $10.74, or 20%, more than in 2021. That's according to a study released Wednesday on the National Farmers Union website.
The av...
IPO market
Goldman Sachs Group (NYSE: GS) CEO David Solomon expects the initial public offering market to recover in the coming months.
"I think we're going through a period of reassessment of value expectations right now," he told CNBC host James ...
Consumer prices in U.S.
US consumer prices rose 7.7% year-on-year in October, up from 8.2% a month earlier.
Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Lab...
Stock market on Wednesday
Major US stock exchanges are down on Wednesday amid the first results of the midterm elections for the US Congress. This is evidenced by data from the New York Stock Exchange.
The Dow Jones Industrial Average is down 276.8...
Chip centre
The Japanese government plans to allocate about $2.38 billion to establish a joint R&D centre with the US to develop next-generation 2-nanometer semiconductors. This was reported by the Nikkei newspaper.
The agreement on its establi...
Start of trading
US stock indices are down in early trading on Monday. However, stock indices may end October with a record rise in decades.
The Dow Jones Industrial Average was up 14.4 per cent from the start of the month to the close of trading o...
Company stocks on Friday
The US stock market ended Friday's trading with gains in the commodities, consumer services and oil and gas sectors.
At the close of trading on the New York Stock Exchange, the Dow Jones rose 2.47 per cent to a one-month hi...
Trading on Monday
The US stock market rallied strongly in early trading on Monday following the release of quarterly reports from Wall Street's biggest banks.
The Dow Jones Industrial Average had added 5...
Last day of trading this week
The US stock market ended Friday's trading lower on the back of negative dynamics from the oil and gas, commodities and technology sectors.
At closing time on the New York Stock Exchange, the Dow Jones fell 1.34%, the ...
Inflation in September
US consumer prices rose 8.2% year-on-year in September from 8.3% a month earlier, according to data released Thursday by the US Department of Labor. This was evi...
The president is confident in the beat
U.S. President Joe Biden believes he can defeat Donald Trump in the presidential election again if they campaign, as he already succeeded in 2020.
"I believe I can beat Donald Trump again," he said in response...
Trading Starts
The U.S. stock indices at the beginning of trading on Monday are moving without uniform dynamics, Dow Jones is in a weak plus.
Thus, the Standard Poor's 500 Index was down 0.3 percent at 3,627.63 points by 10:58 a.m. ET.
The Nasdaq ...
Donald Trump's speech
Former U.S. President Donald Trump, a Republican, believes that inflation in the country will continue to rise significantly.
"Current U.S. President Joe Biden and the Democrats in&...
Friday trading
The U.S. stock market ended Friday's trading with a decline amid negative dynamics from the sectors of technology, consumer services and consumer goods.
By the closing time on the New York Stock Exc...
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
