News of New York

The number of jobless claims in the US rose
6 October 2022
3581
Unemployment benefits The number of Americans filing initial claims for unemployment benefits during the week stood at 219,000. Such data was released by the US Department of Labor on Thursday. The numbe...
Morgan Stanley says emerging market stocks could soon hit bottom
5 October 2022
3669
Morgan Stanley suggests Emerging market stock indices could soon reach the low point in the current bearish cycle, analysts at Morgan Stanley (NYSE:MS) believe. As a consequence, economists of the bank, including strategist Jonathan Garner, changed...
GDP fell by 0.6% year-on-year in the second quarter
29 September 2022
3504
GDP in the second quarter US GDP fell 0.6 per cent year-on-year from April to June as a result of a sharp rise in consumer prices and a rise in the benchmark interest rate. The US Department of Commerce said in a statement releas...
JPMorgan will not stop oil and gas financing
24 September 2022
7143
Funding from JPMorgan Chase and Co JPMorgan Chase and Co (NYSE: JPM) CEO James Dimon has told US lawmakers emphatically that his bank has no intention of cutting off oil and gas financing. This was revealed by The Wall Street Journal. US House ...
Electricity bills in the US will be 42% higher than two years ago
23 September 2022
3508
Paying for electricity The average electricity bill of US residents could increase by 42% this coming winter compared to the 2019-2020 season, NBC reported on Thursday, citing estimates from experts at the National Asso...
US GDP shrank 0.6% year-on-year in the Q2
25 August 2022
4071
US economy United States GDP fell by 0.6% year-on-year in the second quarter of 2022, an upward revision of 0.3 percentage points compared with the July estimate. This follows data released by the US...
US stocks close slightly lower
2 August 2022
5547
US stock market on Monday US stock indices ended Monday with a weak decline after three days of gains. The Dow Jones Industrial Average index fell 46.73 points (0.14%) to 32798.4 points. Leading the declines were Chevron Corp (NYSE:C...
Key US indexes rise after opening on GDP slowdown
28 July 2022
5103
US economy Key indices on the New York Stock Exchange are rising in the first minutes after opening trading on Thursday, despite a 0.9 per cent year-on-year decline in US GDP. The Dow Jones Industrial Average...
Australia and the US have formed a partnership to deploy zero-emission technologies
12 July 2022
4348
Two countries working together Australia and the US have announced a bilateral partnership to accelerate the development of zero-carbon technologies. The announcement was made in a joint stateme...
Petrol prices at US gas stations down $0.09 a gallon
6 July 2022
4345
Price declines The retail price of gasoline at filling stations in the US fell nine cents a gallon (3.785 litres) over the week due to a temporary drop in demand. This is evidenced by data from the American Automobile Association, which tracks rates...
US stocks slide sharply in early trading
5 July 2022
4150
Stock market on Tuesday US stock indices are falling in trading on Tuesday due to concerns about inflation and recession in the US. The Dow Jones Industrial Average was down 1.97 per cent to 30485.49 points by 10:57 a.m. The Standard Poor's 500 ha...
US stock markets close mixed on Tuesday: The S&P 500 index closed down for the fifth consecutive time
15 June 2022
4485
Tuesday trading US stock indices closed mostly negative, a day before the Fed's expected 75 basis point rate hike. The Dow-30 and S&P500 fell for the fifth straight day, the longest streak since January. At the close on the New York Stock Excha...
US stock market closes lower on Monday: S&P 500 index moves into bear territory
14 June 2022
4087
Trading day on Monday Bond yields jumped to new heights amid lingering fears of a Fed rate hike. Risk appetite globally was undermined by a combination of renewed inflation worries and the Fed's perceived reaction. At the close of trading on the Ne...
Reports from companies and economic data for this week
13 June 2022
3895
Schedule for the week US indices fell sharply on Friday, posting their biggest weekly percentage decline since January, as a rise in US consumer prices in May heightened investor fears of an aggressive in...
US stock market closes down on Friday: The Dow Jones index fell 2.73%
11 June 2022
3777
Last trading day of the week US indices fell sharply on Friday, posting their biggest weekly percentage decline since January, as a rise in US consumer prices in May heightened investor fears of an aggressive interest rate hike by the Federal Reserv...
US indices close at highs: The Dow Jones up 0.80%
8 June 2022
3250
Tuesday trading day US stocks rose on Tuesday afternoon and closed higher for a second consecutive day. Key indicators rose within 1%. At the close on the New York Stock Exchange, the Dow Jones was up 0.80 per cent, the S&P 500 was up 0.95 per ...
US government says it has done all it can to reduce fuel prices
7 June 2022
3288
Hearings before the Senate Finance Committee The US government has done all it can to reduce record high fuel prices in the United States. This was the statement made by US Treasury Secretary Janet Yellen on Tuesday. According t...
More than 80% of Americans are negative about the state of the US economy
6 June 2022
3103
Statistics from NORC at the University of Chicago An overwhelming majority of American people (at least 83%) believe that the US economy is in poor or deplorable condition, 35% are totally dissatisfied with their financial situation. This is the re...
US stock market closes lower: The Dow Jones down 1.05%
4 June 2022
3322
Last day of trading Three major Wall Street stock indexes closed lower on Friday after a jobs report dashed hopes of a pause in monetary policy tightening by the Federal Reserve, which is needed to curb inflation, the highest in decades. At the clo...
Elon Musk said that Tesla will have to cut 10% of employees
3 June 2022
3332
News from Tesla Electric car maker Tesla will have to cut around 10 per cent of its workforce. The head of the company, Elon Musk, made the announcement in an e-mail to staff, excerpts of which were published by Reuters on Friday. The email sent ou...
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Netflix
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Us Weekly
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