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Stock market today: New record highs as Nvidia surge offsets weak consumer sentiment
Stocks hit new record highs as a rally in Nvidia pulled indexes up, offsetting weak consumer confid…
Filip De Mott
Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices
On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …
John Towfighi
Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank
A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…
ANI
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.
Huileng Tan
Stock market today: Indexes rally on China stimulus, promising labor-market data
Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further …
Kelly Cloonan
Why economists and strategists still say a recession is postponed, despite a startling inflation report
Contradictory messages about inflation and the labor market have investors on guard. Here's why con…
James Faris
Hurricane season is set to scramble Americans' view of the economy before the election
Jobless claims have already surged after Hurricane Helene hit, and Milton will likely add to that. …
Ayelet Sheffey,Madison Hoff
Stock market today: Indexes trade near record highs after a string of solid earnings reports
Shares of Netflix and Intuitive Surgical jumped more than 7% to new record highs on Friday followin…
Matthew Fox
The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says
The US recession many forecasters have been calling for isn't going to materialize anytime soon, ac…
Jennifer Sor
China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.
China is a top-down system and officials will pull out the stops to make it into Xi's good books. I…
Huileng Tan
The blockbuster jobs report just gave Kamala Harris a boost where she needs it most
The booming jobs market in September could give former President Donald Trump one less thing to att…
Ayelet Sheffey,Madison Hoff,J…
Small business sentiment dropped by most in 13 months in January as inflation, labor costs bite
"In January, optimism among small business owners dropped as inflation remains a key obstacle on Ma…
Yuheng Zhan
Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel
The trend comes as China faces a prolonged economic slump following its exit from pandemic lockdown…
Huileng Tan,Matthew Loh
Stock market today: Indexes close mixed as tech stumbles and traders brace for Fed meeting
Apple shares dropped Monday after an analyst warned of weaker iPhone 16 demand. The Fed begins its …
Max Adams
China's latest stimulus boosts emerging-market stocks to the highest level in 2 years
Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduce…