Tag: Economy
Top Stocks to Watch: PLTR, SMMT, and JBLU
Palantir Technologies and Dell Technologies saw significant gains in midday trading, with Palantir jumping 14% and Dell rising nearly 4% after the announcement that both Stocks would join the S&P
DetailWhat to anticipate from the release of the Fed’s favored inflation measure on Friday
Federal Reserve officials are set to receive the latest update on their preferred Inflation measure on Friday, which could impact the upcoming rate decision in September. The Commerce Department is
DetailAugust 2024 Euro Zone Inflation: Here’s What You Need to Know
Euro zone Inflation fell to a three-year low of 2.2% in August, according to preliminary data from Eurostat, raising expectations for a rate cut by the European Central bank in
DetailSlowing Inflation: Uncertain Next Moves for the Fed
Federal Reserve officials are approaching their policy meeting with Inflation easing but uncertainty remains about the extent of interest rate adjustments. Recent data indicates a significant decrease in price pressures
DetailTop premarket stock movers: AAPL, ORCL, BOOT, AVO
Avocado producer Mission Produce saw a 21.6% surge in premarket trading after reporting a 24% jump in revenue for the fiscal third quarter. Rival Calavo Growers also experienced a 6.5%
DetailJuly inflation indicator increases by 0.2%, in line with Fed’s expectations
Inflation ticked up in July, as indicated by a measure favored by the Federal Reserve ahead of its anticipated interest rate cut – the first in over four years. The
DetailBoeing workers vote on new contract renegotiation amid strike threat
Boeing workers are currently voting on a new labor contract that could potentially lead to a strike, risking the struggling plane-maker’s recovery, according to the company’s CEO. The tentative agreement,
DetailCould Weak Manufacturing Indicators signal a U.S. Economic Slowdown?
U.S. factories continued to experience a slowdown in August, raising concerns about the direction of the economy, according to various manufacturing indicators. The Institute for Supply Management’s monthly survey of
DetailAtlanta Fed President Bostic Urges Officials to Act on Inflation Before Hitting 2% Target
Atlanta Federal Reserve President Raphael Bostic suggested on Wednesday that he is prepared to begin lowering Interest rates despite ongoing Inflation exceeding the Central bank‘s target. Previously considered a more
DetailJuly job openings decline exceeds expectations
Job openings reached a 3 1/2 year low in July, according to the latest data from the Labor Department, indicating slack in the labor market. The Job Openings and Labor
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