Dow futures hit snooze; wary of inflation and FOMC gathering Dow futures remain stagnant, S&P 500 futures inch up 0.2%, and Nasdaq 100 futures soar 0.5%. Wall Street indices close on a high note, signaling a positive week, with the S&P 500 enjoying its longest...
Oil Takes a Slide as Concerns Over Weak Chinese Data Spark Demand Worries Oil prices continued their downward spiral in Asian trade on Friday, as worries about sluggish economic growth cast a shadow over this year’s demand prospects. Adding insult to injury,...
Hold on tight, folks! Last week witnessed a staggering surge in the number of Americans filing new claims for unemployment benefits, sending shockwaves through the labor market. As risks of a recession loom large, initial claims for state unemployment benefits leaped...
Kevin McCarthy’s Speaker Seat Shaken as Hardliners Accuse Him of Political Betrayal U.S. House Speaker Kevin McCarthy finds himself caught in the crosshairs of revolt from hardline Republicans, who claim he has strayed from the agreement that secured his...
In a classic case of “here today, gone tomorrow,” U.S. stocks bid farewell to last week’s impressive gains as technology shares decide to take a breather from their 2023 highs. The Dow Jones Industrial Average tried its best to leap over the...
With the clock ticking and deadlines looming, the two chambers of Congress engaged in a frantic sprint, striving to beat the Monday finish line. Finally, on Wednesday, the House crossed that threshold, successfully passing the bill amidst Schumer’s sighs of both...
