BEIJING—Global stock markets and Wall Street futures fell Friday ahead of a U.S. job market update amid unease about possible further interest rate hikes. Markets in London, Shanghai, Frankfurt, and Tokyo declined. Oil prices were lower. Wall Street’s benchmark S&P 500 index fell Thursday by its biggest one-day margin this year after Federal Reserve Chair…
Global Stocks, Wall Street Futures Sink Ahead of US Jobs Update
March 10, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
Major Homebuilder Leaves California for Texas as ‘Blue’ State Business Exodus Continues
March 9, 2023
admin
Business & MarketsCaliforniaCompaniesDemocratseconomic policieseconomyFloridaHomebuilderIllinoisNew YorkPolicies & ImpactsPoliticsreal estateRegional & State NewsSocial IssuesState NewsTexasUSUS Real Estate
0 Comment
A major U.S. homebuilding company has announced plans to move its headquarters out of California, in another blow to the state. Landsea Homes, a Newport Beach, California, construction firm, which designs and builds master-planned communities and houses across the country, announced on Mar. 8 that it would move its corporate headquarters to Dallas, Texas. The firm has developed homes and communities in…
Homebuilder Leaves California for Texas as ‘Blue’ State Business Exodus Continues
March 9, 2023
admin
Business & MarketsCaliforniaCompaniesDemocratseconomic policieseconomyFloridaHomebuilderIllinoisNew YorkPolicies & ImpactsPoliticsreal estateRegional & State NewsSocial IssuesSouthern CaliforniaState NewsTexasUSUS Real Estate
0 Comment
A U.S. homebuilding company has announced plans to move its headquarters out of California, in another blow to the state. Landsea Homes, a Newport Beach, California, construction firm, which designs and builds master-planned communities and houses across the country, announced on Mar. 8 that it would move its corporate headquarters to Dallas, Texas. The firm has developed homes and communities in Boston,…
Biden’s Budget Proposes Trillions in Tax Hikes, Partly Repeals Trump’s Tax Cuts
March 9, 2023
admin
budgetBusiness & Marketseconomic policieseconomyMcCarthyPolicies & ImpactsPoliticspresident joe bidenUSUS News
0 Comment
President Joe Biden unveiled the third budget of his presidency, vowing to increase spending, raise taxes, and reduce the federal deficit. Over the next decade, the $6.8 trillion budget (pdf) proposes approximately $5.5 trillion in tax increases on high-income earners and corporations. The White House includes a 25 percent minimum tax on the wealthiest Americans…
Biden’s Budget Plan Would Raise Taxes, Cut Deficit by $3 Trillion, Invest in America
President Joe Biden is set to release his $6.9 trillion budget for fiscal year 2024 that calls for significant tax increases for wealthy and corporations, cost-cutting measures for families, and more investment in American manufacturing and technology. Biden will unveil his budget proposal on Thursday afternoon at a union hall in northeast Philadelphia, in what…
Biden’s Budget Plan Would Raise Taxes, Cut Deficit by $3 Trillion, Invest in Manufacturing
President Joe Biden is set to release his $6.9 trillion budget for fiscal year 2024 that calls for significant tax increases for wealthy and corporations, cost-cutting measures for families, and more investment in American manufacturing and technology. Biden will unveil his budget proposal on Thursday afternoon at a union hall in northeast Philadelphia, in what…
Wall Street Opens Higher Ahead of Payrolls Data
Wall Street’s main indexes opened higher on Thursday as a greater-than-expected rise in weekly jobless claims eased some rate-hike jitters ahead of a key payrolls report that could determine the Fed’s monetary policy path. The Dow Jones Industrial Average rose 78.43 points, or 0.24 percent, at the open to 32,876.83. The S&P 500 opened higher…
Dollar Holds Near 3-month Highs on Rates Outlook
SINGAPORE/LONDON—The dollar held near a three-month high on Thursday, underpinned by Federal Reserve Chair Jerome Powell’s message that interest rates would have to go higher and possibly faster. The yuan weakened after the government reported unexpectedly low inflation. In the second day of his testimony to Congress on Wednesday, Powell reaffirmed his message, though he…
Oil Slips for 3rd Day as Recession Fears Mount
March 9, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil fell for a third day on Thursday as fears over the economic impact of rising interest rates offset a surprise drop in U.S. crude inventories and hopes for Chinese demand. U.S. Federal Reserve Chair Jerome Powell’s comments this week on the likelihood that interest rates will need to be raised more than previously expected…
Global Stocks Lower After Wall Street Steadies Amid Rate Fears
March 9, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
BEIJING—Major global stock markets were mostly lower Thursday amid worries about more U.S. interest rate hikes. London, Shanghai, and Frankfurt declined. Tokyo advanced. Oil prices were lower. Wall Street futures were lower following Federal Reserve chair Jerome Powell’s warning that rate hikes might speed up because upward pressure on prices is stronger than expected. Investors…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta