Wall Street’s main indexes opened slightly lower on Monday as investors awaited results from megacap companies and key data that could shed light on the U.S. economy and shape the Federal Reserve’s monetary policy. The Dow Jones Industrial Average fell 3.92 points, or 0.01 percent, at the open to 33,805.04. The S&P 500 opened lower…
Wall Street Opens Lower as Focus Turns to Tech Earnings, Economic Data
Dollar Gains, on Track for 2nd Straight Monthly Loss
SINGAPORE—The dollar began the last trading week of the month on a firmer footing, with traders awaiting a slew of central bank policy meetings that could signal how soon the steep increases in interest rates globally might come to an end. U.S. Federal Reserve policymakers are widely expected to raise rates by another 25 basis…
Oil Prices Steady on Uncertain Global Outlook and Supply Concerns
April 24, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices were steady on Monday as concern over rising interest rates, the global economy and the outlook for fuel demand were balanced by the prospect of tightening supplies. Brent crude slipped 22 cents, or 0.3 percent, to $81.44 a barrel by 0905 GMT. U.S. West Texas Intermediate crude was down 10 cents, or 0.1…
Stock Markets Today: Global Stocks Lower Ahead of US Data
April 24, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
BEIJING—Global stocks and Wall Street futures declined Monday ahead of a U.S. economic update that is expected to show growth slowing. London and Frankfurt opened lower. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices fell. Wall Street’s benchmark S&P 500 index gained 0.1 percent on Friday but ended with a small loss for…
US, South Korea Made Progress in Securing Critical Technologies: White House
April 23, 2023
admin
Asia & PacificBusiness & MarketsChinaChina Business & EconomyChinese Regimeeconomic policiesExecutive BranchMicron Technology IncNational SecurityPoliticsSouth KoreaTechTech NewstechnologyUSUS NewsWorld
0 Comment
The United States and South Korea have made “historical progress” in deepening cooperation to secure critical technologies and address economic coercion, the White House said on Sunday. This came as South Korean President Yoon Suk-yeol prepared for his first state visit to the United States on Monday for talks with President Joe Biden, which Washington…
Fed Asks Americans for Feedback on a Central Bank Digital Currency—Here Are Some Responses
April 23, 2023
admin
Business & MarketsCentral Bank Digital Currency (CBDC)economic policieseconomyFederal Reserve (Fed)MarketsPolicies & ImpactsUS
0 Comment
Americans are worried that a U.S. Central Bank Digital Currency (CBDC) could end up compromising essential freedoms, further centralizing monetary policy, and making the country’s currency vulnerable to hacking, according to a recently published Fed survey. In January last year, the Fed published a white paper on what a CBDC could look like. It asked…
White House Rules Out Negotiating With GOP Over Debt Ceiling Spending Cut Proposal
April 22, 2023
admin
Biden administraitonbudget proposalBusiness & MarketscongressDemocratseconomic policieseconomyExecutive BranchKevin McCarthyPolicies & ImpactsPoliticsRepublicansU.S. Debt LimitUS
0 Comment
White House chief of staff Jeff Zients said the Biden administration would not negotiate with GOP over its debt ceiling spending cut proposal. The administration is insisting that talks over raising the U.S. debt limit be kept separate from talks about federal spending. Zients told NPR White House correspondent Asma Khalid, in an April 20 interview, that…
Biden Signs Order ‘Revitalizing’ US Commitment to ‘Environmental Justice’
April 21, 2023
admin
bidenBusiness & Marketseconomic policiesenergyEnvironmentalExecutive BranchJusticePolicies & ImpactsPoliticsUS
0 Comment
President Joe Biden signed an executive order on April 21 to “revitalize” America’s commitment to “environmental justice for all.” “Environmental justice will be the mission of the entire government woven directly into how we work with state, local, tribal, and territorial governments,” Biden said in remarks at the White House. The order tells executive branch…
US Firms Positioned to Withstand Tougher Lending Conditions, Says Goldman Sachs
April 21, 2023
admin
bank crisisBusiness & MarketsCompanieseconomic policieseconomyGoldman SachsinflationInvestmentlending sectorMarketsstocksUS
0 Comment
Goldman Sachs Group still believes that American companies are positioned to withstand tougher lending conditions caused by the latest bank crisis. The investment bank said that U.S.-based firms are less reliant on banks for capital, compared with their peers overseas, reported Bloomberg. A tightening of loan conditions could have a smaller impact for the banking…
Tesla Hikes US Prices Days After 6th Price Cut This Year
Tesla Inc. raised the U.S. prices for its Model S and X premium electric vehicles, according to its website on Thursday, although they are still 20 percent lower than the start of the year after a slew of price cuts to drum up demand. Tesla has been slashing prices globally since January, including as many…
-
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