latest Economy news, data and analysis - EconoTimes
3 days ago · EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on ...
S&P 500 and Dow Close at Record Highs Amid Strong
5 days ago · The S&P 500 and the Dow Jones Industrial Average achieved record closing highs on Friday, driven primarily by surging financial stocks. Major banks and asset managers reported strong quarterly ...
U.S. Stock Futures Steady Amid Tech Rally and Upcoming
2 days ago · Tuesday, October 15, 2024 2:32 AM UTC. U.S. Stock Futures Hold Steady After Wall Street Record Highs. U.S. stock index futures remained stable in evening trading on Monday, buoyed by strong gains ...
S&P 500 and Dow Jones Reach Record Highs After Fed Minutes – …
Oct 10, 2024 · Market Reaction. The Dow Jones Industrial Average rose by 431.63 points (1.03%), closing at 34,512.00. The S&P 500 climbed 40.91 points (0.71%) to 4,492.04, while the Nasdaq Composite gained 108. ...
China Announces Financial Stimulus, But Investors Await
4 days ago · Sunday, October 13, 2024 3:38 AM UTC. China’s much-anticipated financial stimulus announcement on Saturday aimed to revive its slowing economy, but investors were left wanting more concrete ...
U.S. Inflation, Fed Meeting, Earnings Season, and Oil ... - EconoTimes
Oct 7, 2024 · U.S. September Inflation Data in Focus Thursdays Consumer Price Index (CPI) release is expected to show that inflation moderated at the end of Q3, following a stronger-than-expected jobs report ...
Fed's Powell Signals More Rate Cuts, Emphasizes Data
Tuesday, October 1, 2024 3:19 AM UTC. Federal Reserve Chairman Jerome Powell signaled Monday that the Federal Reserve may continue adjusting interest rates toward a more neutral level but ...
Can China’s stimulus blitz fix its flagging economy?
Tuesday, October 8, 2024 4:46 PM UTC. Pan Gongsheng, the governor of China’s central bank, announced a raft of measures on September 24 aimed at boosting the country’s flagging economy. The ...
Fed to Maintain Gradual Rate Cuts Amid Economic Strength, …
Oct 2, 2024 · Federal Reserve Chair Jerome Powell confirmed that the central bank will continue with gradual quarter-percentage-point rate cuts, following the recent economic improvements.
China’s $25 Billion Chipmaking Investment in H1 2024
Sep 3, 2024 · China's relentless drive to bolster its chipmaking capabilities saw a record $25 billion spent on equipment in the first half of 2024, eclipsing the combined expenditures of the U.S., South Korea ...