News
Asian markets mostly advance after the S&P 500 hits record high
2+ hour, 52+ min ago (489+ words) The U.S. government's first estimate of growth for the third quarter showed inflation remained high, while a separate report said consumer confidence faded further in December. The U.S. economy expanded at a 3.8% annual pace in April-June. Trading in Asia was thin, with…...
World markets are mixed after the S&P 500 hits a record high, buoyed by strong US economic data
2+ hour, 52+ min ago (478+ words) The U.S. government's first estimate of growth for the third quarter showed inflation remained high, while a separate report said consumer confidence faded further in December. The U.S. economy expanded at a 3.8% annual pace in April-June. Trading in Asia was thin, with…...
Consumer confidence slides in December to lowest level since US tariffs rolled out in April
16+ hour, 42+ min ago (148+ words) U.S. consumers were less confident in the economy in December as Americans remain anxious about still-high prices and the impact of President Donald Trump's sweeping tariffs The Conference Board said Tuesday that its consumer confidence index fell 3.8 points to 89.1 in December…...
Consumer confidence slumps to lowest level since the US rolled out tariffs in April
16+ hour, 42+ min ago (319+ words) The Conference Board said Tuesday that its consumer confidence index fell 3.8 points to 89.1 in December, the fifth straight monthly decline and approaching the 85.7 reading from April, when Trump rolled out his import taxes on U.S. trading partners. November's reading was upwardly…...
US economy expands at a surprisingly strong 4.3% annual rate in the third quarter
18+ hour, 12+ min ago (309+ words) U.S. gross domestic product from July through September " the economy's total output of goods and services " rose from its 3.8% growth rate in the April-June quarter, the Commerce Department said Tuesday in a report delayed by the government shutdown. Analysts surveyed by…...
Resilient US consumers drive strongest economic expansion in 2 years
18+ hour, 12+ min ago (677+ words) U.S. gross domestic product from July through September " the economy's total output of goods and services " rose from its 3.8% growth rate in the April-June quarter, the Commerce Department said Tuesday in a report delayed by the government shutdown. Economists surveyed by…...
A look at the experts racing to decode Trump’s tariff rules
19+ hour, 22+ min ago (917+ words) Tariffs were imposed in ways she'd never seen. New rules left her wondering what they really meant. Federal workers, always a reliable backstop, grew more elusive. "2025 has changed the trade system," says Magnus. "It wasn't perfect before, but it was…...
US stocks rose again in 2025 after overcoming turbulence from tariffs and Trump's fight with the Fed
20+ hour, 42+ min ago (1110+ words) It was scary because the U.S. stock market plunged to several historic drops on worries about everything from President Donald Trump's tariffs to interest rates to a possible bubble in artificial-intelligence technology. In the end, though, it was a great year…...
Asian shares climb after US stocks rise at the start of a holiday-shortened week
1+ day, 1+ hour ago (704+ words) Asian shares were mostly higher on Tuesday after benchmarks on Wall Street rose at the start of what's expected to be a relatively calm holiday week. Oil prices and U.S. futures slipped. Tokyo's Nikkei 225 slipped 0.1% to 50,359.78 and the dollar fell against…...
US stocks approach records after mixed reports on economic growth, consumer confidence
1+ day, 1+ hour ago (648+ words) The S&P 500 rose 0.3% and is just below the all-time high it set earlier this month. The Dow Jones Industrial Average rose 68 points, or 0.1%, as of 12:02 p.m. Eastern. The Nasdaq composite rose 0.4%. A majority of stocks with the S&P 500 were…...