News
How Major US Stock Indexes Fared Feb. 6
2+ hour, 6+ min ago (241+ words) The U.S. stock market roared back, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now. The S&P 500 jumped 2 percent Friday for its best day since May. The…...
Dow Hits 50,000 for First Time Ever
4+ hour, 43+ min ago (76+ words) The stock market is rallying following three days of selling amid tech stock, metals, and crypto turmoil. Dow Hits 50,000 for First Time Ever Equity markets rallied Friday as the Dow Jones Industrial Average crossed the 50,000 threshold for the first time…...
Beijing Officials Tout Economic Gains as Locals Report Empty Streets, Job Losses
7+ hour, 48+ min ago (87+ words) Official statistics and personal accounts suggest the capital may be closer to stagnation than recovery. Beijing Officials Tout Economic Gains as Locals Report Empty Streets, Job Losses Beijing officials insist the capital's economy is steadily improving. However, residents describe a…...
US Consumer Sentiment at Highest Level Since August 2025: UMich
8+ hour, 35+ min ago (67+ words) One-year inflation expectations also cooled to the lowest level in more than a year. US Consumer Sentiment at Highest Level Since August 2025: UMich American consumers grew more upbeat for the third consecutive month as inflation expectations continued to ease. The…...
Bessent: Iranian Leadership Wiring Money Out ‘Like Crazy’
23+ hour, 37+ min ago (72+ words) The end of Iran's Islamic leadership may be near, the Treasury Secretary tells senators. Bessent: Iranian Leadership Wiring Money Out "Like Crazy' U.S. Treasury Secretary Scott Bessent told the Senate Banking Committee on Thursday that Iranian leaders were moving money out…...
How Major US Stock Indexes Fared Feb. 5
1+ day, 1+ hour ago (237+ words) Sharp drops hit Wall Street as technology stocks sank even more and bitcoin's price plunged again to roughly half its record set in the fall. Several discouraging reports on the U.S. job market also knocked down yields in the bond market…...
Meeting NATO’s 5 Percent Spending Target Could Add $63B to Deficit, PBO Says
1+ day, 2+ hour ago (43+ words) Meeting NATO's 5 Percent Spending Target Could Add $63B to Deficit, PBO Says Canada's Parliamentary Budget Officer says meeting NATO's defence spending target of 5 percent of GDP will add $63 billion to Canada's federal budget deficit by 2035....
Bank of England Holds Interest Rate at 3.75 Percent
1+ day, 9+ hour ago (98+ words) The BoE said the British economy is estimated to have grown by 1.4 percent in 2025, slightly below its previous forecast of 1.5 percent for the year. Bank of England Holds Interest Rate at 3.75 Percent The Bank of England (BoE) kept its benchmark…...
Job Cuts Jump in January as Hiring Plans Hit Record Low: Challenger Report
1+ day, 9+ hour ago (142+ words) U.S. employers announced more than 108,000 job cuts in January, while hiring plans fell to the lowest level on record. Job Cuts Jump in January as Hiring Plans Hit Record Low: Challenger Report U.S. employers announced a sharp increase in planned layoffs in…...
US Weekly Unemployment Claims Climb to 2-Month High
1+ day, 10+ hour ago (81+ words) This was the fourth consecutive week in which recurring claims remained below 1.9 million. US Weekly Unemployment Claims Climb to 2-Month High The number of Americans applying for first-time unemployment benefits climbed to a two'month high, pointing to a pickup in…...