News
Asian shares are mixed after Nvidia's losses pull Wall St lower, as AI-linked layoffs rattle markets
2+ hour, 57+ min ago (668+ words) U.S. futures fell as investors focused on comments by Block CEO Jack Dorsey on his company's decision to lay off 40% of its workforce because of labor-saving artificial intelligence. Tokyo's Nikkei 225 edged 0.1% higher to 58,810.03. In Hong Kong, the Hang Seng jumped 0.8% to…...
US trade deficit declined in 2025, but gap for goods hits a record despite Trump tariffs
1+ week, 13+ hour ago (376+ words) Overall, the gap the between the goods and services the U.S. sells other countries and what it buys from them narrowed to just over $901 billion, from $904 billion in 2024, but it was still the third-highest on record, the Commerce Department reported Thursday....
Global shares advance, while most Asian markets are closed for the Lunar New Year
1+ week, 2+ day ago (322+ words) France's CAC 40 inched up 0.1% to 8,318.51, while Germany's DAX gained 0.2% to 24,845.47. Britain's FTSE 100 picked up 0.4% to 10,481.00. The future for the S&P 500 was down 0.3% while that for the Dow Jones Industrial Average edged 0.1% lower. Weak economic data for Japan appeared to…...
World shares mixed after sharp Wall Street losses on AI-related worries
1+ week, 6+ day ago (557+ words) U.S. futures edged lower. The future for the S&P 500 fell less than 0.1%, while that for the Dow Jones Industrial Average was 0.1% lower. In Europe, Germany's DAX was up less than 0.1% to 24,860.94 in early trading. Britain's FTSE gained 0.2% to 10,424.39, while the…...
Wall Street points higher as earnings roll out ahead of new jobs data
2+ week, 19+ hour ago (244+ words) World shares mostly gain after Wall Street wobbled over strong jobs report'Midland Daily News Wall Street pointed toward gains before the opening bell Thursday as markets take in more corporate earnings reports ahead of the latest labor market data Futures…...
Taiwan's AI-powered economy soars in the shadow of bubble fears and China threats
2+ week, 1+ day ago (609+ words) Taiwan's AI-powered economy soars in the shadow of bubble fears and China threats'Midland Daily News The area is where Nvidia plans to build its new Taiwan headquarters as it rapidly expands on the island, set to surpass Apple to become…...
Argentina's monthly inflation ticks up as Milei faces backlash over an outdated index
2+ week, 2+ day ago (874+ words) Consumer prices rose 2.9% last month compared with December, said the statistics agency known by its Spanish acronym INDEC, largely owing to increases in the prices of food, restaurants, hotels and utility bills. Economists say that the formula that INDEC used…...
Retail sales unchanged in December from November, closing out year on a lackluster tone
2+ week, 3+ day ago (667+ words) The report, issued by the Commerce Department on Tuesday, surprised economists who were looking for growth despite mounting concerns about slowing job growth, uncertainty about President Donald Trump's tariffs and other economic headwinds. And it raised questions about shoppers' ability…...
WakeUp! Midland panel shares tips for hiring and supporting youth
2+ week, 4+ day ago (354+ words) From left to right:Sarah Welsbarth, Kelsey Snyder and Kathryn Tate share how to support Midland's Youth duringWakeUp! Midland on Feb. 6. WakeUp! Midland's Talk Show segment on Feb. 6 featured information about how to support youth in Midland. LEAD Executive Director…...
DOW CREDIT UNION: What falling interest rates mean for your wallet
3+ week, 6+ day ago (333+ words) Falling interest rates can lower borrowing costs but shrink savings returns, making smart financial planning more important than ever. The Federal Reserve has cut interest rates three times since last summer, bringing the federal funds range down to 3.50% - 3.75%. While that…...