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'Fast Money' traders talk how credit concerns are weighing on the Financial sector
3+ hour, 46+ min ago (26+ words) 'Fast Money' traders talk how credit concerns are weighing on the Financial sector'CNBC 'Fast Money' traders talk how credit concerns are weighing on the Financial sector...
Are Jack Dorsey's aggressive job cuts the start of an AI jobs apocalypse? Economists weigh in
6+ hour, 42+ min ago (598+ words) Block CEO Jack Dorsey's move to cut nearly half the company's workforce is shining a spotlight on a growing question for corporate America: whether advances in artificial intelligence will ultimately mean fewer workers. In an earnings call Thursday, Dorsey said…...
Stocks will get early March test with high stakes jobs report next week
7+ hour, 38+ min ago (13+ words) Stocks will get early March test with high stakes jobs report next week'CNBC...
UBS downgrades the U.S. stock market. Here's what has the investment bank worried
11+ hour, 43+ min ago (411+ words) UBS' top equity strategist dialed back his view on U.S. stocks, citing mounting risks from a weakening dollar, stretched valuations and policy turbulence in Washington. Andrew Garthwaite, head of global equity strategy at the investment bank, downgraded American equities to "benchmark…...
Core wholesale prices rose 0.8% in January, much more than expected
12+ hour, 48+ min ago (262+ words) Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday. The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than…...
Treasury yields decline as investors await wholesale inflation reading
14+ hour, 17+ min ago (226+ words) U.S. Treasury yields were lower on Friday as investors awaited wholesale inflation data, but otherwise approached a quiet end to the week. At 6:50 a.m. ET, the benchmark10-year Treasuryyield fell more than 3 basis points to 3.987%, while the30-year Treasurybond yield dropped 2 basis points to…...
Stock futures slide after S&P 500 closes lower; wholesale inflation reading looms
15+ hour, 12+ min ago (24+ words) Stock futures slide after S&P 500 closes lower; wholesale inflation reading looms'CNBC Stock futures slide after S&P 500 closes lower; wholesale inflation reading looms...
India's economy grows at faster-than-expected pace of 7.8% in December quarter
15+ hour, 43+ min ago (448+ words) India's economy grew at a faster pace than expected of 7.8% in the quarter ending December. A Reuters poll of economists had pegged the October-December gross domestic product to grow at 7.2%. The latest print comes after the government overhauled the framework…...
Trump said beef, egg and chicken prices are falling. Here's what the data shows
1+ day, 13+ hour ago (1219+ words) President Donald Trump said in his State of the Union speech Tuesday night that his administration's policies were "rapidly ending" high prices for certain foods, including proteins in the U.S. diet, like beef, chicken and eggs. However, prices for chicken and…...
Treasury yields are flat as investors await more economic data
1+ day, 14+ hour ago (244+ words) U.S. Treasury yields were largely unchanged on Thursday as investors awaited some economic data and weighed the state of the U.S. economy. At 6:19 a.m. ET, the benchmark10-year Treasuryyield was flat at 4.04%, while the30-year Treasurybond yield was up less than a basis point to…...
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