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US stocks rise and recover roughly half of Friday's wipeout
U.S. stocks are recovering some of their sharp losses from last week, when worries about how President Donald Trump’s tariffs may be punishing the economy sent a shudder through Wall Street. The S&P
'A part-time job': Americans spend nearly 4 hours a day thinking about money
Chief worries for younger generations are housing costs, job security, and debt. Meanwhile, older generations are thinking about retirement savings.
Wall Street poised to open with gains after last week's jobs numbers triggered investor sell-off
Wall Street was on track to open with gains on Monday following Friday's sell-off that was triggered by fears of a slowing economy after the government released some grim data on U.S. job growth.
Labor department’s data upset may have sealed the deal for a Fed interest rate cut
Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but last week’s revisions to labor market data have led many to bet in favor of
Steelcase to be acquired in $2.2B deal
Grand Rapids’ biggest office furniture manufacturer is being acquired by another company in the same market. HNI Corporation and Steelcase Inc. on Monday, Aug. 4, announced that they have entered
C-suite access is the new divide in the hedge fund world
Big hedge funds are monopolizing CEO access — a once-routine process that's become another sign of the haves and the have-nots.
Palantir’s Ultra-Expensive Valuation Sparks Worry Into Results
The setup ahead of Palantir Technologies Inc. earnings is a familiar one: The stock is near a record high and boasts the highest price-to-earnings ratio on the S&P 500 Index.
It’s not an AI-bubble; it’s a longer-term bull market, says this Wall St firm
But after the steepling rally of recent months, investors have been trying to judge whether this is truly a structural bull market (one based on more fundamental, longer-term drivers rather than
A Wild Year for Markets Hits Trend-Following Hedge Funds
Fast-moving quantitative funds are meant to flourish in tough markets but, with President Trump’s tariff moves convulsing markets, they are under pressure.
Asian markets are mixed after Wall St tumbles following poor US jobs report
Shares in Asia are mixed after Wall Street had its worst day since May following the release of weak U.S. jobs data. Markets in Asia had already reacted on Friday to U.S. President Donald Trump’s
Switzerland Is Ready to Make More Attractive Trade Offer to US
The Swiss government said it is determined to give the US better terms on trade after last week’s shock announcement of 39% tariffs on exports to America.
The dollar is being punished for the jobs data that revealed how weak the U.S. economy really was
But Friday’s jobs number from the BLS—and the downward revisions to previous numbers that accompanied it—“knocked the stuffing out of the dollar’s rally,” ING says. The U.S. dollar fell off a cliff
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