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Wall Street gains, but caution prevails at the start of the third quarter

July 1, 2022 by xeronmer

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 30, 2022. …

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US factory activity slows to two-year low in June

July 1, 2022 by xeronmer

Autonomous robots assemble a Model X SUV at BMW’s manufacturing facility in Jarir, South Carolina, US, November 4, 2019. REUTERS/Charles …

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Factory activity in China expanded in June at fastest pace in 13 months

July 1, 2022 by xeronmer

An employee measures a newly manufactured ball mill machine at a factory in Nantong, Jiangsu Province, China, June 28, 2019. …

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US inflation data offers no quick relief for the Fed, but hints at a peak

July 1, 2022 by xeronmer

WASHINGTON (Reuters) – Fresh U.S. data for May showed immediate slight relief from the record pace of inflation that pushed …

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Wall Street slipped, Dow braced for worst first half since 1962

June 30, 2022 by xeronmer

A trader works at the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. REUTERS/Brendan McDermid …

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China factory and service sectors get rid of 3 months of closing pain

June 30, 2022 by xeronmer

A worker polishes a steel rim of a bicycle at a sports equipment manufacturing plant in Hangzhou, Zhejiang Province, China, …

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Inflation undermines consumer confidence in the United States. Home prices are still high

June 29, 2022 by xeronmer

Consumer confidence index fell 4.5 points to 98.7 in June The goods trade deficit fell 2.2 percent to $104.3 billion …

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Fed officials promise to raise interest rates, fend off recession fears

June 29, 2022 by xeronmer

(Reuters) – Federal Reserve policymakers on Tuesday promised more rapid interest rate increases to cut high inflation but dismissed growing …

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Analysis: Record numbers of Chinese graduates enter the worst job market in decades

June 23, 2022 by xeronmer

10.8 million Chinese graduates to enter the labor market in a weak economy The youth unemployment rate is 18.4%, which …

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Fed raises interest rates 75 basis points in July, 50 basis points in September – Reuters poll

June 23, 2022 by xeronmer

The Federal Reserve Building is seen before the Federal Reserve signals plans to raise interest rates in March as it …

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