Three quarters of economists in U.S. business group predict U.S. recession by end of 2021
The economists surveyed by the NABE were skeptical about prospects for success of the latest round of U.S.-China trade negotiations. Continue reading
U.S. Stock Market
Federal Reserve keeps U.S. interest rates steady, says will be ‘patient’ on further hikes
U.S. stock markets extended their gains following the Fed’s statement, and bond yields dropped. Continue reading
U.S. stocks show volatility but continue rally from record day before
The late-afternoon gains erased a 611-point loss earlier in the day, continuing a rally from the day before. Continue reading
With major indexes in free fall, Wall Street rally seems near end
This December is on track to be the worst for stocks since 1931. Continue reading
U.S. markets decline sharply as Apple headlines tech stocks rout
Major U.S. stock indexes dropped about 2 percent or more. Indexes were weighed down by a 5.0 percent slump in index heavyweight Apple, after an iPhone parts supplier cut its outlook. Continue reading
U.S. stocks plummet to worst day in six weeks after Trump tariffs
U.S. stocks slumped on Thursday as President Donald Trump’s move to impose tariffs on up to $60 billion of Chinese imports drove fears about the impact on the global economy Continue reading
Dow falls 1,175 points, largest single-day drop in history as markets slump
U.S. stocks plunged in highly volatile trading on Monday. Continue reading
Donald Trump’s boast about U.S. economy not exactly accurate
While Trump is looking for a reset, he pushed back against criticism of his administration. Continue reading