Tag: Economic Indicators

Stocks ended mostly higher Thursday after jobless claims fell to a fresh pandemic low and core capital goods orders in the U.S. rose more than forecast.The Dow Jones Industrial Average rose 141 points, or 0.41%, to close at 34,464 and the S&P 500 was up 0.12%. The Nasdaq ticked down 0.01%.Giving the Dow a lift was Boeing …

At a critical stage in charting the economic voyage back to normality, the inflation compass may be going haywire.

2/2 © Reuters. FILE PHOTO: A view of the city skyline in Singapore December 31, 2020. Picture taken December 31, 2020. REUTERS/Edgar Su 2/2 By Chen Lin and Aradhana Aravindan SINGAPORE (Reuters) – Singapore’s economy expanded more than first thought in the first quarter and the government maintained its growth forecast for the year, but…

© Reuters. FILE PHOTO: A packet of former U.S. President Abraham Lincoln five-dollar bill currency is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron/File Photo By Tom Westbrook SINGAPORE (Reuters) – The dollar coasted at the bottom of its recent range on Tuesday, as softer-than-expected U.S. data and…

With inflation fears buzzing in markets and political circles, Federal Reserve officials have laid out long, itemized lists for why they feel a recent jump in the price of many goods won’t spiral into a larger problem.There is some simple math involved. But mostly their arguments rely on the balancing dynamics of supply and demand,…

Big U.S. banks are prepared for credit-card balances to start ticking up again this year as pandemic restrictions ease and stimulus checks stop arriving, setting up the industry for a bump in one of its most profitable businesses.Lenders, including Capital One (COF.N), Citigroup (C.N) and JPMorgan (JPM.N), have been sending out more promotions to enroll…

Here are five things you must know for Monday, May 24:1. — Stock Futures Point Higher Stock futures pointed to gains for Wall Street Monday after equities closed mixed last week amid renewed bouts of volatility.Contracts linked to the Dow Jones Industrial Average rose 127 points, S&P 500 futures gained 18 points and Nasdaq futures were…

Emerging leader in innovative health and wellness beverages and products, BevCanna Enterprises Inc. ( CSE:BEV, Q:BVNNF, FSE:7BC) (” BevCanna” or the ” Company”) is pleased to announce that it has finalized an agreement with leading North American brand and sales management firm Benefit Holdings LLC, dba Benefit Brand Management. The contract will see Benefit distribute…

U.S. money market funds lured massive inflows in the week ended May 19 as investors turned risk averse on concerns over higher inflation levels and chances that the Federal Reserve might scale back its monetary support measures.Refinitiv Lipper showed U.S. money market funds received a net inflow of $25.34 billion, a four-fold increase over the…

U.S. money market funds lured massive inflows in the week ended May 19 as investors turned risk averse on concerns over higher inflation levels and chances that the Federal Reserve might scale back its monetary support measures.Refinitiv Lipper showed U.S. money market funds received a net inflow of $25.34 billion, a four-fold increase over the…