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Stocks Slide, Amazon Cut, China Stocks Reverse, PCE Prices

Stocks Slide, Amazon Cut, China Stocks Reverse, PCE Prices

© Reuters. By Geoffrey Smith  Investing.com — Stock futures slide as Amazon (NASDAQ:AMZN)’s slowing sales growth undermines the narrative for growth stocks. Chinese stock markets reverse after fresh regulatory action and trouble with overleveraged property developers. U.S. personal consumer expenditure price data will be scanned for signs of inflation. And the Eurozone grew faster than…

Take Five: Jobs, crackdowns and a fork

Take Five: Jobs, crackdowns and a fork

© Reuters. FILE PHOTO: People line up outside a newly reopened career center for in-person appointments in Louisville, U.S., April 15, 2021. REUTERS/Amira Karaoud/File Photo (Reuters) – 1/ OUT OF SURPRISES? Is this year’s sharp U.S. growth rebound losing momentum? A raft of economic data due in the world’s biggest economy will provide clues. U.S.…

China’s private education firms brace for hit from new rules, shares tumble

China’s private education firms brace for hit from new rules, shares tumble

© Reuters. FILE PHOTO: People pick up children from a school in Beijing, China, April 6, 2021. REUTERS/Thomas Peter HONG KONG (Reuters) -China’s private education firms are bracing for a “material” hit to their operations after Beijing announced new rules barring for-profit tutoring in core school subjects to ease financial pressures on families. News of…