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US stocks slid on Tuesday, pulling further back from record highs as uncertainty over interest rate cuts and the continued strength of tech stocks brought a note of wariness to the market. The S&P 500 (^GSPC) slipped about 0.4%, while the Dow Jones Industrial Average (
Nike (NKE) said late Thursday it’s sacking about 2% of its workforce, or 1,600 people. The House of Jordan — but no longer Tiger Woods, who
By Jaroslav Lukiv BBC News 42 minutes ago To play this content, please enable JavaScript, or try a different browser Video caption, “I will die here”: Evacuation “angels” help front-line town’s last residents flee The US has warned that Russia could seize Ukraine’s key eastern town of Avdiivka – the scene of some of the […]
US stocks fell on Tuesday, sliding away from recent highs as investors digested a hotter-than-expected January inflation report that showed prices cooling slower than forecasts anticipated. The S&P 500 (
Federal Reserve chair Jerome Powell has made clear over several public appearances in the last week that it’s unlikely the central bank cuts interest rates in March. But stock market bulls aren’t worried about the shift . . .
Reparations advocates had the wind in their sails last year. Cities across the US set up teams to hash out plans to compensate black people for the legacy of slavery, taking their cue from a successful pilot in Evanston, Illinois. The landscape in 2024 is very different.
Unions commanded big headlines last year, but that didn’t translate into higher membership rates, according to government data released Tuesday. The U.S. Bureau of Labor Statistics said 10% of hourly and salaried workers were members of unions in 2023, or around 14.4 million people. That is an all-time low, down from 10.1% of workers in […]
The team at Capital Economics was among the most bullish we found on the outlook for stocks in 2024. The firm sees the benchmark S&P 500 rising to 5,500 by the end of this year, and adding another 1,000 points — roughly 18% — through the end of 2025, hitting 6,500 in a little under […]
US stock futures fell on Wednesday to signal no letup in a rough January, as investors’ optimism for interest rate cuts got a reality check and worries grew about China’s economy. Dow Jones Industrial Average (^DJI) futures fell 0.4%, while S&P 500 (
Small caps have been all the craze on Wall Street over the past two months. In fact, according to Bank of America’s latest fund manager’s survey, investors haven’t been this bullish on small caps in almost three years.