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NEW YORK (AP) — U.S. stocks fell Wednesday and deepened losses for indexes this week as Wall Street reviews a mixed set of earnings reports against a backdrop of concerns about high interest rates. The S&P 500 was 0.5% lower in afternoon trading, coming off a three-day lowing streak. The Dow Jones Industrial Average fell […]

When Los Angeles voters approved an extra tax last year on home sales over $5 million, officials projected annual revenue of $700 million to help alleviate the city’s rampant homelessness crisis. But a year in, LA’s “mansion tax” has fallen far short of expectations — generating barely a quarter of the promised revenue — and […]

BANGKOK (AP) — Asian shares were mixed Thursday after U.S. stocks fell on worries that what had seemed like a blip in the battle to bring down inflation may be a troubling trend. Oil prices edged higher and U.S. futures were flat. South Korean shares were little changed after the ruling conservative party suffered a

(Bloomberg) — Global stocks were mixed as attention turned to US jobs data after Jerome Powell reaffirmed that the Federal Reserve will likely lower rates this year. Most Read from Bloomberg The Stoxx 600 index fluctuated, while US futures climbed and Asian gauges advanced. A measure for the dollar steadied after it saw its biggest […]

2 Hours Ago India’s GDP set to fall below 7% in fiscal third quarter of 2023, poll shows A person is selling second-hand LCD TV sets inside a second-hand electronics market in Kolkata, India, on February 26, 2024. (Photo by Sudipta Das/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images India’s economic growth was […]

US stocks were mixed on Tuesday after a pullback from all-time highs, with retail earnings on tap to occupy investors counting down to a crucial inflation report. The Dow Jones Industrial Average (^DJI) fell about 0.3% while the S&P 500 (

Walmart (WMT) investors are gearing up for a stock split later today. For the 12th time in 50 years, Walmart will conduct a

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

(Bloomberg) — Oil retreated for the fourth time in five sessions as rising inventories at the key US storage hub in Cushing, Oklahoma, partly offset a drop in national stockpiles to paint a mixed picture for demand. Most Read from Bloomberg West Texas Intermediate slipped 3.2% to settle below $72 a barrel after rising to […]

Stock market news today: US stocks open mixed after CPI meets estimates  Yahoo Finance Source link


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