After 7 straight weeks of losses, stocks rebound
This week is looking hopefully better for the stock market, with Monday ending up with broad gains after seven weeks of losses. Traders and investors are coming in and taking…
Business
Global stocks rise after Wall St slips closer to bear market
Global stock markets rose Friday after Wall Street fell closer to bear territory, which always has investors looking to profit worried, but those looking to buy, it makes a great…
Read More
Russia’s war in Ukraine fuels surging prices in Europe
The war has accelerated inflation across Europe and the world, with prices for energy, materials and food surging at rates not seen for decades, at least not since the days…
Read More
S&P 500 is close to a bear market, what is that?
Investors are talking nervously about a “bear market.” A bear market is a term used by Wall Street when an index like the S&P 500, the Dow Jones Industrial Average,…
Read More
Shuttered baby formula plant expected to open next week
In the midst of a baby formula shortage, the Biden administration has been taking steps to re-open the Abbott baby formula manufacturing plant, which had been closed due to contamination…
Read More
More Americans apply for jobless benefits last week
Americans applying for jobless benefits rose by 21,000 to 218,000 for the week ending May 14, the Labor Department reported Thursday, first-time applications generally track the number of layoffs. American…
Read More
Inflation driven retreat on Wall St world shares sink
The impact of persistent high inflation on corporate profits and consumer spending has taken its toll on the American economy and made many aspects of life in the U.S. more…
Read More
Inflation hurts corporate earnings, tanking stock market
It was a dismal day for the stock market due to fears from investors that surging inflation is cutting deeply into corporate profits. The S&P 500 had its biggest drop…
Read More
Scrutiny as Black Lives Matter reports $42 million in assets
Black Lives Matter has come under intense criticism due to its founders’ lavish lifestyles, which comes with no accountability. People are starting to scrutinize the organization, and now a Form…
Read More
Wall Street heads higher Tuesday as retailers report results
Wall Street investors are watching closely, for comments by Federal Reserve officials that might provide insight into the U.S. economic outlook, how the fight against inflation will go and future…
Read More
Walmart profit dragged as inflation takes a huge bite
Walmart reported stronger sales for the first quarter, but the current state of the economy has taken its toll over the last two years on the company’s bottom line, and…
Read More
