The Dow ended the day down 422 points following an unexpectedly poor inflation report.
Michelle Thompson
On Wednesday, US stocks experienced significant declines following the release of higher-than-expected inflation data for March. The Dow…
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Economy
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HSBC has announced plans to sell its business operations in Argentina in a deal worth $550 million.
HSBC has confirmed its agreement to sell its operations in Argentina to Grupo Financiero Galicia, the largest private…
Jamie Dimon suggests that artificial intelligence (AI) could have a comparable impact on the economy to that of electricity.
Jamie Dimon predicts that artificial intelligence (AI) will wield significant influence over global business in the current year.…
A Moody’s economist warns that the primary threat to the US economy is the surge in oil prices.
The US job market is thriving, consumer spending remains robust, and the economy is experiencing rapid growth. However,…
The expansion of Biden’s manufacturing industry may exacerbate inflationary pressures.
American manufacturers have faced challenges over the past couple of years due to persistent supply chain disruptions and…
Why some people feel good about their bank accounts but bad about the economy?
Nathan Frederiksen is fairly successful. He’s nearing 40 and is on course to retire by 60. Although he…
Yellen revisits China to address economic hurdles affecting relations with the US.
Janet Yellen has embarked on her second trip to China as US Treasury Secretary, aiming to address economic…
What factors contribute to the longing for the economic policies of the Trump administration in the key swing states?
Voters and economists appear to hold divergent perspectives on the state of the US economy, creating a significant…
Tesla’s sales experience a much steeper decline than anticipated.
Tesla has reported its first annual decline in sales since the onset of the pandemic, as heightened competition…
The latest factory data from China indicates a promising beginning to the year.
China’s manufacturing sector experienced its most rapid expansion in 13 months in March, as indicated by a private…
