Stock Market Today: Dow, S&P Live Updates for August 8 – Bloomberg
Stock Market Today: Dow, S&P Live Updates for August 8 Bloomberg Source link
Policy
US Economy Is Strong, So Americans Should Stop Worrying About It
Is it possible for economic news to be a little too good? If many economic worries seem to be dwindling, is that reason to be scared? After periods of success, are economies due for a comeuppance — perhaps even for reasons stemming from their earlier achievements? What prompts these questions is the current US economy. … Read more
World Economy Latest: US Inflation May Reassure Fed
A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal Reserve wants to see sustained. The consumer price index is projected to rise 0.2% in July for a second month after excluding food and energy costs, marking the smallest back-to-back gains in 2 1/2 years. Economists … Read more
Does Travel Insurance Cover Extreme Heat?
With global temperatures reaching new records month after month this summer—and unprecedented wildfires destroying parts of Greece, Canada, and Italy—heat is becoming an increasing consideration in the way people travel. Shifting destinations is one strategy; buying travel insurance is another. Neither is black and white. Weather is unpredictable everywhere, and travel insurance policies can vary … Read more
Supportive: The Bloomberg Close, Asia Edition – Bloomberg
Supportive: The Bloomberg Close, Asia Edition Bloomberg Source link
Stock Market Today: Dow, S&P Live Updates for August 1
The stock rally that catapulted the S&P 500 to a 16-month high lost momentum after a flurry of companies reported disappointing earnings. JetBlue Airways Corp. sank after slashing its full-year profit forecast and saying it would earn less than analysts expected this quarter. Pfizer Inc. slipped after the drugmaker reduced its sales outlook. Cruise operators … Read more
Stocks Crush ‘Year of Bond’ in Biggest Market Sentiment Shift Since ‘99
All the chatter back in December was that 2023 was to be the “year of the bond.” And for a brief moment or two in the winter, that call — and the economic doom-and-gloom that underpinned it — looked right. It is now being overrun, though, by an avalanche of demand for equities that has … Read more
World Economy Latest: Fed, ECB Press on With Interest-Rate Hikes
The Federal Reserve, European Central Bank and Bank of Japan headlined a pivotal week for central banks, with US and European policymakers opting for additional interest-rate hikes. The Fed and ECB both lifted borrowing costs by a quarter of a percentage point while keeping options open for their next meetings in September. In Japan, the … Read more
Five Things You Need to Know to Start Your Day
Talk of Japan’s yield curve control rattles markets. Trump faces fresh charges in secret documents probe. What Tesla owners really think of Elon Musk. Here’s what you need to know today. The yen climbed against all major peers after a report that the Bank of Japan plans to discuss tweaking its yield curve control policy … Read more
Stock Market Today: Dow, S&P Live Updates for July 27 – Bloomberg
Stock Market Today: Dow, S&P Live Updates for July 27 Bloomberg Source link