Japan’s exports down in August as automakers grapple with higher US tariffs
Japan’s exports down in August as automakers grapple with higher US tariffs
Japan’s exports down in August as automakers grapple with higher US tariffs Read More »
August
S&P 500, Nasdaq Tick Lower After Hitting Fresh Record Highs; Fed Meeting Begins; August Retail Sales Rise More Than Expected
Delta Air Lines Stock Falls as US Orders Carrier to Dissolve Joint Venture With Aeromexico 32 minutes ago Shares of Delta Air Lines (DAL) were down more than 2% in late-morning trading after the Trump administration ordered the carrier to end its joint venture with Aeromexico. The Department of Transportation finalized an order, beginning Jan.
The Job Market is Dicey And Prices Are High, But Consumers Kept Spending in August
Key Takeaways U.S. retail sales grew by 0.6% in August, coming in better than economists expected given the labor market’s weakness and persistent inflation. The report also revised July data higher to show continued strength from the U.S. consumer. Sales of motor vehicles and electronics increased despite their exposure to U.S. tariffs. Ignoring recent labor
The Job Market is Dicey And Prices Are High, But Consumers Kept Spending in August Read More »
China’s August factory output, retail sales miss expectations
China’s August factory output, retail sales miss expectations
China’s August factory output, retail sales miss expectations Read More »
Hot August CPI Report Doesn’t Shift the Rate-Cut Needle
The latest Consumer Price Index (CPI) report showed that President Donald Trump’s tariff policies continue to have a moderate impact on cost pressures, but the Federal Reserve is still expected to lower the federal funds rate when it meets next week. According to the Bureau of Labor Statistics, headline CPI was up 0.4% month over
Hot August CPI Report Doesn’t Shift the Rate-Cut Needle Read More »
Markets Prepare for August Inflation Data: Stock Market Today
For markets, the question is no longer whether the Federal Open Market Committee will cut interest rates when it meets next week. Investors, traders and speculators now wonder how big the move will be at the next Fed meeting. They’ll look to this week’s incoming economic data, including fresh producer and consumer price numbers, for
Markets Prepare for August Inflation Data: Stock Market Today Read More »
Workers Were Promised More Factory Jobs—They’ve Lost 12,000 in August Instead
Key Takeaways The U.S. economy has lost manufacturing jobs for four straight months, with 12,000 disappearing since last month. President Donald Trump’s tariffs were supposed to bring back manufacturing jobs by encouraging companies to build factories in the U.S. Manufacturers have slowed down hiring because tariffs have pushed up prices for materials, while demand for
Workers Were Promised More Factory Jobs—They’ve Lost 12,000 in August Instead Read More »
August Inflation Data, Apple iPhone Event, Updates From Nvidia, Oracle, GameStop
Key Takeaways Inflation data for August comes ahead of a key interest rate decision later this month. Apple is expected to unveil its iPhone 17 at an event this week. Nvidia, Meta, and Microsoft are among the companies presenting at a major technology investment conference. Financial reports from Oracle and GameStop highlight the corporate earnings
August Inflation Data, Apple iPhone Event, Updates From Nvidia, Oracle, GameStop Read More »
Why American Eagle Outfitters Rallied in August
The Sydney Sweeney ad campaign got a thumbs-up from President Trump, while the company also announced a new collaboration with Travis Kelce. Shares of American Eagle Outfitters (AEO 0.21%) rallied 19.8% in August, according to data from S&P Global Market Intelligence. American Eagle capitalized on July’s optimism regarding its new ad campaign starring actress Sydney
Why American Eagle Outfitters Rallied in August Read More »
Why C3.ai Plunged in August
The AI software company sank on the back of reduced guidance and the replacement of its CEO. Shares of AI software company C3.ai (AI 0.78%) sank in August, falling 28.2% during the month, according to data from S&P Global Market Intelligence. C3.ai pre-announced its fiscal first-quarter results, disclosing that it would miss its initial guidance
Why C3.ai Plunged in August Read More »