indicators

U.S. stocks push higher as Powell sees path back to 2% inflation while sustaining strong labor market

U.S. stocks push higher as Powell sees path back to 2% inflation while sustaining strong labor market

US stock indices rose after a shaky start on Wednesday, leaving Wall Street potentially gaining ground after back-to-back losses as investors tune in to comments from central bankers as they fear runaway inflation is on the rise. damaging the world’s largest economy. How are stock indices traded? The Dow Jones Industrial Average DJIA, +0.12% it …

U.S. stocks push higher as Powell sees path back to 2% inflation while sustaining strong labor market Read More »

Stocks Finish Lower After Weak Consumer-Confidence Reading

Stocks Finish Lower After Weak Consumer-Confidence Reading

US stocks slumped on Tuesday, giving up early gains and falling for the second day in a row as investors scrutinized new economic data for clues about the pace of monetary policy tightening. In recent sessions, major indices have been highly sensitive to news and data as investors assess the durability of the markets’ rebound …

Stocks Finish Lower After Weak Consumer-Confidence Reading Read More »

More Companies Start to Rescind Job Offers

More Companies Start to Rescind Job Offers

Companies in several different industries are rescinding job offers they made just months ago, in a sign that the tightest job market in decades may be showing cracks. Companies including Twitter Inc.. real estate brokerage redfin corp. and cryptocurrency exchange Coinbase Global Inc.. have rescinded deals in recent weeks. Employers in other pockets of the …

More Companies Start to Rescind Job Offers Read More »