Economy

A view shows the U.S. Capitol in Washington, U.S., May 9, 2024. Kaylee Greenlee Beal | ReutersConcern over such eye-popping numbers had been largely confined to partisan rancor on Capitol Hill as well as from watchdogs like the Committee…
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The stock market has been on a roll, and politicians are vying to take credit for it.In December and January, the S&P 500, a broad market gauge, and the Dow Jones Industrial Average both closed at all-time highs for the first time in…
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STOCKTON - California has the highest unemployment rate in the country.California added more than 50,000 jobs in April two years ago, but the state only added 5,200 jobs this past April. It's a troubling trend that some experts are…
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The Dow briefly topped 40,000 for the first time.Walmart shares surged as the retailer said it benefited from people opting for groceries over quick-service restaurants.Wayfair is opening its first physical store.Here are the most…
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Asian shares retreated on Friday after U.S. stocks edged back from their record heights, though the Dow Jones Industrial Average briefly topped 40,000 for the first time. U.S. futures fell and oil…
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Markets are good at calibrating financial and economic risks but struggle to incorporate the separate dimension of geopolitical risk which is often viewed as an all-or-nothing binary, he said.Stock markets in Europe and the U.S. have…
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Traders on the floor of the NYSESource: NYSEHere are the most important news items that investors need to start their trading day:1. Can stocks get over the hump?U.S. equities markets entered Wednesday in a deep funk. After big losses…
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As a growing number of overseas Chinese students run into financial difficulties due to the declining wealth of their families, many go online to express their grief and seek advice on how to cope with the situation.Andersen Ross…
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People shop in the food section of a retail store in Rosemead, California, Jan. 19, 2024.Frederic J. Brown | AFP | Getty ImagesInflation trends may have gotten a little less dreary in April, though they are still likely to keep the…
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The U.S. economy may be starting to crack, according to the recent performance of two notable stock indexes. The Dow Theory, which is over a century old, suggests that the behavior of the Dow Jones Industrial Average and the Dow Jones…
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