US stocks rose Tuesday, shaking off a wobble that followed remarks a day earlier by Federal Reserve Chairman Jerome Powell signaling that the central bank could deliver bigger interest rate increases at coming policy meetings in a bid to rein in inflation currently running at a 40 year high . What’s happening The Dow Jones […]
Russia’s invasion of Ukraine has shaken the global market for uranium, a critical fuel for nuclear-power plants, prompting some in the US to propose reviving domestic production. Russia enriches more uranium for use in nuclear plants than any other country in the world. Its increasing economic isolation following its attack on Ukraine—and talk of potential […]
Text size The S&P 500 saw its best week since November 2020 last week. Ed Jones/AFP via Getty Images The stock market slide Monday as Federal Reserve Chair Jerome Powell indicated that the central bank could be more aggressive in lifting interest rates. Tea Dow Jones Industrial Average dropped 202 points, or 0.6%, while the […]
US stocks declined and oil prices rose as investors reacted to new Federal Reserve commentary following major indexes’ strong finish last week. The S&P 500 traded down 0.6% in afternoon trading, turning lower after comments from Fed Chairman Jerome Powell about the possibility of more aggressive interest-rate moves to tame inflation. Treasury yield rose following […]
Rising fuel prices are taking a toll on small businesses, prompting owners of everything from furniture retailers to swimming-pool service companies to trim services and revise contracts as they try to soften the financial hit. Keon Enterprises, in Harrisburg, Pa., has paid as much as $3,180 for gas in recent weeks, up from about $1,500 […]
Rising fuel prices are taking a toll on small businesses, prompting owners of everything from furniture retailers to swimming-pool service companies to trim services and revise contracts as they try to soften the financial hit. Keon Enterprises, in Harrisburg, Pa., has paid as much as $3,180 for gas in recent weeks, up from about $1,500 […]
Canadian Pacific Railway ltd. PC 0.08% trains were halted Sunday morning, stalling global shipments of key manufactured goods and commodities like fertilizers, after an impasse in contract negotiations between the company and its conductors and engineers. The Teamsters Canada Rail Conference, which represents more than 3,000 conductors, engineers and yard workers at Canadian Pacific, issued […]
Investors are piling back into US stocks, betting that the domestic equity market can withstand new economic headwinds better than other parts of the world. The US, by contrast, is less reliable on Russian oil, while counts of Covid-19 patients admitted to hospitals have fallen substantially. And many investors believe the US economy entered the […]
Chinese stocks crashed in recent days, only to rebound with unprecedented force. To some investors, the recovery was nearly as worrying as the selloff. The turbulence follows a year-long slide that had already caused widespread investor losses. Trillions of dollars in market value across American depositary receipts, Hong Kong shares and other Chinese stocks have […]
Chinese stocks crashed in recent days, only to rebound with unprecedented force. To some investors, the recovery was nearly as worrying as the selloff. The turbulence follows a year-long slide that had already caused widespread investor losses. Trillions of dollars in market value across American depositary receipts, Hong Kong shares and other Chinese stocks have […]
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