Tag: Breaking News: Economy
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Stocks making the biggest moves midday: Cerebras, Marvell, Intel, Corning & more
Here are the companies that are making headlines in midday trading.
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Household worries over finances hit highest level since July 2022, New York Fed survey shows
While the central bank’s monthly survey showed the inflation outlook mostly unchanged, the general perception of conditions deteriorated.
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Treasury yields rise as traders weigh inflationary pressures, fresh Iran tensions
Treasury yields rose Monday, as investors monitored domestic inflation and rising energy costs.
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‘Bring ’em on’: Most profitable airline Delta wants United’s crown over the Pacific, too
Delta’s president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific.
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Inflation inside the electronics you buy may soon become a bit more sticky
Most consumers are not familiar with the role resin plays inside electronics like smartphones. A current shortage of the materials may push up prices.
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Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.
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Stocks making the biggest moves midday: Broadcom, Arm, Strategy, Chipotle, Quantinuum & more
These are the companies making headlines in midday trading.
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U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
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Broadway’s $1.9 billion season is the latest sign of consumers splurging on experiences
Sunday’s Tony Awards follow a record-breaking season on Broadway. The awards often lead to further ticket sales for winning shows.
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Treasury yields ease as traders await key labor market data
Treasury yields fell on Friday, as investor attention turned to non-farm payrolls and unemployment data.
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