Tag: Breaking News: Economy
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Stocks making the biggest moves midday: Rivian, Tesla, Sandisk, Blue Owl, AeroVironment & more
Here are the companies making headlines in midday trading.
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Trump says ‘everybody’s profiting’ from recent market rallies — but it’s mostly the 1%
A large share of U.S. households have no exposure to equities and have not benefited from the bull market.
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How high hopes for Biden’s student-loan forgiveness plans cost borrowers
The Biden White House’s lofty expectations for its loan forgiveness efforts inadvertently damaged the financial situation of many student loan borrowers.
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U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise by 115,000 in June while the unemployment rate held steady at 4.3%.
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U.S. Treasury yields rise as investors await June jobs report
Economists polled by Dow Jones expect the U.S. to have added 115,000 jobs last month.
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Europe wants to rebalance trade with Beijing, but can’t quit Chinese air conditioners
An historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
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World Cup could boost the June jobs report by 40,000, Goldman estimates
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
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Private payrolls rose by 98,000 in June, less than expected, ADP reports
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
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Watch Fed Chief Kevin Warsh and other central bank leaders talk rate policy at ECB forum: Live updates
The Fed chairman joins a panel of other central bank leaders Wednesday at the ECB Forum on Central Banking in Sintra, Portugal.
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U.S. Treasury yields edge higher as investors await Fed Chair Warsh’s talks in Europe
U.S. Treasury yields rose on Wednesday, as investors awaited more data and clues on the Federal Reserve’s monetary policy path.
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