US Stocks End Higher, Shrugging Off Early Weakness
Wall Street stocks shrugged off early weakness on Friday to secure solid gains as markets try to pivot from a grim first... Read more
GM Reports Lower Q2 Sales Due To Supply Chain Woes
General Motors reported a 15 percent drop in US auto sales in the second quarter as supply chain woes continued to crimp... Read more
Eurozone Inflation Hits Record, As Gas Crunch Looms
Eurozone inflation accelerated to another record high in June, official data showed on Friday, as Russia's war in Ukrain... Read more
US Stocks Fall As S&P 500 Ends Worst H1 Since 1970
Wall Street stocks fell on Thursday, a fitting end to a bruising first half of 2022, finishing solidly lower after US da... Read more
China's Factory, Service Sectors Expand
China's factory activity snapped three months of decline in June, as authorities lifted a Covid lockdown in Shanghai, bu... Read more
US Stocks End Flat After Failed Rebound
Wall Street stocks were near flat at the end of a choppy session on Wednesday as the market struggled to recover from th... Read more
US Stocks End Lower After Broad Sell Off
Wall Street closed sharply lower in a broad sell-off on Tuesday as dire consumer confidence data dampened investor optim... Read more
China Vows Measures To Cope With Economic Risks
China will roll out tools in its policy reserve in a timely way to cope with more economic challenges, as Covid-19 outbr... Read more
Home Prices Reverse Course To Fall
Home prices reversed course and fell 0.3 percent on-month, according to new government data released on Tuesday. The... Read more
Evergrande Opposes Winding-up Petition
China Evergrande said on Tuesday it will "vigorously oppose" a winding-up petition filed by an investor, while dismissin... Read more
US Stocks Fall As Markets Fret Ahead Of Q2 Reports
US stocks closed lower on Monday, with few catalysts to sway investor sentiment as they approach the half-way point of a... Read more
China's May Industrial Profits Slump Again
Profits at China's industrial firms shrank at a slower pace in May following a sharp fall in April, as activity in major... Read more
Central Banks Must Act Quickly On Inflation, Says BIS
Central banks must not let inflation become entrenched as the threat of stagflation looms over the global economy, the B... Read more
US Stocks Close Higher In Relief Rally
Wall Street's main indexes jumped sharply on Friday as signs of slowing economic growth and a recent pullback in commodi... Read more
Wall Street Up Solidly Despite Recession Worries
Wall Street's main indexes posted solid gains on Thursday, fueled by strong performance from defensive and tech shares t... Read more