Finance

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