US Job Market Wobbles Amid Strikes, Hurricanes, Fed Cuts
Last week’s slight uptick in new unemployment claims indicates little overall change in the U.S. labor market but highlights October’s near-stagnant job growth, primarily driven [more…]
Trump’s Tariffs: Goldman Sachs Warns of EU Economic Woes
President-elect Donald Trump’s proposed protectionist policies, particularly his pledge to impose steep tariffs on imported goods, are casting a shadow over Europe’s economic outlook. Investment [more…]
Trump’s Win Spurs Tech Uncertainty: AI, Antitrust, Tariffs
Donald Trump’s reelection as the 47th President has raised pivotal questions about the future of the U.S. tech industry. With potential shifts in AI regulation, [more…]
Voters Weigh in on Key Issues in 2024 Election Showdown
As millions of Americans head to the polls for the 2024 presidential election, two key issues have dominated the conversation: abortion rights and immigration. Voters [more…]
Schneider Electric Ousts CEO Peter Herweck in Surprise Move
In a surprising move, Schneider Electric (SCHN.PA) has removed CEO Peter Herweck from his position due to differences in how the company’s strategy was being [more…]
Super Micro Stock Plummets Amid Auditor Exit, DOJ Probe
Super Micro investors have seen the company’s stock nosedive this week, dropping another 10% on Friday, capping a staggering 44% sell-off over the past week. [more…]
U.S. Consumer Spending Rises in September, Supporting Growth
U.S. consumer spending continued its upward trend in September, pushing the economy toward a stronger growth path as it heads into the year’s final quarter. [more…]
Eli Lilly’s Stock Faces Setback After Weight-Loss Drug Sales Miss Estimates
Eli Lilly, the world’s most valuable drugmaker, saw a sharp decline in its stock price after missing quarterly sales expectations for its blockbuster weight-loss drugs, [more…]
Consumer Confidence Surges Ahead of U.S. Election Despite Decline in Job Openings
Consumer optimism in the U.S. economy surged in October, despite recent job data showing a decline in available positions. According to the Conference Board, its [more…]
China’s Economic Optimism: Aiming for 5% Growth with Pro-Growth Policies
China is confidently targeting a 5% GDP growth for 2024, bolstered by recent fiscal and monetary policy adjustments aimed at stimulating the economy. At the [more…]
