News

‘You’re hired!’: Trump crafts his own economic truth
The US president will make two personnel decisions that will have an outsized influence on the American economy and the ...
Why Trump’s big hiring week could be a red flag for investors
The US president will make two personnel decisions that will have an outsized influence on the American economy and the ...
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Commercial Real Estate Investors Are Done Waiting For A Rate Cut
A string of data points shows commercial real estate investors are sweeping away the dust of uncertainty that has plagued the ...
Gold Edges Higher Amid Fed Cut Hopes
Developments in the U.S. may continue to sway gold as signs of a slowing economy put pressure on the Fed to cut interest rates, said David Song, strategist at Forex.com.
China’s Caixin Services PMI unexpectedly jumps to 52.6 in July vs. 50.2 expected
China's Services Purchasing Managers' Index (PMI) unexpectedly leaped to 52.6 in July from 50.6 in June, the latest data published by Caixin showed on Tuesday. The Chinese proxy, the Australian Dollar ...
Dow leaps 585 points as US stocks win back most of Friday’s wipeout
The S&P 500 rose 0.8% in early trading to claw back roughly half of Friday’s drop. The Dow Jones Industrial Average was up ...
Trump’s BLS Firing Tests Wall Street’s Reliance on Government Data
Investors have long parsed economic reports on the labor market or inflation to help determine prices for stocks and bonds.
US Dollar Index softens to below 99.00, US ISM Services PMI data in focus
Looking ahead, traders will keep an eye on the US ISM Services PMI later on Tuesday. The ISM Services PMI is expected to improve to 51.5 in July from 50.8 in the previous reading. If the report shows ...