Articles tagged with #economics
Latest articles tagged with #economics, sorted from newest to oldest.
Nasdaq Notches First Monthly Loss Since March as Dow, Sp 500 Make Gains
The US stock market has seen a mixed performance in recent times, with the tech-heavy Nasdaq Composite Index facing a downturn. The Nasdaq has slipped 2% in October, marking its first monthly loss since March this year. This decline is significant, given the Nasdaq's strong performance in the first ...
Households Face 'dismal' Rise in Spending Power, Says Ifs
The UK's Institute for Fiscal Studies (IFS) has sounded the alarm on household spending power, issuing a stark warning about the dire economic prospects facing families across the nation. According to the IFS, the decline in real household disposable income is set to worsen over the coming year, fue...
Budget 2025 Live: Ordinary People Will Pay 'a Little Bit More', Says Reeves
Rachel Reeves, the Chancellor of the Exchequer, has unveiled the Budget 2025, which has been met with mixed reactions from the public. According to Reeves, the Budget will require ordinary people to pay "a little bit more" due to the increased tax burden. The announcement has sparked concerns among ...
Stock Market Today: Nasdaq Rises Nearly 2%; Google Gains; Chip Stocks Rally — Live Updates
The stock market experienced a significant boost on Wednesday, with the Nasdaq composite index rising nearly 2%. This increase was driven by gains in tech stocks, including Google parent Alphabet Inc. The rally in the stock market comes as investors become more optimistic about the economy, with man...
Us Jobs Market Sees Moderate Growth Despite Rising Unemployment
The Bureau of Labor Statistics released its September jobs report on Friday, providing insight into the ongoing state of the US labor market. The data indicates that employers added 263,000 new positions in September, marking the 20th consecutive month of job growth. However, the report also reveale...
Dow Jones Index Experiences Sudden and Significant Decline
The Dow Jones Industrial Average is a widely followed stock market index that tracks the performance of 30 major American companies. It is considered a bellwether for the overall US stock market and is closely watched by investors and analysts around the world. Morning Trading Session Sees Sudden an...
Larry Summers Calls for Fiscal Stimulus Amid Economic Uncertainty
Larry Summers, a prominent economist and former Treasury Secretary, has issued a warning about the dangers of inaction in the face of economic uncertainty. In a recent interview, Summers emphasized the need for policymakers to take bold action to stimulate the economy, citing the ongoing recession a...
Us Announces New Trade Deals in Attempt to Cut Costs for Consumers
The US government has taken a significant step towards reducing the financial strain on American households, unveiling a series of new trade deals that promise to lower prices on essential goods and boost economic growth. The agreements, which include partnerships with major trading nations, are see...
Us Treasury Secretary Visits Philadelphia Mint to Strike Final Penny, Marking End of an Era
US Treasury Secretary Janet Yellen made a historic visit to the Philadelphia Mint on Wednesday, where she struck the final penny in a ceremony marking the end of a 50-year tradition of producing the US one-cent coin. The event is a significant milestone in the mint's history, as it brings to a close...