Articles about Economics
Latest articles about Economics, sorted from newest to oldest.
Job Openings Plummet in Warning Sign for Trump's Economy
The latest data on job openings in the United States has sent shockwaves through the economic community, with a recent report from Politico suggesting that the number of available positions has plummeted in recent months. Decline in Job Openings Triggers Economic Concerns According to the report, th...
Stock Market Tumbles on Trio of Weak Jobs Data
The US stock market witnessed a sharp decline on Wednesday, with the SPY and QQQ indices experiencing significant losses. The Dow Jones Industrial Average also fell, closing at 26,155.64, a decline of 1.2% from its previous close. The S&P 500 Index and the Nasdaq Composite Index also suffered losses...
Santander Agrees to Acquire Webster Financial in $12.2bn Deal
The acquisition marks a significant expansion for Santander in the US market, where it has been present since 2013. Santander has been actively expanding its operations in the US, with a focus on growing its commercial and corporate banking business. Deal Terms and Conditions Under the terms of the ...
Stock Market Today: Dow Rises 450 Points; Gold, Silver Prices in Focus — Live Updates
The Dow Jones Industrial Average surged by 450 points on Wednesday , marking a significant shift in investor sentiment. The sudden rally was attributed to a combination of positive economic indicators, including a strong manufacturing report and improved consumer spending. This sudden change in mark...
Dollar Volatility Sparks Overseas Investment Surge
The US dollar's erratic behavior has become a major concern for investors, with its value experiencing significant fluctuations in recent months. The dollar's 'yo-yo' effect has been attributed to various factors, including the Federal Reserve's monetary policy decisions and the ongoing trade tensio...
U.s. Trade Deficit Widens Despite Trump’s Tariffs
The U.S. trade deficit has seen a significant increase in recent months, despite the implementation of tariffs by the Trump administration. According to data released by the U.S. Census Bureau, the trade deficit widened by 2.1% in December, reaching a total of $47.2 billion. This increase is a stark...
Carney Rolls His Eyes at Us Treasury Secretary
At the World Economic Forum in Davos, a high-profile meeting between British Chancellor Philip Hammond's special envoy, Mark Carney, and US Treasury Secretary Steven Mnuchin took an unexpected turn. Carney, who is also the Governor of the Bank of England, reportedly rolled his eyes at Mnuchin, leavi...
Market Speculates on Rick Rieder's Potential Fed Chair Role
The financial industry is abuzz with speculation surrounding Rick Rieder's potential appointment as the next chair of the Federal Reserve. As Jerome Powell's term as Fed chair comes to an end in February 2026, many market analysts believe Rieder's experience and expertise make him a strong candidate...
Investors May Be Led into a Trap as Stock Market Discards New Tariff Threats, Analyst Warns
Investors have been breathing a sigh of relief as the stock market appears to be shrugging off new tariff threats. However, one analyst is warning that this complacency could be a trap, and investors should be cautious about the potential risks. The analyst, who spoke to MarketWatch, believes that t...