Articles about Economy
Latest articles about Economy, sorted from newest to oldest.
Stock Market Today: Nasdaq Slumps Again as Jobs Data Collides with Tech Selloff — Live Updates
The US stock market continued its downward trend on Friday, with the Nasdaq composite index plummeting 2.3% to a new year-to-date low. This marked the sixth consecutive session of losses for the tech-heavy index, which has now shed over 5% of its value in the past month. Mixed Economic Signals Weigh...
In 2026, Many Employers Are Ditching Merit-based Pay Bumps in Favor of ‘peanut Butter Raises’
As the economy faces an uncertain future, many employers are adapting their compensation strategies to better support their employees. According to a recent report by Fortune, 'peanut butter raises' are becoming the new norm, replacing traditional merit-based pay bumps. This shift is driven by the n...
Global Markets Witness Mixed Signals as Gold and Silver Prices Fall but Ftse 100 Hits Record High
The FTSE 100 index, which tracks the performance of the top 100 publicly traded companies in the UK, has been on a remarkable run, with its value reaching a new record high. The recent surge is attributed to a combination of factors, including a strong pound sterling and a rebound in consumer spendi...
Stock Futures Fall After Silver, Bitcoin Sell Off; Questions Loom Over Ai Trade: Live Updates
The US stock market opened with a sharp decline, with the Dow Jones Industrial Average plummeting over 200 points. This sudden downturn has sparked concerns among investors, traders, and analysts, who are scrambling to make sense of the market's sudden shift. The sell-off in silver and bitcoin marke...
Homebuyers Are Backing Out of Deals at the Fastest Pace in Nearly a Decade
The latest data from the National Association of Realtors (NAR) reveals that homebuyers are backing out of deals at an alarming rate, with the number of contract cancellations reaching its highest point since 2014. The NAR reported that 44% of homebuyers in December canceled their contracts, up from...
Carney Downplays Trump’s Threats While Ruling Out China Trade Deal
U.S. President Donald Trump has been engaged in a trade war with China for the past year, imposing tariffs on billions of dollars' worth of Chinese goods. In a recent statement, he threatened to raise the stakes further by increasing the tariffs on Chinese imports. Carney Downplays Trump's Threats H...
Lutnick: Carney’s China Deal Opens ‘road Map’ to Change Usmca
The recent agreement between China and Canadian Prime Minister Justin Trudeau's envoy has sent shockwaves across the US trade community. According to reports, US trade officials are now considering potential changes to the United States-Mexico-Canada Agreement (USMCA) following the deal. Rationale B...
House Approaches Passage of Final Spending Bills
As Congress continues to navigate the complex landscape of federal spending, lawmakers in the House are on the cusp of passing the final spending bills. This significant development marks a major breakthrough in the ongoing budget negotiations, which have been marred by disagreements and delays. The...
Trump's Energy Bill Promise Falls Short After One Year
Former President Donald Trump's campaign pledge to drastically reduce energy bills for American households remains a contentious topic, with the Biden administration evaluating the progress made under his policies. Trump's promise, which was central to his 2016 presidential campaign, aimed to make t...