This was lower than the 0.7% expected by economists polled by Reuters, and was also below the 0.8% seen in June.… MORE
Category Archives: Top News
From the ‘Big Stay’ to a ‘no-hire, no-fire’ freeze, labor markets are seeing sizable shifts
Many workers are staying put in their jobs, while businesses are putting the brakes on hiring or firing.… MORE
China’s state-backed Dongfeng Motor skyrockets to 8-year highs as parent to take automaker private
Shares of China’s Dongfeng Motor Group skyrocketed after its parent company announced on Friday plans to take the automaker private at a premium. … MORE
Hong Kong stocks rise over 2%, nearing 4-year peak, led by tech rally
The Hang Seng Tech index rose 3.11%, with strong moves seen in Nio, which gained 13.64% and ASMPT, which increased by 6.74%.… MORE
Stock futures are little changed after Dow’s record close, as traders await Nvidia earnings: Live updates
On Friday, the Dow soared to a fresh closing record following Fed Chair Jerome Powell’s speech in Jackson Hole.… MORE
Airline bookings haven’t moved with the times. That’s about to change
Airlines are moving from reservation system operators to modern digital retailers that function more like Amazon and Spotify, Flyr CEO Alex Mans told CNBC Friday.… MORE
Nio shares surge over 14%, extending gains for seventh session
The rally comes in large part after the company unveiled its latest ES8 SUV on Aug. 21.… MORE
South Korean stocks rise as Asia markets track Wall Street gains on Fed rate-cut hopes
U.S. equity futures were little changed in early Asia hours, as investors await artificial intelligence darling Nvidia’s earnings.… MORE
Here’s my Monday playbook after the stock market’s Fed-driven rip higher
Monday’s importance can’t be underestimated, given the levels blown through by so many stocks.… MORE
Asia-Pacific markets track Wall Street gains on potential Fed rate cut
U.S. equity futures were little changed in early Asia hours, as investors await artificial intelligence darling Nvidia’s earnings.… MORE