U.S. economy

Inflation Eases in October, A Glimmer of Hope for Consumers Amidst Economic Uncertainties

In October, consumer prices in the U.S. rose by 3.2% compared to the previous year, signaling a noteworthy slowdown and…

2 years ago

Exclusive: Morgan Stanley to slash 2022 banker bonuses in Asia by up to half

Morgan Stanley plans to slash investment bankers' annual bonuses by as much as 50% in Asia, said two people with…

3 years ago

Bank data shows U.S. consumer financial health holds up amid rising inflation

Americans' financial health held up well in the second quarter even as inflation sent gas and grocery bills higher and…

3 years ago

Analysis: Investors brace for recession, more market turmoil after Fed’s supersized hike

Investors' faith in a soft landing for the U.S. economy is being heavily tested, as a jumbo-sized interest rate hike…

3 years ago

S&P, Dow futures edge higher ahead of GDP data; Nvidia slides

Futures tracking the Dow and S&P 500 rose on Thursday, ahead of data that will likely offer clues on how…

4 years ago

Omicron restrains U.S. manufacturing; supply bottlenecks slowly easing

A measure of U.S. manufacturing activity fell to a 14-month low in January amid an outbreak of COVID-19 cases, supporting…

4 years ago

Apple will not call employees back to work until 2022

The Delta variant has become the latest roadblock to reopening offices and employees returning to work. Apple has postponed returning…

4 years ago