Economy
Credit Card Debt Nears Record as Consumers Rely on Revolving Credit
U.S. consumer credit expanded in June, driven by a significant rebound in revolving debt, pushing credit card balances close to an all-time...
#economic data 30 articles
World Business
China’s Exports Dip in July, Advanced Products Drive Underlying Strength
China's exports experienced a slight deceleration in July, yet strong global demand for high-tech electronics and vehicles provided a significant offset, pushing...
Stocks
Indices Diverge: Dow Hits Record, S&P and Nasdaq Retreat on Economic Worries
U.S. stock indices closed mixed Wednesday; the Dow Jones Industrial Average reached a new all-time high, while the S&P 500 and Nasdaq...
Stocks
Dollar Rebounds Sharply on Strong ISM Manufacturing Data
The U.S. dollar recovered significantly on Monday, driven by a stronger-than-expected July ISM manufacturing index that hit a four-year high, reversing earlier...
Stocks
Amazon Propels Stocks Higher as S&P 500, Nasdaq 100 Reach 1-Week Highs
Major US stock indices closed higher, with Amazon.com surging over 15% to lead megacap technology stocks. This rally occurred despite stronger US...
Economy
US Jobless Claims Plunge to 187,000, Lowest Since 1969
US applications for jobless benefits tumbled to 187,000 last week, marking the lowest level in over five decades despite global economic uncertainty.
Economy
June Retail Sales Edge Up 0.2%, Driven by Cars and Online Buys
U.S. retail sales rose a modest 0.2% in June, but excluding gas, shoppers showed resilience, buying cars and boosting online sales. Falling...
Markets
Tokyo Market Extends Gains, Nikkei Nears 27,000
The Japanese stock market registered modest gains on Monday, with the Nikkei 225 nearing the 27,000 mark, extending Friday's rally despite lingering...
Economy
Warsh Congressional Debut, Inflation Data Frame July Fed Rate Path
Federal Reserve Chairman Kevin Warsh faces Congress this week as new US inflation data is released, setting the tone for the July...