Stock Market News
One quadrillion is the number used to describe the wealth effect of South Korea's stock-market miracle
Having more than doubled already this year, Korea's stock market returns have driven a wealth effect that under an optimistic scenario could generate a wealth effect among the populace of KRW 43 trill...
How Indian Equities Could Thrive amid Market Gloom
Deeply negative sentiment may be setting the stage for a recovery in Indian equities, according to Devina Mehra, Chairperson and MD of First Global. She argues that widespread pessimism and heightened...
U.S. Stock Futures Down as Investors Await Key Jobs Report
U.S. stock futures were down ahead of Friday’s session as investors looked forward to the key jobs report. Futures on the Dow Jones Industrial Average ($DJIA), the Nasdaq 100 ($NDX),…
China may move toward U.S. path on AI as firms poach employees
The U.S. has focused more on artificial general intelligence than China. Former OpenAI researcher Yao Shunyu, now chief AI scientist at Tencent, said Friday he aims to develop AGI.
'BEND BUT DON'T BREAK': Brian Belski explains why he still believes in this market
Humilis Investment Strategies CEO and CIO Brian Belski explains why inflation concerns are overblown and highlights the market's underlying strength on 'Making Money.' #fox #media #breakingnews #us #u...
Asian central banks in dilemma: support growth, tame inflation or prop up their falling currencies?
CNBC's Sri Jegarajah, JP Ong and Mandy Drury join forces to discuss the big policy dilemma facing central banks in India, Indonesia and Japan amid the energy shock from the Middle East war.
Auto market turmoil takes toll on German carmakers, study says
German carmakers lost ground to competitors at the start of the year as tariffs, conflict and technological upheaval weighed on sales, according to an EY analysis warning of further pressures ahead...
Time to nip inflation in the bud: Five questions for the ECB
The European Central Bank is expected to hike interest rates next week, becoming the first of the biggest central banks to do so since the Iran war unleashed an energy crisis that is stoking inflatio...
Mega IPO Arms Race Heats Up: Markets Snapshot
SpaceX is seeking to raise $75 billion in a record breaking initial public offering, and could clear a path for more mega-listings. Firms such as Anthropic and OpenAI are expected to target double-dig...
Fitch Cuts Global Growth Outlook in Latest Downgrade to Capture Mideast Impact
The oil shock triggered by the U.S.-Iran conflict has damaged the global economy's prospects, Fitch Ratings warned.
CNBC Daily Open: Chips are down — but not for the Dow
The Dow surged to a fresh all-time high and the S&P 500 edged higher as the ceasefire trade returned. Brent crude and WTI futures declined after Trump said he'd be "honored" to meet Iran's new Supreme...
Review & Preview: Signs of Health
Healthcare stocks jumped more than 3% as AI stocks cooled off. Plus, the SpaceX FOMO.
US job openings jump to highest level in nearly two years, powered by white-collar positions
Employers posted 7.62 million job openings in April, up sharply from 6.89 million the month before and the highest level since May 2024.
U.S. Stock Futures Slip as Investors Await Key Jobs Report
U.S. stock futures were down on Thursday evening as investors looked forward to the key jobs report. Futures on the Dow Jones Industrial Average ($DJIA), the Nasdaq 100 ($NDX), and…
Jim Cramer says Thursday's rally shows investors' 'huge appetite' for stocks
CNBC's Jim Cramer said Thursday's rally showed investors remain resilient and eager to buy stocks. He pointed to the market's ability to absorb Alphabet's massive equity offering and shrug off renewed...
Dow Notches Fresh Record, Buoyed by Healthcare, Financial Stocks
Index adds 875 points, while tech investors deal with Broadcom stumble.
Fed Weighs Need For Rate Hikes, US May Payrolls Due Out Friday | Real Yield 6/4/2026
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: JPMorgan Asset Management Fixed Income Portfolio Manager Kelsey Berro, Federated Hermes Executive VP Deborah ...
Stock Market Today: SPY, QQQ Bounce Back from Lows as Oil and Tech Stocks Retreat
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed well above their early morning lows on Thursday as oil and tech stocks slid lower. News That Moved…
Dow hits record high as investors rotate out of AI chip stocks
The Dow Jones Industrial Average climbed to a record closing high on Thursday as investors shifted money into healthcare and financial stocks, while a broad selloff in semiconductor shares weighed on ...
Goldman's Minnis Sees 'Generational' AI Shift Fueling Markets
Christina Minnis, global head of the alternatives origination group at Goldman Sachs, says lines are blurring between different businesses, noting that businesses such as structured products, investme...
Dow Gets a Healthy Boost
Dow surge leads stocks higher. Buoyed by the prospect of a ceasefire that may finally take hold in Lebanon, investors pushed many U.S. stocks higher. The Dow surged 875 points to 51,562 while the S&P ...
S&P 500 Top Stock Gainers Today, 6/4/26
The S&P 500 (SPX) staged a comeback on Thursday, closing in positive territory after opening in the negative. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector Healthc...
Jobs Report Will Not Help Fed: Berro
Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, joins Katie Greifeld on "Bloomberg Real Yield." They discuss Friday's US jobs report and the path forward for new Fed Chair K...
Fed Seeks More Detail on Banks' ‘Very Opaque' Private Credit Lending
Federal Reserve Vice Chair for Supervision Michelle Bowman said regulators have launched a new effort to better understand how bank lending flows into private credit funds and other nonbank financial ...
Fed's Daly on the Economic Impact of AI, Labor Markets, Monetary Policy
Mary C. Daly, President & CEO at Federal Reserve Bank of San Francisco discusses AI's impact on productivity, labor markets and economic growth with Bloomberg's Caroline Hyde at Bloomberg Tech 2026 in...
What to Expect From the Monthly Jobs Report
Bloomberg Economics chief US economist Anna Wong joins Katie Greifeld on "Bloomberg Real Yield." The team expects the May payrolls report to show a solid increase, suggesting the hot March and April r...
Stocks Just Flashed a Rare Market Signal. Here's What It Could Mean.
A rarely seen move in the NYSE Tick Index is raising questions about market momentum as investors prepare for a wave of new stock supply, including the highly anticipated SpaceX IPO.
Trump Unveils New Tariff Plan for Trade Partners
The US is proposing new tariffs of at least 10% on imports from most major trading partners, citing forced-labor practices. The 10% rate would apply to partners who prohibit forced labor imports, suc...
Mortgage Rates Stay Locked Near 6.5% as U.S.-Iran War Drags On
The average 30-year fixed-rate mortgage (FRM) was 6.48% for the week ended Wednesday, down from 6.53% in the prior week, Freddie Mac (FMCC) announced on Thursday. The rate is closely…
Fed’s Daly Says Interest Rates Can Go ‘Either Way’
Federal Reserve Bank of San Francisco President Mary Daly said Thursday that the central bank is prepared to move interest rates in either direction and will remain flexible as data comes…
Investors Are Hiding Despite the Best Earnings in 10 Years
Buffer ETFs are emerging as a solution for investors who have stayed largely on the sidelines even as first-quarter earnings grew 28%, according to panelists at a Goldman Sachs Asset Management media ...
Fed's Daly says AI is not for now driving inflation up or down
San Francisco Federal Reserve President Mary Daly on Thursday said that while she believes AI over a five- to 10-year window could be a deflationary force, the effect is "not a pressing issue" ...
Dow gains 900 points as oil prices ease, while AI stocks keep Wall Street in check
Most U.S. stocks are rising Thursday as oil prices ease, but slumps for influential artificial-intelligence winners are keeping Wall Street in check.
Trump Zones in on Todd Blanche as Next Attorney General
President Trump said on Wednesday evening that he will nominate acting attorney general Todd Blanche to serve in the role on a permanent basis. Blanche began his current role after…
The job market is actually getting a boost from AI: Turns out human workers are cheaper
Corporate executives are realizing that it's more expensive to replace employees with artificial intelligence, contrary to what was previously believed. That's good news for the U.S. labor market.
A war-weary Treasury market faces a fresh test with Friday's jobs report
The new worry on Wall Street is that investors are simply losing patience and demanding higher compensation to lend money to the U.S. government.
Fed's Daly Says Forward Guidance Could Be Misleading
Federal Reserve Bank of San Francisco President Mary Daly says monetary policy is in a good place, but there's too much uncertainty ahead. She's also bullish on artificial intelligence, but has seen n...
Dow Jones Today: DJIA Rallies to Record High on U.S.-Iran Optimism as Oil Weakens
The Dow Jones (DJIA) is trading higher on Thursday and secured a new all-time high as oil prices fall on hopes for an end to the U.S.-Iran war. President Trump…
Investors are selling stocks to buy new IPOs which is dangerous, says Ariel's Charles Bobrinskoy
Charles Bobrinskoy, Ariel vice chairman, joins 'Squawk on the Street' to discuss the latest market action, market concentration and much more.
Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy
The number of Americans facing unemployment for at least 27 weeks has climbed above 1.8 million on average this year. Long-term unemployment can have ramifications on financial, emotional and family h...
Fed Data Shows Consumer Divide Growing Wider
The latest Beige Book from the Federal Reserve suggested that the consumer remains standing, but not on equal footing. While economic activity expanded in most Federal Reserve districts, the survey in...
Beware "Subdued" VIX & Stock "Feeding Frenzy" as Pullback Potential Looms
@CharlesSchwab's Nathan Peterson explains the dynamics he sees around a "subdued" VIX as tech pulls back Thursday in reaction to Broadcom (AVGO) and CrowdStrike's (CRWD) earnings. He worries that mark...
10-Year Treasury Yield Slips on Hopes for a U.S.-Iran Peace Deal
The 10-year Treasury yield is down by 2.6 bps to 4.465% on Thursday as optimism grows for a U.S.-Iran peace deal. Israel and Lebanon agreed to a ceasefire earlier this…
The AI boom is running into a copper problem
A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly BI Tech Memo newsletter here.
Why Is the Stock Market Down Today, 6/4/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are in negative territory on Thursday, although the latter is facing a much bigger decline as tech stocks pull back.
Azuria's Tavi Costa: The AI 'build phase' is an inflation trap - here is the metals playbook the market is missing
The broader market's conviction that artificial intelligence will usher in a deflationary era of productivity is blinding investors to an immediate, capital-intensive infrastructure scramble that is a...
S&P 500 Stalls as Jobless Claims Accelerate to 4-Month High
The S&P 500 (SPX) opened Thursday in negative territory following the release of new jobs data from the Department of Labor. For the week ended May 30, initial jobless claims rose by 13,000…
The economy is creating more jobs, but these groups are having trouble finding work
The May employment report, due Friday, will offer more clues on whether a broad rebound in hiring is under way — or whether the labor market is just treading water.
Hiring Has Expanded Beyond Healthcare, Richardson Says
ADP Chief Economist Nela Richardson says the latest payroll data shows hiring has finally broadened beyond health care, with gains across eight out of ten major sectors. US initial jobless claims did ...
SPACE RACE: Competition with China is MASSIVELY intensifying
NASA Administrator Jared Isaacman joins 'Mornings with Maria' to detail America's plan to beat China back to the Moon, build a permanent lunar base and pave the way for future missions to Mars.
Dow Jones Climbs as Trump Says U.S. in ‘Final Negotiations’ to End War With Iran
The Dow Jones (DJIA) is set to open Thursday on higher ground after President Trump said the U.S. is nearing a deal to end the war with Iran. However, that…
Jobless claims jump to 4-month high, but don't be fooled: Layoffs aren't on the rise
The number of people who applied for unemployment benefits at the end of May jumped to a four-month high, but not because businesses are laying off more workers. The timing of the Memorial Day holiday...
This investing strategy digs deeper to find hidden stocks riding the AI wave
There are plenty of ways to jump into the generative-AI hardware infrastructure expansion beyond the familiar chip makers and hyperscalers.
Wasserman: Investors "Overly Optimistic" in AI, Balance Mag 7 with Energy
"The market is not pricing in any slowdown," says Max Wasserman, as investors feel a speed bump in momentum following Broadcom's (AVGO) underwhelming earnings. He says there's plenty of signs of stren...
Soaring stocks created 2 million new millionaires around the world last year
The population of global millionaires surged 7.9% to 25.3 million in 2025, according to the Capgemini World Wealth Report. A wealth gap between millionaires and the ultra wealthy continues to widen.
U.S Jobless Claims Rose Last Week
U.S. jobless claims rose to 225,000 last week, but the level was still within a range consistent with a healthy labor market.
Stock Futures Mixed amid Broadcom’s (AVGO) Unimpressive Results, Middle East Uncertainty
U.S. stock futures traded mixed on Thursday morning as investors assessed semiconductor company and networking solutions provider Broadcom’s ($AVGO) fiscal second-quarter results and the Middle East u...
US weekly jobless claims increase more than expected; labor market remains stable
The number of Americans filing claims for unemployment benefits increased more than expected last week, but the underlying trend remained consistent with a stable labor market.
Nasdaq 100 and S&P500: Tech Stocks Sink as Broadcom Miss Hits US Indices
Broadcom's revenue miss sparks a chip selloff, dragging Nasdaq futures lower as investors rotate from tech stocks and assess rising geopolitical risks.
Why China's Critical Minerals Strategy Leaves The US Behind
For several years, Washington has spoken loftily about critical minerals. Senior officials have rightfully framed supply chains for tungsten, lithium, cobalt, rare earth elements, and copper as centra...
Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Choppy in Premarket
US indices continue to look a little sluggish ahead of non-farm payroll tomorrow. At this point, most traders will be sitting on the sidelines, barring some kind of announcement or news.
Tech is flashing a warning sign last seen in 2020. Strategist Larry McDonald sees a massive rotation coming.
Larry McDonald warns that investors are piling into tech stocks thinking it's the “safe trade,” but should be thining about hard assets instead.
Texas power demand growth nearly five times the broader US, report says
Electricity demand in Texas grew 9% in recent months, nearly five times the U.S. average, driven by the expansion of data centers and cryptominers in the Lone Star State, according to data release...
Bob Diamond on how digitization is transforming capital markets
Bob Diamond, former Barclays CEO and the current CEO of Atlas Merchant Capital says the digitization of financial services is helping to deepen capital markets. Diamond, who is also the chairman of Hy...
Technology Sector Leads U.S. Layoff Plans
U.S.-based employers announced 97,006 job cuts in May with technology remaining the leading sector for staff reductions, according to a report from global outplacement and executive coaching firm Chal...
Wall Street futures remain mixed: 5 things to know before markets open
US stock futures were mixed on Thursday as a steep premarket drop in Broadcom dragged technology shares lower and interrupted Wall Street's record-setting run. Nasdaq 100 futures led declines, while D...
Dow claims record closing high, S&P 500 advances; chip selloff weighs on Nasdaq
Wall Street advanced on Thursday as progress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip selloff that pulled the Nasdaq lower.
Stock Market News, 6/4/26: U.S. Futures Mixed as Investors Monitor Middle East Tensions
U.S. stock futures were mixed early Thursday after rising Middle East tensions triggered a broad market selloff that ended the S&P 500 Index’s ($SPX) nine-session winning streak. Futures on the Nasdaq...
U.S. Tech Futures Slip While Oil Falls on Lebanon Ceasefire
U.S. stock futures were mostly lower in early morning European trade after a disappointing Broadcom revenue forecast helped stall the storming rally in artificial-intelligence related stocks.
Ben Domenech: At a certain point, you get fed up
Fox News contributors Ben Domenech and Joe Concha interpret initial results from California's primary elections on ‘Kudlow.' #fox #foxbusiness #media #breakingnews #us #usa #new #news #breaking #kudlo...
U.S. Stock Futures Down as Middle East Tensions Weigh on Sentiment
U.S. stock futures were down late Wednesday night following a broad market selloff, fueled by rising Middle East tensions, that brought the S&P 500 Index’s ($SPX) nine-session winning streak to…
AI Is Making the Rich Richer. So Is Wall Street.
Global wealth jumped nearly 9% to $98.3 trillion last year, led by growth in North America and Asia Pacific, according to a new report.
A Short Seller's Fraud Conviction Is Spooking Wall Street
Traders who bet on stock-price declines worry that prosecutors are equating their tactics with market manipulation.
Dollar Likely Supported by Sticky U.S. Inflation, Hawkish Fed Signals
The dollar is likely supported by sticky U.S. inflation and hawkish Fed signals on monetary policy, StoneX said.
Fed Beige Book Signals Margin Squeeze for Consumer Brands
Americans are facing growing affordability pressures, and companies are having mixed results in passing on higher costs, the Federal Reserve said in its May Beige Book released Wednesday (June 3).
Review & Preview: Down Day
Indexes fell on Wednesday as oil prices rose and Trump announced a new round of tariffs.
US FCC plans tighter rules that will help US firms in undersea internet cable market
The Federal Communications Commission said on Wednesday it plans to toughen oversight of submarine communications cables that handle 99% of international internet traffic, proposing rules that will m...
Jim Cramer warns excess supply could be the next biggest threat to the bull market
CNBC's Jim Cramer warned that a growing wave of AI-related capital raises could overwhelm investor demand and create a near-term headwind for stocks. He said investors may be selling existing winners ...
U.S. Stock Futures Slip after S&P 500’s Nine-Day Rally Snaps
U.S. stock futures were mostly down on Wednesday evening, extending the market’s pullback after a sharp selloff earlier in the day ended the S&P 500 Index’s ($SPX) nine-day winning streak.
Inflation is squeezing American consumers and the Fed's latest report shows it's getting worse
Federal Reserve Beige Book finds inflation rising at a strong pace across most districts, driven by energy costs tied to the Middle East conflict.
The 2 types of inflation the Fed can't control — and how Congress must protect your wallet
As permanent supply shocks drive up Americans' grocery and gasoline prices, lawmakers need to take a stand,
Months after the Supreme Court struck down President Trump's most sweeping global tariffs, the administration said it would levy new tariffs using a different legal mechanism
Will the administration's new attempt to impose broad tariffs stick?
Is the Fed worried about inflation as Strait of Hormuz remains closed?
Federal Reserve Bank of New York President John Williams speaks with Yahoo Finance Senior Reporter Jennifer Schonberger about the US central bank's outlook on inflation and the ripple effects of eleva...
AI Data Centers Are Driving a Battery Boom and a Stock Rally
Tech companies and utilities are rushing to build multi-acre battery installations for AI data centers and other uses.
U.S. Confronts The Hidden Risk Of Chinese Circuit Boards Fundamental To AI Chips
Printed circuit boards sit underneath nearly every chip, a quiet but crucial piece of the booming AI market. But they're also a growing problem for the U.S., because nearly all AI circuit boards, for ...
Dow drops 620 points as oil surge and Iran tensions hit stocks
US stocks closed lower on Wednesday as rising oil prices, climbing Treasury yields, and renewed tensions in the Middle East weighed on investor sentiment, ending the S&P 500's nine-session winning str...
Stock Market Today: SPX Snaps Winning Streak as Trump Prepares New Tariffs; Iran Shares Resolution Process
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) closed lower on Wednesday, with the former falling short of 10 consecutive higher closes. News That Moved the Stock Market…
Logan: Fed May Need to Hike Interest Rates This Year to Confront Inflation
Dallas Fed President Lorie Logan gave one of the most direct warnings yet from a U.S. central banker that the Federal Reserve may need to tighten monetary policy.
Iran Clashes Spook Stocks
Fresh hostilities hit stocks. Oil prices rose on Wednesday while stocks generally fell, as clashes in the Middle East picked up and the conflict showed no signs of being near a ceasefire.
Everything to Know About the New U.S. Tariffs and What They Mean for Companies
The Trump administration has been signaling it plans to rebuild its tariff policy after the Supreme Court deemed its global levies illegal.
S&P 500 Top Stock Gainers Today, 6/3/26
The S&P 500 (SPX) finished in negative territory on Wednesday, snapping a streak of nine consecutive daily closes. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector En...
Energy Costs Continue to Feed Inflation, Fed's Beige Book Shows
U.S. businesses endured another month of energy-driven price increases and economic uncertainty in the third month of the Iran conflict, according to a recent survey from the Federal Reserve.
Tech Sector Nearing 40% of SPX & Finding Balance in Portfolio Picks
Todd Sohn discusses tech's impact on the overall market, noting the sector now makes up about 40% of the S&P 500 (SPX) and is becoming a dominant part of portfolios everywhere. As a way to balance you...
Trump Proposes New Tariffs of at Least 10%
The US is proposing new tariffs of at least 10% on imports from 60 trading partners following an investigation into goods allegedly produced by forced labor, as President Donald Trump seeks to rebuild...
‘Squeezing more life out of every dollar': How inflation is forcing a new reality on American families and amplifying the economy's ‘K shape'
Inflation surged throughout the U.S. economy in late April and May, forcing Americans to try to adjust quickly to a new phase of reduced spending power, according to the Federal Reserve's latest repor...
DoubleLine's Cohen Warns of AI Bubble Coming to Credit
Robert Cohen, director of global developed credit at DoubleLine, says artificial intelligence debt will almost certainly reach bubble levels during a panel at the Bloomberg Global Credit Forum in New ...
Consumer Spending Edges Higher Despite Elevated Gas Prices, Says Fed’s Beige Book
Consumer spending has remained resilient in light of surging oil and gas prices, according to the Fed’s May Beige Book released on Wednesday. Energy costs have rose in recent months…
Ray Dalio on US Debt, AI Bubble, Bond Markets
Bridgewater Associates Founder Ray Dalio says the debt burden has passed a "point of no return." He speaks with Bloomberg's Dani Burger at the Forbes Iconoclast Summit in New York City about the bond ...
Fed Beige Book Shows Steady Employment, Higher Inflation
Most Fed districts reported higher inflation than in the previous report, driven primarily by the impact of the war in the Middle East on energy prices, according to the US central bank's Beige Book s...
Historic stock rally faces key test
Two key tech companies reporting earnings after the bell could determine the next move higher or lower.
Nasdaq Index: Tech Stocks Slide as Oil and Bond Yields Climb
Rising oil prices, higher Treasury yields and weak tech stocks pressure the Nasdaq and broader U.S. stock market as traders reassess rate cuts.
Trump administration plans new tariffs on 60 trading partners over forced labor import enforcement failures
Trump administration plans tariffs of 10% or 12.5% on 60 trading partners found neglecting forced labor import bans, says Ambassador Jamieson Greer.
Fed’s Williams Says Interest Rates are ‘Exactly in the Right Place’
New York Federal Reserve President John Williams believes that interest rates are appropriately positioned and views rising energy prices from the U.S.-Iran war and the closure of the Strait of…
Trump Administration Turns to a New Rationale to Justify Old Tariffs
The administration has settled on a more legally and politically durable way to impose tariffs, but some say the focus on forced labor is merely a pretext for protectionism.
Beyond Nvidia: The next wave of AI infrastructure
Everyone is focused on Nvidia, but the next phase of AI may be much bigger. In this episode of Trader Talk, Kenny Polcari sits down with David Miller of Catalyst Funds and Sean O'Hara of PacerETFs to ...
May hedge fund returns: Steve Cohen's Point72 leads the way among the industry's biggest names
Steve Cohen's $50.7 billion Point72 continued its strong 2026 in May. Big-name managers, including Millennium and Balyasny, mostly performed well in May.
Balancing Earnings Surprise "Shock" with Risk Tolerance in "Casino-Like" Moves
@CharlesSchwab's Liz Ann Sonders notes the earnings surprise and following rallies in tech stocks comes in conflict with concentration risk. That said, she believes bulls still hold the reins of mar...
Trump amends steel, aluminum, and copper tariffs, offering farmers some relief
President Donald Trump on Monday adjusted tariffs on some steel, aluminum, and copper imports, lowering some tariffs on farming equipment and extending the lower rate to other equipment.
Trump Administration Fights Court Order to Refund Some Tariffs
The administration has paid back some of the money, but has signaled it may make it harder for certain businesses to claim some of the billions owed.
Opinion | The Market Has Spoken: E15 Is a Net Positive
We know securing nationwide, year-round access will lower prices at the pump.
Leveraged ETF assets double in two months as investors press AI bet
Investors turn to ETFs linked to AI and Tech, with exposures in the U.S. and Korea/Taiwan doubling in just two months
Sellers are pulling homes off the market at the fastest pace since 2020
Nationwide, 5.8% of all home listings were pulled off the market in April, according to Redfin. Delistings were up 3.8% compared with March.
US crude stocks fall on strong export, refining demand, EIA says, as U.S.-Israel war on Iran continues
U.S. crude stocks fell on strong export and refining demand as the U.S.-Israel war on Iran entered its fourth month, while gasoline and distillate inventories rose last week, the Energy Information A...
US factory orders post biggest gain in 11 months in April
New orders for U.S. factory goods posted their biggest increase in nearly a year in April amid strong demand for commercial aircraft and a range of other goods.
Iran conflict hasn't slowed the economy, but rising inflation coaxes business to freeze hiring
The largest part of the economy grew faster in May even as businesses had to cope with the worst inflation in several years, but it came at a cost to jobseekers. Many companies have adopted temporary ...
U.S. Services-Sector Activity Continued to Expand in May
The Institute for Supply Management's purchasing managers index for services providers was 54.5 compared with 53.6 in April.
What Wall Street is watching in terms of what Washington needs to get done this summer
Veda Partners' Henrietta Treyz and CNBC's Emily Wilkins discuss the big items Congress has on its agenda, including a potential war powers resolution, and the small amount of time lawmakers have to ge...
Treasury Yields Rise as ADP Jobs Data Beats Forecast
Treasurys sold off, sending yields higher, as the Middle East conflict escalated and the U.S. job market strengthened.
ADP Says Private-Sector Hiring Stayed Strong Last Month
Private companies added a net 122,000 jobs in May, ADP said, compared with 105,000 additions in April and economists expectations of 110,000 new jobs.
Small Businesses Boosted Private Sector Employment Last Month—These Industries Added The Most Jobs
Small businesses once again accounted for most of the private sector's stronger-than-expected growth last month, according to a report from the payroll processing firm ADP, as further data points to a...