Nvidia will release earnings tonight after the market close. (Photo by Jakub Porzycki/NurPhoto via … [+] Getty Images) NurPhoto via Getty Images Key Takeaways Nasdaq Leads Gains, Up 1%, With Retail Earnings Driving Market Sentiment Target’s Miss And Walmart’s Strength Highlight Shifting Consumer Behavior Trends Nvidia Earnings And Bitcoin ETF Options Dominate Today’s Market Focus…
With the slow pace of economic recovery still weighing heavily on society, adjustments in public utility charges may yet be another burden for the public if they are not carefully taken into consideration. Officials should always ensure increases are reasonable and justified. Passengers are set to dig deeper into their pockets after three local bus…
As the economic calendar is fairly light in the week ahead, the major focus of the market participants on Wall Street will be on earnings reports from big names such as chip giant Nvidia Corp, retail heavyweights Walmart Inc and Target Corp. Nvidia, the world’s most valued company by market capitalization will declare its third…
President-elect Donald Trump and Argentina’s President Javier Milei at Mar-a-Lago on November 14, 2024 Courtesy presidential office of Argentina Self-described anarcho-capitalist President Javier Milei of Argentina became the first foreign leader to visit President-elect Donald Trump since he won a second term, arriving in Florida Thursday to attend a gala dinner at Trump’s Mar-a-Lago resort,…
Global stock markets faced a downturn for the third straight session on Thursday, as recent U.S. economic data depicted a steady labor market while highlighting challenges in controlling inflation. The Labor Department reported a decline in initial unemployment claims, coming in below economists’ expectations at 217,000 for the last week. Inflation concerns mounted with…
WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. Powell, speaking in Dallas, said that inflation is edging…
Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said in remarks for a speech…
Jerome Powell, chairman of the US Federal Reserve, speaks during a conversation on the economic outlook at Music Hall at Fair Park in Dallas, Texas, US, on Thursday, Nov. 14, 2024. Shelby Tauber | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors…
Indexes slipped Thursday as traders focused on remarks from Fed Chair Jerome Powell. Powell said the Fed is in no hurry to cut rates, and reiterated the strength of the US economy. Traders also digested wholesale inflation data, which was in line with expectations. Thanks for signing up! Access your favorite topics in a personalized…
BANGKOK (AP) — Shares rose in European trading after a retreat in Asia on Thursday following a report showing inflation in the U.S. was roughly as expected last month. Germany’s DAX surged 1.2% to 19,223.90 and the CAC 40 in Paris advanced 0.8% to 7,274.79. Britain’s FTSE 100 edged 0.1% higher, to 8,042.07. The futures…