Stock Market News
US Economic Data - Pound US Dollar Exchange Rate Slips
The Pound US Dollar (GBP/USD) exchange rate fell on Tuesday as a souring market mood drove investors to the safe-haven US Dollar (USD). At the time of writing, GBP/USD traded around $1.2211, down from ...
U.S. Treasury yields move higher ahead of new economic data
U.S. government debt prices traded lower but investors are still monitoring geopolitical tensions between the U.S. and China.
US stocks were lower on weak economic data, Asian markets are set to open lower
The weak economic data sparked demand concerns in the commodity markets, with oil prices plunging 5% and copper down 1.23%. The growing odds for a Fed pivot dipped bond yields further and sent the USD ...
Is the US Economy in Recession? Here Are Eight Offbeat Indicators to Watch
Technically, the call is made by a panel of experts looking at monthly indicators of employment, consumer spending, personal income and manufacturing, among others. But with inflation at a four-decade ...
Study of Facebook friendships explores how economic mobility works in the US
A research team led by Harvard economist Raj Chetty published the results today across two papers in the journal Nature, exploring how social connections lead to economic opportunity. The researchers ...
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