SELECT LANGUAGE BELOW

Dow jumps over 400 points to hit another all-time high

The Dow Jones Industrial Average closed at a record high on Thursday in mixed trading after strong U.S. economic data, while artificial intelligence (AI) chipmaker Nvidia fell after its earnings forecast was broadly in line with expectations but failed to impress investors. The Dow Jones Industrial Average rose 243.63 points, or 0.6 percent, to 41,335.05 […]

Record High – Harris-Biden Create ‘Most Unaffordable Housing Market in History’

Home prices, and the American Dream, are “more unaffordable than ever,” according to the latest data. “Home prices hit a record high in June, even as the housing shortage continues and rising mortgage rates have put housing out of reach for millions of Americans.” Reports Fox Business. The report further states that “nationwide prices rose […]

401(k) millionaires reaches record high: Fidelity

The number of 401(k) accounts with assets of more than $1 million hit an all-time high in the second quarter of 2024. analysis Fidelity Investments. There were about 497,000 so-called 401(k) “millionaires” last quarter, up 2.5 percent from 485,000 in the first quarter, according to a Fidelity analysis of 24 million 401(k) accounts across 26,000 […]

Consumer confidence reaches six-month high, but labor market worries rise

Claman Countdown panelists Scott Redler and Michael Landsberg weigh in on the possibility of a recession. We Consumer Confidence Although Americans are growing increasingly worried about the labor market after last month's rise in the unemployment rate, rising optimism about the economy helped push the unemployment rate to its highest level in six months in […]