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Consumer Confidence Unexpectedly Slumps To Lowest Level In Nearly Two Years

Consumer confidence has declined over the past three months, even as the Biden administration tries to convince Americans that the economy is improving. The Conference Board’s Consumer Confidence Index fell to 97 in April from 103.1 in March, according to data released Tuesday. This is the third consecutive month of decline and the lowest figure […]

US dollar slumps on rising unemployment and weaker wage growth – ForexLive

The US dollar is at its lowest this week following the release of February non-farm payrolls numbers. The headline numbers were strong at +275K compared to +200K, but there were some soft details underneath. First, his two previous reports were revised downward by a total of 167,000 jobs, making total payrolls lower than expected. The […]

Fisker slumps as cash warning sends investors ‘running for cover’

Copenhagen Consensus Chairman Björn Lomborg talks about promoting electric vehicles and its huge impact on the US Shares of cash-strapped Fisker fell nearly 47% on Friday after the company warned of continued concern risks, layoffs and a pause on investments in future projects until it secures a partnership with a manufacturer. did. The company warned […]

Meta reveals dividend plans, Apple slumps in China, Amazon soars as tech earnings hit

Meta announced its first-ever dividend plan, Amazon reported strong earnings, while Apple reported a sales slowdown in its key Chinese market as three major tech stocks reported quarterly results on Thursday. Big tech companies, three of the so-called Magnificent Seven, have been driving the market’s resurgence, but optimism has cooled in recent days as layoffs […]

Rangers dumping veteran Nick Bonino as team slumps

The struggling Rangers took steps Thursday to reorganize their veteran forward corps, placing fourth-line center Nick Bonino on waivers. The 35-year-old Bonino, who has played in 868 NHL games, including three years with the Predators under current Rangers coach Peter Laviolette, signed a one-year deal worth $800,000 as a free agent in July. is. However, […]