Wall Street’s fear gauge surges as global market selloff deepens
Weak jobs report sends stocks plummeting on recession fears. Adam Turnquist, chief technology strategist at LPL Financial, explains more. Wall Street’s fear index surged to its highest level in more than four years early Monday amid a global market sell-off. The Cboe Volatility Index, or VIX, a gauge of investor fear, surged 172% to 62.27 […]
U.S. Economy Added Just 114,000 Jobs in July, Unemployment Surges
The Labor Department said Friday that U.S. employers added 114,000 workers in July, helping push the unemployment rate up to 4.3%. Economists had expected 180,000 jobs and an unemployment rate of 4.1%. Disappointing employment growth and a sharp rise in the unemployment rate suggest the economy may be heading toward a recession. The unemployment rate […]
Tucker Carlson Show Surges Past Joe Rogan, Becomes Most Popular Podcast In America
The Tucker Carlson Show leapt into the top spot on Spotify’s USA podcast charts, passing the massively popular Joe Rogan Experience on Thursday. The podcast, which Daily Caller co-founder Tucker Carlson started in December after Fox News dismissed him last April, gained the top spot Thursday after trailing Rogan the previous day. The podcast has […]
GDP surges by 2.8%, giving hope for rate cuts in September
GDP is growing at 2.8% annually, which indicates that the economy is doing well. (iStock ) The pleasant surprise was that gross domestic product (GDP) grew 2.8% year-on-year in the second quarter. Advance quote This is good news for the overall economic outlook, as a GDP growth of between 2% and 3% indicates the U.S. […]
Dow surges more than 700 points as the stock market gears up for rate cuts – CNN
Spencer Pratt/Getty Images Economic data has also been surprisingly strong, even as interest rates remain at 23-year highs. new york CNN — There’s a clear shift in mood on Wall Street. Strong corporate earnings have driven stocks to repeatedly hit record highs in 2024, even as persistent inflation has forced investors to lower their estimates […]
Dow surges nearly 500 points as Wall Street rebounds after tech rout
The S&P 500 and Nasdaq Composite Indexes fell on Thursday in choppy trading, but ultimately failed to regain ground lost the previous day in a sell-off in tech stocks. The Dow Jones Industrial Average surged 500 points, boosted by better-than-expected GDP data, to close at 39,935.07, up 81.20 points, or 0.2%, while the Nasdaq fell […]
Dengue surges in UAE after record-breaking rainfall leaves ideal conditions for mosquitoes
Dengue fever is rapidly increasing around the world: the World Health Organization declared it a national emergency in December after a tenfold increase in cases over the past generation. The United Arab Emirates has issued multiple warnings about dengue fever, a mosquito-borne disease that has become widespread in the UAE after record rainfall there. The […]
Billy Horschel steals the show at British Open, surges to top of the leaderboard in harsh conditions
Heavy rain and wind could not slow American golfer Billy Horschel down, as he led by one stroke. British Open He shot a 2-under 69 in Saturday’s final at Royal Troon. 8 times PGA TOUR The winner will be looking for his or her first major victory, and with a four-under par score after three […]
Rape surges 11% in NYC
Rape cases in New York have jumped 11% this year, with incidents more than doubling in some parts of the city. According to New York Police Department statistics, there were 880 reported rapes in the city between Jan. 1 and July 14, up from 796 during the same period last year. “This should be a […]
Producer Inflation Surges Much Higher Than Expected
Government data released on Friday showed the producer price index (PPI) rose 0.2% last month, double the rate of increase economists had expected. Prices for the previous month were revised upwards, erasing what had been shown to be a slight decline. The revised producer price index for May showed prices were flat for the month, […]