Global stocks tumble after Wall Street drops on worries about the economy
Global stocks plummeted on Wednesday as Wall Street suffered its worst day since early August, with major player Nvidia falling 9.5% and leading a global sell-off in semiconductor stocks. France's CAC 40 was down 0.8% at 7,513.31 at the open, while Germany's DAX was down 0.8% to 18,607.62. Britain's FTSE 100 also fell 0.8% to […]
Harris campaign ‘internal worries about cohesiveness’ surface: report
Kamala Harris' presidential campaign is reportedly rife with “internal concerns about cohesion” as loyalists to the vice president and former staffers from former President Barack Obama come together to form a “sometimes unwieldy” team working on what was until recently President Biden's reelection campaign. While Mike Donilon, the architect of Biden's campaign messaging, has returned […]
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 […]
Asian stocks slide as geopolitical worries sap confidence – Yahoo Finance UK
By Ian Withers LONDON (Reuters) – Gold prices just missed their record highs and crude oil prices were flat on Tuesday after surging last week as investors sought safety amid geopolitical risks and looked ahead to Nvidia earnings and U.S. inflation data later this week. European shares were modestly higher at the open after Japan's […]
Stock market today: Dow soars 555 points as strong economic data calms recession worries – Markets Insider
Stock indexes recorded big gains on Thursday, with the Dow Jones Industrial Average rising 555 points as investors digested new strong data. Newly released data showed retail sales rose 1% in July, beating analysts’ expectations of a 0.3% increase. The number of unemployment insurance claims filed last week was 227,000, down 7,000 from the previous […]
Poll finds rebound for Democrats on economics after Biden steps down, but pollster warns ‘their worries aren’t over’
A new poll shows Democrats are regaining support for their economic policies in the presidential election, but a majority of Americans want Kamala Harris to reject her predecessor’s economic policies. The survey carried out A poll conducted by the University of Michigan Ross School of Business for the Financial Times found that Americans trust Democratic […]
Holland Taylor Reveals She ‘Worries’ About ‘Big Generational Difference’ With Her Partner
Famed actress Holland Taylor is 81 years old, but she has admitted that the age gap between her and her 49-year-old boyfriend sometimes worries her. Taylor, who is known for his role in “Two and a Half Men,” has been rumored to be romantically linked to Sarah Paulson since 2015, and they remain on good […]
Wholesale Inventories Rose in June, Soothing Recession Worries
U.S. wholesale inventories rose in June, driven by a second consecutive month of strong growth in auto and truck inventories. The Commerce Department said Thursday that wholesale inventories rose 0.2%, in line with economists’ expectations and the government’s preliminary estimate. Inventories increased 0.5% in May. Year-over-year wholesale inventories increased 0.1%. The economy grew at an […]
Harris Campaign Worries ‘A**hole’ Pennsylvanians Are Unhappy About Walz Pick
Vice President Kamala Harris’ campaign is reportedly concerned that “bastard” Pennsylvanians are expressing dissatisfaction with the selection of Governor Tim Walz (D-Minn.) over Governor Josh Shapiro (D-Pennsylvania) as her running mate. Shortly after it became clear that Waltz would be chosen over Shapiro and the other finalists, Philadelphia Inquirer National political reporter Julia Terzo spoke […]
Dow tumbles over 500 points on worries about slowing economy
Wall Street stocks fell Thursday along with bond yields after further signs suggested U.S. economic growth was slowing. The Dow Jones Industrial Average fell 555 points, or 1.4 percent, to 40,287, while the Nasdaq lost 1.7 percent. The S&P 500 fell 1.1% as weak U.S. manufacturing data erased a 0.8% morning gain. The Dow Jones […]