economic performance
- Stock Market
Home prices rise, squeezed by fewer listings, Case-Shiller index finds
The numbers: Home prices rose in March as home sellers held out on listing their homes, constraining supply. Despite elevated…
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Nvidia stock soars more than 20% toward all-time high as AI push leads executives to predict record revenue
Nvidia Corp. executives predicted record revenue well beyond anything the company has experienced Wednesday, pushing shares toward all-time highs, as…
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‘Don’t kiss your dollars goodbye just yet’: IMF chief sees U.S. dollar remaining global reserve currency
“‘Don’t kiss your dollars goodbye just yet.’” — Kristalina Georgieva, managing director, International Monetary Fund Don’t count International Monetary Fund…
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The backdrop for stocks is as muddy as ever — and that’s great news, says this banking giant
Look around and that long awaited recession just hasn’t come, not in the U.S., and not many other places either,…
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New home sales rise as buyers run out of options in the resale market
The numbers: An ongoing and persistent lack of homes in the resale market is pushing more home buyers into new…
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U.S. economy grew faster in May, S&P finds, led by strong demand for services
The numbers: The biggest part of the U.S. economy sped up in May, S&P Global surveys showed, but manufacturers lagged…
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The U.S. economy might still be too strong for its own good
The economy is slowing all right, but oddly, it might still be too strong to get inflation to fall much…
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U.S. jobless claims fall sharply to 242,000 as Massachusetts battles to reduce fraud
The numbers: The number of Americans who applied for unemployment benefits in mid-May sank to 242,000, aided by efforts in…
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Paul Tudor Jones says stocks likely to finish 2023 higher because Fed is done hiking rates
Hedge-fund titan Paul Tudor Jones believes the Federal Reserve has delivered its last interest-rate hike for the cycle, which should…
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Jobless claims climb to 245,000, signaling slight cooling in hot labor market
The numbers: The number of Americans who applied for unemployment benefits last week rose by 5,000 to 245,000, pointing to…
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