Economy
- U.S. News
Retail sales unexpectedly rise in September as consumers keep spending
Consumers spent at a much faster pace than expected in September, defying expectations for a pullback amid pervasive supply chain…
Read More » - Canada
Canada’s oil demand will fall by 2030, IEA report forecasts – National | Globalnews.ca
Environment groups in Canada say governments and the oil and gas industry can no longer pretend there is an economic…
Read More » - Finance
Fed’s Barkin backs tapering plans and expresses concern about inflation
Richmond Federal Reserve President Thomas Barkin said Friday he’s on board with reducing the amount of economic help the central…
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Stocks making the biggest moves premarket: Moderna, Virgin Galactic, Truist and more
Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna added 3.2% in premarket trading after rising…
Read More » - News
China risks making ‘big mistakes’ with widespread crackdown, says ex-IMF chief economist
China risks making “big mistakes” as it cracks down on large swathes of its economy from technology, to private tutoring…
Read More » - News
China’s record factory inflation poses another threat to supply chains
The producer price index — which measures the cost of goods sold to businesses — soared 10.7% in September from…
Read More » - Finance
Stock futures are flat after S&P has best day since March on strong earnings
U.S. stock index futures were little changed during overnight trading on Thursday, after the S&P 500 posted its best day…
Read More » - Finance
More than a third of jobless Americans are still long-term unemployed — and without benefits
People receive information as they attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. PATRICK…
Read More » - Finance
Stocks making the biggest moves premarket: UnitedHealth, Wells Fargo, Walgreens and more
Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the…
Read More » - News
Jobless claims fall below 300,000 for the first time since the pandemic began
Initial jobless claims fell below 300,000 for the first time since the early days of the Covid-19 pandemic, the Labor…
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