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Economic data: MBA mortgage applications (+2.3% previously); S&P Global US services PMI, August final (51 previously); S&P Global US composite PMI, August final (50.4 previously); ISM Services PMI ...
Business and economy Proposed acquisition of Albertsons by Kroger American grocery store company Albertsons of Boise , Idaho backs out of a $ 24.6 billion merger deal between Cincinnati -based grocer Kroger and files a lawsuit against them that includes a $600 million termination fee.
The markets remained surprisingly calm last week, despite worse than expected U.S. economic data releases. The third-quarter earnings season along with Brexit play may have overweighed the data ...
In a research note released to reporters on Monday, BofA's economics team led by Claudio Irigoyen projected the US economy will grow at an annualized rate of 2.4% in 2025, higher than current ...
An economic calendar not only lists daily events, but the volatility levels attached to them. A volatility level refers to the likelihood that a specific event will impact the markets. Economic calendars usually have a three-scale volatility gauge. If an event has a level one volatility, it is not expected to significantly affect the markets.
By June 2020, the slump in US continental flights due to the coronavirus pandemic had resulted in the US government temporarily halting service of fifteen US airlines to 75 domestic airports. [129] The New York Times reported on June 10, 2020, that "the United States budget deficit grew to a record $1.88 trillion for the first eight months of ...
The Dow Jones Industrial Average fell 257 points, or 0.6%, while the Nasdaq composite slipped 0.3%. Intel fell 2.9%, and chemical producer Dow sank 2.1% in their first trading since getting ...
January 4 – Government data reveals that the U.S. economy added 312,000 jobs in December, far ahead of predictions of 177,000, and that manufacturing ended 2018 with the most jobs added in one year since 1997. [6] January 8 – In a televised address to the nation, President Donald Trump makes the case for his proposed border wall. [7]
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