Indicators that investors use to gauge the health of the U.S. stock market have taken a turn for the worse, fueling worries that the benchmark index may revisit its mid-June bear market low.
It was smiles all around as the familiar Wall Street ritual—the ringing of the closing bell—played out again at the New York Stock Exchange on Aug. 10.
Paul Pelosi, the husband of House Speaker Nancy Pelosi (D-CA), cut his losses in software company Nvidia before the United States placed new restrictions on computer chip sales to China and Russia.
The unemployment rate increased to 3.7% in August 2022 even as more Americans returned to work, according to a Friday release from the Bureau of Labor Statistics.
The U.S. economy had far more vacant jobs at the end of July than economists expected, indicating that the Federal Reserve’s interest rate increases have not yet cooled the labor market.
Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation
Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...
