Tag Archives: economic indicators

[ad_1] New York CNN  —  The good vibes on Wall Street are fading fast: US stocks tumbled yet again Friday as investors come to grips with a souring economy. The Dow fell 200 points, or 0.6%. The S&P 500 was down 0.5%, and the Nasdaq Composite was unchanged. CNN Business’ …

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  Weaker-than-expected retail sales in November pummeled market sentiment …

[ad_1] Minneapolis CNN  —  US retail sales fell sharply at the start of the holiday shopping season, dropping by 0.6% during the month of November, according to data released Thursday by the Commerce Department. Pullbacks in auto sales helped drive the decline — the largest monthly decrease seen all year …

[ad_1] New York CNN  —  Anya Remy is Christmas shopping for her family on a stricter budget than ever before. Remy, a human resources professional in Maryland, has felt the pain of high inflation in recent months. So, she asked her kids to cut down their Christmas lists and has …

[ad_1] New York CNN  —  Another key inflation measure shows price pressures cooled off last month, a hopeful sign that American consumers may soon see the end of decades-high price hikes. The Producer Price Index, which measures prices paid for goods and services by businesses before they reach consumers, rose …

[ad_1] London CNN Business  —  The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most imports comes into force. News of the deal, which had needed approval from holdout Poland, was confirmed on Twitter by the president …

[ad_1] New York CNN Business  —  The US economy grew much faster than expected in the third quarter, according to the latest gross domestic product report, which showed GDP rose by an annualized rate of 2.9%. That’s an improvement from the initial government reading in October that showed 2.6% growth …

[ad_1] New York CNN Business  —  Most of 2022 has been pretty dismal for investors, and Monday was no exception: The Dow fell about 500 points, or 1.5%, Monday. Still, the stock market remains in the midst of one heck of a fourth-quarter rally. The Dow enjoyed its best month …

[ad_1] Hong Kong CNN Business  —  China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment. Hong Kong’s Hang Seng (HSI) Index fell as much as 4.2% in early trading. It was last …

[ad_1] CNN  —  At least one person was killed and five people were wounded in a shooting after a “dispute occurred that escalated to gunfire” near Atlanta’s Atlantic Station retail district Saturday night, according to police.  At around 8 p.m., a “group of juveniles” were escorted off Atlantic Station property …