by Super Admin - 1 day ago
A public health alert has been issued for ready-to-eat or RTE beef jerky products by the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The warning is given due to misbranding and the presence of undeclared anchovies, a...
by Super Admin - 1 day ago
Asian stocks ended mixed on Monday, with Chinese and Hong Kong markets gaining ground on growth optimism, while markets elsewhere fell amid climbing coronavirus cases and worries about worsening U.S.-China relations.
by Super Admin - 1 day ago
China's economy gained further momentum towards the end of 2020 as the domestic activity continued to recover from the Covid-19 driven downturn. Gross domestic product climbed 6.5 percent on year in the fourth quarter of 2020, the National Bureau of...
by Super Admin - 1 day ago
European stocks may open lower on Monday, with surging coronavirus cases, worsening U.S.-China tensions and China data likely to be in focus.
by Super Admin - 4 days ago
After moving sharply lower early in the session, stocks regained some ground over the course of the trading day on Friday but remained firmly in negative territory. With the drop, the Dow and the Nasdaq pulled back further off the record intraday hig...
by Super Admin - 4 days ago
After moving sharply lower early in the session, stocks have regained some ground over the course of the trading day on Friday. The major averages have climbed well off their worst levels of the day but remain firmly in negative territory.
by Super Admin - 4 days ago
Business inventories in the U.S. increased in line with economist estimates in the month of November, according to a report released by the Commerce Department on Friday. The report said business inventories rose by 0.5 percent in November after clim...
by Super Admin - 4 days ago
Stocks have moved sharply lower over the course of morning trading on Friday, extending the pullback seen late in the previous session. With the drop, the Dow and the Nasdaq are pulling back further off the record intraday highs set in early trading...
by Super Admin - 4 days ago
Preliminary data released by the University of Michigan on Friday showed a modest deterioration in U.S. consumer sentiment in the month of January. The report said the consumer sentiment index dipped to 79.2 in January after jumping to 80.7 in Decemb...
by Super Admin - 4 days ago
The Federal Reserve released a report on Friday showing U.S. industrial production jumped by much more than expected in the month of December. The Fed said industrial production surged up by 1.6 percent in December after climbing by an upwardly revis...
by Super Admin - 4 days ago
President-elect Joe Biden unveiled a $1.9 trillion economic stimulus package proposal to lift the U.S. economy as well as its people, badly hit by the coronavirus pandemic. The relief proposal includes $1 trillion in direct relief to households, $415...
by Super Admin - 4 days ago
Activity in the New York manufacturing sector unexpectedly grew at a slower pace in the month of January, the Federal Reserve Bank of New York revealed in a report released on Friday.
by Super Admin - 4 days ago
A report released by the Labor Department on Friday showed U.S. producer prices increased by slightly less than expected in the month of December. The Labor Department said its producer price index for final demand rose by 0.3 percent in December aft...
by Super Admin - 4 days ago
Retail sales in the U.S. continued to decline in the month of December, according to a report released by the Commerce Department on Friday. The Commerce Department said retail sales fell by 0.7 percent in December after tumbling by a revised 1.4 per...
by Super Admin - 4 days ago
Billionaire Michael Novogratz's crypto financial services firm Galaxy Digital is set to foray into Bitcoin (BTC) mining after launching a new business unit named Galaxy Digital Mining later in 2021. The new unit will comprise of two activities - a on...