Economy

Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings 0
- Economy
- February 7, 2023
U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular session lower as rising yields put pressure on risk-sensitive assets ahead of key speeches set to be delivered by Federal Reserve officials later in Tuesday’s session. By 18:30 ET (23:30 GMT) Dow Jones futures, S&P
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Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll 0
- Economy
- February 6, 2023
Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the COVID situation in China impacting tech demand, according to a Reuters poll. Taiwan, a global hub for chip production and a key supplier to Apple Inc (NASDAQ:AAPL),
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China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey 0
- Economy
- February 3, 2023
Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-COVID protocols, with a survey by a leading recruiter showing a surge in job openings in the hospitality industry. During the first six days of work after China’s Lunar New Year holiday, job openings in the
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Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%0
- Economy
- February 3, 2023
U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET (11:40pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.6% and Nasdaq 100 Futures were down 1.2%. In extended deals, Apple (NASDAQ:AAPL)
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Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales 0
- Economy
- February 2, 2023
Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook (NASDAQ:META), which has fallen on hard times amid a broad post-pandemic slump in digital ads, is focused on improving
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ECB To Raise Rates Again And Face Questions About Future Path 0
- Economy
- February 2, 2023
The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be. The ECB has been increasing rates at a record pace to fight a sudden bout of high inflation in the euro
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