Tag: US economy

U.S. Treasury Secretary Janet Yellen confirmed on Monday that she has not seen any evidence of a U.S. economic downturn. Still, she warned that economic momentum remains reliant on the government's ability to pass legislation to support the world's biggest economy. "I don't see any signs...

The US dollar skyrocketed to a five-month high on Tuesday as strong US economic data raised bets that the Federal Reserve will need to keep interest rates elevated for longer. Weaker economic data from China and Europe has also raised investor sentiment for the...

Japanese stocks rose on Monday morning as investors became more confident that the US economy is more likely to avoid an impending recession. The Nikkei 225 was up 0.7%, reaching a one-month high, while the Topix advanced 1.02% to 2,368.29, its highest level in the...

Persistent U.S. economic growth, while other parts of the world remain stagnant, is threatening to pose a global risk if it pressures the Federal Reserve to implement further interest rate hikes in an effort to cool inflation. Although U.S. inflation has fallen and policymakers...

New York Times Co announced on Tuesday its revenue forecast for the third quarter. The news outlet expects its advertising revenue to remain flat compared to the current quarter, while Wall Street analysts are forecasting a 4.1% drop. The company is looking to expand its...

The US economy is expected to show signs of further strengthening in next week's jobs report, due to be released on Friday. The report is expected to show solid labor demand after an encouraging first six months of the year. Markets are betting that Friday's...