The United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a healthy clip before government shutdown. But the details of the report from the Bureau of Labor Statistics paint a more mixed picture, that of a labor market that…
U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there is still plenty of room to run in the artificial intelligence boom that has powered markets higher for much of the year. Prior to the opening bell, bets…
Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it is shedding its original identity as a strictly down-market brick-and-mortar operation by growing its e-commerce business and increasing its market…
Markets were mixed today as global data and policy shifts shaped sentiment. In the US, job growth surprised to the upside, but rising unemployment and AI-driven labor disruptions kept caution in play.Asia delivered some of the biggest moves: China and India edged closer to complying with US sanctions on Russian…
Exact Sciences (NASDAQ: EXAS) rallied nearly 20% on November 20 after Abbott Laboratories (NYSE: ABT) announced a $21 billion all-cash deal to acquire the molecular diagnostics company.The transaction that values EXAS shares at $105 each gives ABT a foothold in the rapidly growing cancer diagnostics market through Exact’s flagship products…
Asian semiconductor stocks faced sharp declines on Friday after Nvidia’s unexpected drop on Wall Street triggered a broad sector-wide pullback, despite the US chip designer posting stronger-than-expected earnings and offering an upbeat outlook. The retreat was led by steep losses in Japan’s SoftBank, which fell more than 10% in Tokyo…
Japan’s cabinet on Friday approved a sweeping ¥21.3 trillion ($135.5 billion) stimulus package aimed at bolstering economic growth, easing the burden of rising living costs, and strengthening the country’s defense and diplomatic capabilities. The measures mark the first major policy initiative under Prime Minister Sanae Takaichi, who took office seven…
Global economic developments unfolded across multiple regions on Friday, with US banks altering their support strategy for Argentina, Japan unveiling a sweeping stimulus package, OpenAI expanding its AI infrastructure footprint through a new partnership with Foxconn, and Singapore raising its 2025 economic outlook on stronger-than-expected growth. US banks scale back…
India’s economic activity showed early signs of cooling in November as global trade tensions began to filter into domestic performance, according to flash data from HSBC Holdings Plc. The slowdown reflects how tariff related disruptions in the US are feeding into India’s manufacturing and export environment at a sensitive moment…
Physical gold demand across major Asian markets remained notably weak this week, a direct consequence of pronounced volatility in international gold prices. This instability created a climate of uncertainty that deterred potential buyers, who opted to postpone significant purchases in anticipation of a clearer price direction. Specifically, the sharp fluctuations in spot…