Author: Elaine Kurtenbach
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Energy prices soar to levels not seen in years as Iran names new supreme leader and digs in
Oil prices spiked near $120 per barrel before falling back Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets. The price for a barrel of Brent crude, the international standard, surged to $119.50 per barrel early in the day but later was trading near $106 per…
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Wall Street in a holding pattern as a wild 2025 winds down
Wall Street is largely unchanged early Tuesday as trading for 2025 nudges closer to the finish line. Gold, silver and copper all resumed their ascent after steep declines Monday. Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq were all down less than 0.1% before the bell. Gold futures gained 1.7% early Tuesday…
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Wall Street dips as more earnings are reported ahead of SCOTUS hearing on Trump’s tariffs
Technology stocks were dragging Wall Street modestly lower as markets take in another big batch of corporate earnings Wednesday while waiting for the Supreme Court to decide on the legality of President Donald Trump’s unilaterally imposed tariffs. Futures for the S&P 500 slipped 0.1%, while futures for the Dow Jones Industrial Average were flat. Futures…
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China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories
Top Chinese financial officials have outlined details of the ruling Communist Party’s plans for the year, saying a 5% target for economic growth is within reach after a strong start to the year
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China’s plans for 2024 prioritize technology, offer scant comfort for businesses and investors
China’s blueprint for its economy in 2024 is replete with goals and promises, but it’s also notable for not spelling out specific moves to attain long-promised reforms that foreign businesses and investors have been hoping for
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China sets an economic growth target of around 5% but acknowledges it will not be easy to achieve
Premier Li Qiang says China aims to achieve 5% economic growth this year but acknowledges it will be a challenging goal in difficult times
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Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Shares are mixed in Asia after China’s premier said the country’s target for economic growth this year is around 5%, in line with expectations
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China in a surprise announcement says it is eliminating annual news conference by premier
The Chinese government says it is eliminating an annual news conference by the premier that was one of the only times a top Chinese leader took questions from the news media
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Stock market today: World shares follow Wall Street higher as Japan’s Nikkei nears a record high
Shares in Europe and Asia have advanced, with Japan’s benchmark Nikkei 225 index coming close to its record set 35 year ago
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Stock market today: Asian shares track Wall Street rally as Japan’s Nikkei nears a record high
Shares in Asia are higher, with Japan’s benchmark Nikkei 225 index approaching a record high