U.S. markets roared on Friday after a better-than-expected employment report for November. The Labor Department reported that the economy created 266,000 jobs, lowering unemployment rates to 3.5%, a 50-year...
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The Dow Jones Industrial Average skidded by 230 points on Thursday after trade tensions between the U.S. and China resurfaced on doubts about a trade deal being reached. The...
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Gold Prices Advance on China’s Counter-Tariffs
Gold prices advanced on Friday following China’s USD 75 Billion counter-tariff in retaliation to the U.S. import tariff on September 1 and December 15. In addition, China also said...
Claims for state unemployment benefits fell to 12,000, reaching a total 209,000 for the week ended August 17th, the Labor Department announced on Thursday. Economic specialists ate Reuters predicted...
The Dow Jones Industrial Average gained as much 280 points on Wednesday following the release of the Federal Reserve’s meeting minutes from July 30 to July 31. The minutes...
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Dow Jones Tumbles Amid U.S.-China Trade War
The Dow Jones Industrial Average opened 406.87 points or 1.54% lower on Monday after China’s currency value fell to more than a 10-year low versus the dollar after U.S....
According to The New York Times, patterns of global financial markets in the past few weeks may be a sign of an oncoming recession. From different perspectives, nothing seemed...
To the surprise of many investors, Tim Sloan, CEO of Wells Fargo (NYSE: WFC), announced his immediate departure from the bank last week. His abrupt departure last week brought...
Wells Fargo & Co. (NYSE: WFC) will continue to operate under a Federal Reserve restriction on its growth through the end of this year, Chief Executive Officer Tim Sloan...
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The Latest “Buzz on the Street” Show: Featuring Federal Reserve Announcement
FinancialBuzz.com’s latest Buzz on the Street: Recap of the Federal Reserve Announcement and Stock Market Reaction The Federal Reserve System is the central bank of the United States. It performs...