Right here’s what it’s worthwhile to know: Whereas Mr. Powell expressed concern over the long-run sustainability of federal debt, he stated now just isn’t the second to fret about slicing…
Tag: falls
US shopper confidence falls in August to lowest in 6 years
WASHINGTON (AP) — U.S. shopper confidence fell for the second consecutive month, sinking to the bottom ranges in additional than six years as a resurgence of COVID-19 infections in lots…
Nasdaq falls 3.5%, S&P 500 suffers worst week since January
U.S. stocks sank Friday as investors digested two downbeat prints on the U.S. economy. May data on inflation showed price increases unexpectedly accelerated last month, with consumer prices rising 8.6%…