Business

Dow futures rip higher by 400 points after lighter-than-expected inflation report

Cramer says we’ve hit peak inflation Wednesday’s July CPI report, which showed price increases slow, is a sign that the economy has hit peak inflation, according to Jim Cramer. “We obviously had peak inflation,” he told CNBC’s “Squawk on the Street” on Wednesday, noting that energy, travel and prices at the pump have continued to …

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How a 4-day workweek could benefit the environment

Comment on this story Comment Reducing the workweek to four days could have a climate benefit, advocates say. In addition to improving the well-being of workers, they say slashing working hours may reduce carbon emissions. It’s what you might call a “potential triple-dividend policy, so something that can benefit the economy, society and also the …

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Dow Jones Futures: Market Rally Resilient; Apple, Tesla, These 5 Chip Stocks Could Use This

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a generally a positive week, with the Nasdaq and small caps leading the way. X But with the major indexes at resistance levels following strong recent gains, the market rally showed resilience amid some …

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Dow Jones Futures: Apple Leads Risk-On Market Rally; Big Earnings Movers

Dow Jones futures edged higher Thursday morning, along with S&P 500 futures and Nasdaq futures, amid another busy night and morning of earnings. The stock market rally rose strongly on Wednesday, with tech titans charging higher. X Apple stock Amazon.com (AMZN), Microsoft (MSFT), Facebook parent Meta Platforms (META), Tesla (TSLA) and Google parent Alphabet (GOOGL) …

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Emerging markets hit by record streak of withdrawals by foreign investors

Foreign have pulled funds out of emerging markets for five straight months in the longest streak of withdrawals on record, highlighting how recession fears and rising interest rates are shaking developing growth investors. Cross-border outflows by international investors in EM stocks and domestic bonds reached $10.5bn this month according to provisional data compiled by the …

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Eurozone Economy Grows Faster Than Expected, but So Does Inflation

No boom can last forever, even for the technology industry’s most affluent companies. Investors punished the biggest tech companies earlier this year, consuming $2 trillion in market value over fears the industry would falter in the face of rising inflation and a slowing economy. But this week, as the United States reported that economic output …

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Dow Jones Futures Rise: Market Rally Extends Momentum As Apple Pops, Amazon Soars On Earnings

Dow Jones futures rose early Friday, along with S&P 500 futures and especially Nasdaq futures, as Apple (AAPL) and Amazon.com (AMZN) headlined another wave of overnight earnings. X The stock market rally showed strength Thursday, shrugging off a post-Fed pullback and weak earnings to move modestly higher. Key Earnings Overnight In addition to Apple and …

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Trader Joe’s workers in Massachusetts vote to join union at one store

Comment on this story Comment Trader Joe’s workers at a store in Hadley, Mass., voted 45-31 to unionize, becoming the first at that company to do so, according to the National Labor Relations Board. The union’s victory in western Massachusetts follows a wave of successful union drives this year at high-profile employers that have long …

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