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U.S. Economy

Trump silent on ‘Kamala Crash’ attacks as stocks rebound

by Adrian Jhonsan
Trump silent on ‘Kamala Crash’ attacks as stocks rebound

After using the market’s global sell-off as an opportunity to attack Vice President Kamala Harris, former President Donald Trump and his Republican allies were noticeably quieter Tuesday, as stocks gained …

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Categories World

10-year Treasury yield rebounds from lowest level in more than a year

by Adrian Jhonsan
10-year Treasury yield rebounds from lowest level in more than a year

Treasury yields bounced back on Tuesday as investors closely monitored a reversal of the previous day’s global market sell-off. The yield on the benchmark 10-year Treasury note traded more than …

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Categories World

Dow sheds 1,000 points, Japan stocks rebound

by Milton Acorn
Dow sheds 1,000 points, Japan stocks rebound

A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors …

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Categories Science

CNBC Daily Open: Dow sheds 1,000 points

by Adrian Jhonsan
CNBC Daily Open: Dow sheds 1,000 points

A trader works on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell in New York City on August 5, 2024.  Charly Triballeau | Afp …

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Categories World

Trump blames Harris, Biden for stock market meltdown

by Adrian Jhonsan
Trump blames Harris, Biden for stock market meltdown

Republican presidential nominee Donald Trump on Monday blamed Vice President Kamala Harris for the stock market’s dramatic plunge, months after claiming he deserved credit for the market’s then-record upswing. “Of …

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Categories World

What is the Sahm rule and why is everyone talking about it

by Adrian Jhonsan
What is the Sahm rule and why is everyone talking about it

Global stock markets are in the grip of a deepening rout, prompting investors to turn to one of the most historically accurate indicators to determine whether the U.S. economy is …

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Categories World

U.S. Treasurys: recession concerns take hold

by Adrian Jhonsan
U.S. Treasurys: recession concerns take hold

Treasury yields dropped on Monday, as investors flocked to traditionally safer assets amid a global stock market sell-off on concerns a U.S. recession could take hold in the near future. …

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Categories World

Markets fall with Japan stocks in bear territory; Berkshire’s cash horde at record high

by Milton Acorn
Markets fall with Japan stocks in bear territory; Berkshire’s cash horde at record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Categories Science

Why pharmacy chains like Walgreens and CVS are shuttering locations

by Adrian Jhonsan
Why pharmacy chains like Walgreens and CVS are shuttering locations

In its fiscal third-quarter earnings report to investors in late June, pharmacy chain Walgreens announced plans to close a “significant” number of its 8,600 U.S. stores. CEO Tim Wentworth said …

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Categories World

The job market’s soft landing ‘is in danger,’ economist says

by Adrian Jhonsan
The job market’s soft landing ‘is in danger,’ economist says

Tom Merton | Ojo Images | Getty Images Job seekers have been sour on the job market for awhile now — and with good reason. “The soft landing in the …

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Categories World
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