Dow jumps nearly 300 points to a record high, gains 2% for the week
U.S. stocks climbed to record levels and closed out Friday at their session highs as Wall Street wrapped up the week with solid gains amid rising reopening optimism. The Dow …
Financial News
U.S. blacklists seven Chinese supercomputing entities citing national security concerns
WASHINGTON – The Commerce Department on Thursday added seven Chinese supercomputing entities to a U.S. economic blacklist citing national security concerns. The department added Tianjin Phytium Information Technology, Shanghai High-Performance …
Fed officials say easy policy will stay in place until economic ‘outcomes’ are achieved
Federal Reserve officials indicated at their last meeting that easy policy will stay in place until it produces stronger employment and inflation, and won’t be adjusted based merely on forecasts. …
U.S. considering joining boycott of 2022 Beijing Olympics, State Department says
WASHINGTON – The United States and its allies are considering a joint boycott of the 2022 Winter Olympics in Beijing, the State Department said Tuesday. “It [a joint boycott] is …
UK’s Boris Johnson ‘hopeful’ foreign travel can resume from May 17
Two friends sit on the sea wall on a warm sunny Easter Sunday at Chalkwell beach on April 04, 2021 in Southend-on-Sea, England. John Keeble | Getty Images News | …
Biden infrastructure, clean energy plan may be windfall for investors
A driver uses a fast-charging station for electric in the cell phone lot at John F. Kennedy (JFK) airport on April 02, 2021 in New York City. Spencer Platt | …
Blowout jobs report could power stocks higher in the week ahead
Traders work on the floor of the New York Stock Exchange. NYSE April started off with a rally, and the market could continue to notch gains as the month gets …
Jobs report blows past expectations as payrolls boom by 916,000 in March
VIDEO 4:00 04:00 U.S. adds 916,000 jobs in March, unemployment falls to 6% Squawk Box Job growth boomed in March at the fastest pace since last summer, as stronger economic …
Manufacturing boom brings more signs that inflation is building rapidly
An operator stacks heavy gauge steel brace used for industrial workbench leg at Tennsco’s factory in Dickson, Tennessee, U.S. February 17, 2021. Tennsco | via Reuters March brought the strongest …
President Biden will unveil his $2 trillion infrastructure plan today – here are the details
President Joe Biden will unveil a more than $2 trillion infrastructure package on Wednesday as his administration shifts its focus to bolstering the post-pandemic economy. The plan Biden will outline …