Was Fed’s Powell dovish or not? 4 key takeaways from today’s press conference
Investors reacted as if Fed Chairman Jerome Powell’s press conference Wednesday was dovish, but many economists think it was on …
Machinery/Industrial Goods
Whirlpool slashes annual guidance, seeing demand slowdown
Appliances maker Whirpool Corp. late Monday reported mixed second-quarter earnings and slashed its guidance for the year, saying the results …
Slow start, bigger finish: Here’s the latest thinking about Fed’s rate-hike path after strong January jobs report
All week, economists had talked themselves into expecting a weak January jobs. So they were startled by the across-the-board strength …
U.S. jobless claims jump to highest level since mid-November
The numbers: Initial jobless claims rose by 23,000 to 230,000 in the week ended Jan. 8, the U.S. Labor Department …
China’s November industrial profits rise, but at a slower pace
China’s industrial profits increased at a slower pace in November, official data showed Monday, as raw material producers faced softer …
Spreadbetter and online dealer CMC Markets tumbles in London as it warns of slower trading
London stocks held steady on Thursday, with investors on both sides of the Atlantic on the fence ahead of a …
U.S. durable-goods orders dip in July due to fewer plane contracts, but demand in the economy still strong
The numbers: Orders for long-lasting goods fell in July for only the second time in 15 months, but the decline …
GE stock jumps after earnings beat, surprise swing to positive free cash flow
Shares of General Electric Co. rallied Tuesday, after the industrial conglomerate beat profit and revenue expectations for the second quarter …
How China’s stock-market meltdown puts U.S. investors at risk
Stock futures are slipping ahead of Tuesday’s open, following more fallout from China’s regulatory crunch, which drove Hong Kong’s Hang …
U.S. gains 850,000 new jobs in June in sign of strength for the economy
The numbers: The U.S. created 850,000 new jobs in June as the economy perked up and companies rushed to add …