The job market gloom that signals a looming recession
Nick Coburn was until recently planning to hire more staff. But after companies like his were hit by a £25bn tax raid in the Budget, he is now racing to find ways to avoid redundancies.
Nick Coburn was until recently planning to hire more staff. But after companies like his were hit by a £25bn tax raid in the Budget, he is now racing to find ways to avoid redundancies.
Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia.
Technical indicators have showcased most stocks' overwhelmingly negative trading environment over the past six weeks.
Emerging market stocks have fallen 10% since October amid fears of a new trade war, but markets are still not fully pricing in the risks, UBS said.
More monster gains for the S&P 500, global internet failure, and $600B worth of power outages are events investors should consider, BofA said.
BEIJING (Reuters) -China's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence in a broader recovery this year. For the full-year 2024, the world's second-largest economy grew 5.0%, meeting the government's annual growth target of around 5%.
(Bloomberg) -- Worsening outflows in the stock market have helped snuff out a degree of bullishness on the Taiwan dollar, according to a closely-watched measure in the options market.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWill Americans Ever Lose Their Taste for Telework?Chicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral Run
With a possible ban looming for the popular short-form video app, these stocks are set to gain as companies look to capture TikTok users' screen time.
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWill Americans Ever Lose Their Taste for Telework?Chicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunEarnings misses by leading In
A risk-taking culture, geographic advantages, and strong consumer spending continue to drive US economic growth way ahead of its peers.