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Wall Street Drifts as US Inflation Warms, Traders Remain Hopeful for Lower Interest Rates

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Wall Street hovers near record levels as U.S. inflation ticks up. Traders hopeful for future interest rate cuts. Stocks remain steady despite slight increase in prices.

Oil Market Weakens, Prices Plummet Amidst Global Economic Concerns

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Oil market weakens as global economic concerns weigh on prices. Decline in prices, rising interest rates, and reduced crude consumption contribute to the downturn.

Exxon Mobil’s Q3 Profits Surge Despite Crude Price Drop, US

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Exxon Mobil's Q3 profits soar despite crude price drop. Strong performance in oil and gas business fuels robust earnings. Impressive results expected to exceed Q2.

Global Markets Rise as investors look for guidance at Jackson Hole Symposium

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Global markets await guidance at Jackson Hole Symposium to ease market tensions. Will interest rates see a further hike? Find out for clarity now!

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Oil Prices Fall by 4% as US Fed Meeting Approaches

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Oil prices dropped due to concerns about rising global supplies and demand growth uncertainty, hitting their lowest levels since Dec. 2021. Goldman Sachs cut their forecast for crude oil prices, adding to the selling spree ahead of the U.S. Federal Reserve meeting. Investors remain pessimistic about the sustainability of oil prices as the world economy heads towards pre-pandemic levels.

Asia-Pacific Shares Bounce Back, China’s CPI Falls, Deflation Concerns Linger

Equity Market 0
Asian-Pacific shares bounce back after decline as concerns over China's economy persist. Market awaits U.S. inflation report for insights.

US Economy Adds 200k Jobs, Unemployment Rate Holds Steady

United States (US) News 0
US economy adds 200k jobs, unemployment rate stays low - positive signs for future growth.

Asian Stocks Decline as China Records Weaker-Than-Expected Economic Growth in Q2

Equity Market 0
Asian stocks decline as China reports weaker-than-expected economic growth. Wall Street ends mixed. Earnings season awaits. Inflation data monitored.

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Business 0
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District 1 Commissioner Race Results Delayed by Recounts & Ballot Reviews, US

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Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US

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Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.

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