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HomeBusinessBusiness Newsletter

Business Newsletter

CWEB News Summarized Breaking, Business and Financial Newsletter for November 22, 2023

As investors absorbed the release of the Federal Reserve's last meeting minutes and awaited findings from artificial intelligence chipmaker Nvidia (NVDA), stocks closed lower...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 20, 2023

As investors awaited findings from artificial intelligence chipmaker Nvidia (NVDA), stocks dropped at Tuesday's opening bell, indicating a slowdown in the November rise. When...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 20, 2023

As the holiday-shortened week began, Wall Street equities continued to rise, having won for three weeks in a row on the back of expectations...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 17, 2023

Friday saw stock prices fall as investors sought to extend their gains from this month. Shortly after, the Dow Jones Industrial Average fell by...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 16, 2023

As the U.S. labor market shows indications of softening, the number of applications for jobless claims rises. According to Thursday's report from the Labour...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 15, 2023

There is a lot of pressure on the meeting between President Biden and his Chinese counterpart Xi Jinping at the APEC summit in California...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 10, 2023

Following a disappointing Treasury auction for investors and Fed Chair Jerome Powell's hawkish-toned speech on inflation, Wall Street equities fell on Thursday as bond...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 9, 2023

The widely monitored Dow Jones Industrial increased on Thursday morning as markets processed the Labour Department's initial round of jobless claims. In today's stock...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 8, 2023

Last week saw the largest one-week decline in mortgage rates in more than a year, which led to the first uptick in mortgage demand...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 7, 2023

The dollar strengthened and stocks fell. S&P 500 futures dropped roughly 0.3%, signaling that the US equity benchmark will end a six-day winning run....

CWEB News Summarized Breaking, Business and Financial Newsletter for November 6, 2023

Following their greatest week of the year, stocks increased on Monday as expectations that the Federal Reserve would soon cease its tightening continued to...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 3, 2023

October saw a slowdown in the growth of jobs in the U.S. economy, which confirmed long-standing predictions of a downturn and may have eased...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 2, 2023

On Wednesday, the Federal Reserve left its benchmark interest rate in the range of 5.25%-5.50% unchanged, the highest in 22 years, as officials continue...

CWEB News Summarized Breaking, Business and Financial Newsletter for November 1, 2023

As investors considered new consumer confidence statistics and anticipated the Federal Reserve's imminent policy announcement on Wednesday, US stocks, which are poised for their...

CWEB News Summarized Breaking, Business and Stock Newsletter October 31, 2023

Even though Tuesday's housing data was stronger than expected, investors were nervous about the commencement of the Federal Reserve's two-day meeting and sent the...

CWEB News Summarized Breaking, Business and Stock Newsletter October 30, 2023

As investors prepared for a busy week that would include a Federal Reserve rate decision, a jobs report, and Apple's earnings report, U.S. equities...

CWEB News Summarized Breaking, Business and Stock Newsletter October 27, 2023

To make up for its heavy losses this week, the Nasdaq Composite index posted a gain on Friday. Stocks in tech companies benefited from...

CWEB News Summarized Breaking, Business and Stock Newsletter October 26, 2023

Despite increased interest rates, continued inflation pressures, and a number of other domestic and foreign headwinds, the U.S. economy grew even faster than projected...

CWEB News Summarized Breaking, Business and Stock Newsletter October 25, 2023

Stocks fell on Wednesday after investors processed Microsoft's (MSFT) and Alphabet's (GOOG, GOOGL) mixed quarterly earnings reports. More earnings reports are expected to come...

CWEB News Summarized Breaking, Business and Stock Newsletter October 24, 2023

On Tuesday, stocks rose as investors prepared for a deluge of earnings reports from tech titans and other prominent corporations, helped by a recovery...

CWEB News Summarized Breaking, Business and Stock Newsletter October 23, 2023

As investors came to terms with the fact that interest rates will remain higher for longer, stocks dipped on Monday morning after the benchmark...

CWEB News Summarized Breaking, Business and Stock Newsletter October 20, 2023

The Federal Communications Commission has begun a new initiative to update the regulations that apply to broadband providers. As part of this initiative, they...

CWEB News Summarized Breaking, Business and Stock Newsletter October 19, 2023

The Chairman of the Federal Reserve, Jerome Powell, is scheduled to deliver what could be a pivotal policy address. The financial markets are getting...

CWEB News Summarized Breaking, Business and Stock Newsletter October 18, 2023

Bond yields rose to their highest level in 10 days after the Commerce Department reported stronger-than-expected retail sales, while stocks were relatively flat. Nvidia...

CWEB News Summarized Breaking, Business and Stock Newsletter October 17, 2023

In spite of rising interest rates and concerns about the state of the economy, retail sales in September came in significantly higher than anticipated...

CWEB News Summarized Breaking, Business and Stock Newsletter October 16, 2023

Investors feel secure as the US works to limit the war in the Middle East. Investors are watching geopolitical concerns that could increase oil...

CWEB News Summarized Breaking, Business and Stock Newsletter October 14, 2023

After big US banks began earnings season with positive profits, stocks finished the session and the week with mixed results as investors kept an...

CWEB News Summarized Business and Stock Newsletter October 13, 2023

Increased profits for JPMorgan Chase (JPM) in the third quarter demonstrated the company's resilience in the face of industry challenges this year. New York's...

CWEB News Summarized Business and Stock Newsletter October 12, 2023

New statistics from the Bureau of Labour Statistics came out Thursday morning, showing that inflation slowed in September as energy price hikes slowed from...

CWEB News Summarized Business and Stock Newsletter October 11, 2023

While adjustable-rate mortgage rates declined last week, the average rate for a 30-year fixed mortgage reached its highest level since 2000. A panicked rush...

CWEB News Summarized Business and Stock Newsletter October 10, 2023

Wall Street was weighing the geopolitical dangers of a prolonged battle from the Israel-Hamas war on Tuesday, and investors responded by bidding up U.S....

CWEB News Summarized Business and Stock Newsletter October 9, 2023

Futures for crude oil and gold rose in reaction to the Hamas offensive on Israel, which has resulted in over 700 deaths and the...

CWEB News Summarized Business and Stock Newsletter October 6, 2023

Bank of America claims that the current housing market is eerily similar to that of the 1980s. There are many parallels between today and...

CWEB News Summarized Business and Stock Newsletter October 5, 2023

On Thursday, following the release of initial unemployment claims by the Labour Department, the Dow Jones Industrial Average fell. Initial claims for unemployment insurance...

CWEB News Summarized Business and Stock Newsletter October 4, 2023

Last week, mortgage rates in the United States reached 7.5% for the first time since November 2000, and homebuyer applications fell to a multi-decade...

CWEB News Summarized Business and Stock Newsletter October 3, 2023

On Tuesday, investors sold off their shares as they watched rising Treasury yields, which had reached a 16-year high. 82 points, or 0.4%, were...

CWEB News Summarized Business and Stock Newsletter October 2, 2023

The Dow futures increased by over 100 points after the federal shutdown was avoided. President Joe Biden signed a continuing agreement passed by the...

CWEB Summarized Business Newsletter September 28, 2023

This week, mortgage rates reached their highest point in 23 years, dealing a further blow to the housing industry. According to Freddie Mac, the...

CWEB Summarized Business Newsletter September 27, 2023

The stock market is vulnerable to a government shutdown. Both the White House and Wall Street believed the economy could weather a temporary shutdown,...

CWEB Summarized Business Newsletter September 26, 2023

According to data released on Tuesday, rising gas costs and high interest rates contributed to more economic uncertainty and reduced consumer confidence in September....

CWEB Summarized Business Newsletter September 25, 2023

A shutdown of the federal government in the United States is imminent. Who is affected by this, and what will happen next? While essential...

CWEB Summarized Business Newsletter September 22, 2023

Nearing the close of a week in which the stock market fell sharply, the S&P 500 showed little movement on Friday afternoon. While the...

CWEB Summarized Business Newsletter September 21, 2023

The stock market continues to fall as Wall Street prepares for "higher for longer" interest rates. The Dow Jones Industrial Average (DJI) fell 0.6%,...

CWEB Summarized Business Newsletter September 20, 2023

A delay in further rate hikes is widely anticipated by the Federal Reserve today, providing some relief from rising rates for savers and borrowers....

CWEB Summarized Business Newsletter September 19, 2023

As Wall Street awaited the outcome of this week's Federal Reserve policy meeting, stocks fell on Tuesday. There was a loss of 297 points...

CWEB Summarized Business Newsletter September 18, 2023

Monday afternoon stocks inched up as Wall Street prepared for the next interest rate decision from the Federal Reserve. We will be listening to...

CWEB Summarized Business Newsletter September 17, 2023

After a volatile week, US equities closed substantially lower on Friday, as Treasury yields rose as investors' risk appetite was reduced by falling chip...

CWEB Summarized Business Newsletter September 16, 2023

Instacart, a supermarket delivery service, has increased its IPO price goal by $2, to $28-$30, after the successful debut of British chip designer Arm...

CWEB Summarized Business Newsletter September 15, 2023

President Joe Biden said he will send two members of his team to Detroit to engage both sides in talks to resolve the strike...

CWEB Summarized Business Newsletter September 14, 2023

For the first time in three days, the Dow Jones Industrial Average rose as investors responded positively to positive economic data and the initial...
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