But Chinese officials have not appeased the United States by opening strategic sectors, such as health care and the internet.
One of the big names in corporate earnings news today was SoftBank, which reported that its quarterly profit rose 50 percent from a year ago. If you’ve never heard of the Japanese conglomerate, you probably have heard of Sprint. SoftBank bought a majority stake in the U.S. wireless carrier four years ago for 22 billion […]
As unemployment continues to fall and employers scramble to find the workers they need, demographic groups that traditionally lag economically are benefiting. The unemployment rate for African-Americans fell to 7.1 percent in June, just shy of the all-time low of 7 percent hit in April 2000. Unemployment rates for young people and those with a […]
Until yesterday, stocks seemed pretty immune to the noise out of Washington. But the dollar? Different story. The past week has not been kind to the U.S. currency. It’s at a seven-month low, in fact. Here’s why the dollar is so sensitive to the news. Click the audio player above to hear the full story.
Manufacturing jobs are down from October, continuing a long-term trend.
Here’s another way the markets are not like the real world: in the markets, the B word is worse than the C word. So much worse! C is for Correction, a sharp drop in prices, with a defined ending and a recovery. B, on the other hand, is for bear market, a long-term drop, with […]