ECON

Wall Street falls for the fourth consecutive session based on Fed expectations

Wall Street falls for the fourth consecutive session based on Fed expectations

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, August 22, 2022. REUTERS/Brendan McDermid Register now to get free unlimited access to Reuters.com Register Snap jumps while restructuring the advertising business, laying off employees Bed Bath & Beyond sinks into overhauling the company Dow Jones down 0.57%, …

Wall Street falls for the fourth consecutive session based on Fed expectations Read More »

Singapore sees multi-million dollar housing rise

Singapore sees multi-million dollar housing rise

Register now to get free unlimited access to Reuters.com Register SINGAPORE (Reuters) – Hundreds of public apartments in Singapore, one of the world’s most expensive cities, are selling for more than 1 million Singapore dollars ($716,000), as construction delays linked to the coronavirus lead to a shortage of new units. At least two units have …

Singapore sees multi-million dollar housing rise Read More »

Wall Street falls as job openings data adds to rate hike jitters

Wall Street falls as job openings data adds to rate hike jitters

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Best Buy sales beat estimates as discounts spur demand Jobs openings in July rises sharply Indexes down: Dow 0.58%, S&P 0.71%, Nasdaq 0.72% …

Wall Street falls as job openings data adds to rate hike jitters Read More »

Analysis: The pain of breaking inflation will reverberate around the world

Analysis: The pain of breaking inflation will reverberate around the world

JACKSON HOLE, Wyo, Aug. 29 (Reuters) – The message from the world’s top financial officials is loud and clear: rampant inflation is here to stay and taming it will require an extraordinary effort, likely a recession with job losses and shock waves. developing markets. This price is still worth paying, however. Central banks have spent …

Analysis: The pain of breaking inflation will reverberate around the world Read More »