Tag Archives: strong

Photo of Umberto Text size Despite a weaker economy, Chinese consumers are not reducing their online spending. According to one analyst, this could be a strong second half for ecommerce companies in the world's second largest economy. The background story. The annual 618 Shopping Festival of JD.com (Ticker: JD) finished not too long ago. The event will be held June …

<div _ngcontent-c14 = "" innerhtml = " Bitcoin has so far recovered strongly this year, mainly due to the renewed interest in Bitcoin and cryptocurrencies, triggered by the much-talked-about cryptocurrency project of the social media giant Facebook The Bitcoin price, which has suffered from a fierce bear market throughout 2018, has so far risen by more than 250% this year, …

PepsiCo shares rose slightly on Tuesday after the company's second-quarter earnings exceeded estimates as healthier snacks and fizzy water fueled revenue growth and offset the negative impact of foreign exchange rates. The company's shares rose in the forerunner by less than 1% trade. "Our performance in the first half and the progress we make in our strategic priorities give us …

For Maine and New Hampshire, a severe thunderstorm clock was issued until 8:00 pm. Saturday. Thunderstorms pass through the Saturday afternoon and end in the early evening. These storms bring heavy rain, possibly damaging winds, possible hail and low risk for tornadoes. Track the storms with Interactive Radar. The humidity on Saturday ensures that it feels oppressive outside and the …

The June job report has broken expectations. On Friday, the Labor Department announced that 224,000 new jobs were added to the US economy, up from 165,000 market expectations. After months of slowing employment growth, the jump was a surprise to many. The unemployment rate rose slightly from 3.6% in May to 3.7%. The overly large wage growth confused the market, …

Nevertheless, Trump said on Friday that he still wanted a rate cut that would "rocket" the American economy. "If we had a Fed that cut interest rates, we'd be like a rocket ship," Trump said, before driving to Bedminster, New Jersey for the long holiday weekend. The President has repeatedly beaten Jerome Powell – his decision to lead the US …

Weak hiring in May had given rise to fears that the long-running expansion was foundering in. Source link

US. Equities fell at the start of Friday's trading session, as the government's monthly payroll report estimated that the economy created more than 224,000 jobs in June, which reduced the likelihood of a US Federal Reserve cut in July. The major US stock indices closed a public holiday cut on Wednesday for the first time in 17 months, at a …

Dollar on a broader front higher The Fed's work only got tougher. This is the definitive US employment report before July 31st, which will make the task of the Fed considerably more difficult. The US built 224,000 new jobs a month, after creating just 72,000 in May. The market priced in a 27% chance of a 50 basis point cut …

Nike Inc. NKE 1.34% posted higher sales in the last quarter, helped by strong demand in both the US and China. Executives said that the trade dispute between the two countries has not hurt the business of the sneaker giant. "We have not seen any impact on our business to date and we continue to see strong momentum," said Nike …