RFK Jr. would rattle health markets as head of HHS, but his confirmation is far from certain, analyst says
Robert F. Kennedy Jr. would create "significantly more volatility" in health markets if he is confirmed as Secretary of Health and Human Services, making navigating policy risks far more challenging, ...
One strategist lifts recession probability to 75% after Trump's win and recommends how to position for it
Investors are right to be cautious, according to Peter Berezin, chief global strategist at BCA Research. He's just raised the probability of a U.S. recession in the next 12 months to 75% in response ...
U.S. industrial output battered for second month by Boeing strike, hurricanes
The numbers: Industrial production fell 0.3% in October, held down by the Boeing strike and the impact of Hurricanes Milton and Helene, the Federal Reserve reported Friday. The decline as in line with ...
Canada Wholesale Sales Rise 0.8% in September
Wholesale sales rose 0.8% in from the month before to a seasonally adjusted 82.32 billion Canadian dollars, the equivalent of $58.55 billion, Statistics Canada said Friday. The figure was slightly ...
Canada Factory Shipments Fall 0.5% in September
Inventory levels held by factories fell 0.4% in September, the agency said. Unfilled orders, the stock of orders that will contribute to future sales if they aren't canceled, rose 1.6% for the latest ...
New York State Manufacturing Activity Jumps Post-Election — NY Fed
"Manufacturing activity grew strongly in New York State in November, with firms reporting sharp increases in new orders and shipments," said Richard Deitz, economic research adviser at the New York ...
U.S. Retail Sales Grew in October
Sales at U.S. retailers grew in October at a slowing rate that still beat economists' forecasts, mirroring other signs of a stable but gradually cooling economy.
Postelection Rally Pushes Dozens of Stocks into Overvalued Territory
Stock markets rallied after Donald Trump’s victory in the US presidential election, pushing dozens of names into overvalued ...
U.S. Import Prices Rose in October on Higher Fuel Prices
Fuel import prices were notably higher by 1.5% on month as global oil prices increased amid tensions in the Middle East. Prices of other imported goods also rose, albeit less strongly.
FuelCell Energy to cut 17% of its staff as part of a global restructuring plan
Shares of FuelCell Energy Inc. charged higher in early Friday trading, after the fuel-cell technology company announced a global restructuring plan that will include cutting 17% of its staff. The ...
Import prices post biggest increase in six months and add to U.S. inflation
The import-price index 0.3% last month. Economists polled by the Wall Street Journal had forecast a 0.1% decline. Import prices had fallen in September. If energy is excluded, import prices moved up 0 ...
Retail sales climb again ahead of holiday shopping season. U.S. economy still has momentum.
The numbers: Sales at retailers rose solidly in October and suggested the economy still has plenty of momentum heading into the holiday shopping season. Sales increased 0.4% last month, the government ...