Wall Street Slips After Jobs Report

◊ Stock Market News Jobs Report ◊ StockMarketNews.Today Wall Street pulled back from record levels on Friday, as investors assessed the U.S. employment report that showed jobs growth accelerated in January but included a downward revision to some previous numbers. Nonfarm payrolls increased by 225,000 jobs last month, the Labor Department’s data showed, much higher […]

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Federal Deficit For 2019 is Estimated at $984 Billion

StockMarketNews.Today — The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday. ⇓⇑ Stock Market Simulator ⇓⇑ The difference between federal spending and revenue has only ever exceeded $1 trillion four times, […]

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Boeing Co: U.S. Might Approve the 737 MAX to Fly

Boeing News Today – Stock Market News … — Boeing has said it expects the plane to be back in service, at least in some places, starting in the fourth quarter of this year, and the FAA could perform a certification flight as soon as next month. — Six months after the U.S. was the […]

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Gucci Sales Dropped in U.S.

◊ Gucci Stock News ◊ Gucci lost the top spot among luxury companies for social media engagement in March, according to Tribe Dynamics, and in July it reported its first quarterly drop in North American sales since early 2016. The retreat shows how luxury companies that thrive on Instagram and other social-media outlets can just […]

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German Economic Sentiment Tumbles To Lowest Level Since 2011

• German Economy – Stock Market News Today • Start Trading Now or Try a FREE Demo Account Expectations for the German economy have slumped to their lowest level since the eurozone debt crisis eight years ago amid deepening concerns over the US-China trade dispute and the potential for a chaotic UK exit from the EU. The […]

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Economic Growth Slowed In Second Quarter

U.S. economy slowed but still grew at a solid clip in the second quarter, gross domestic product, a broad measure of goods and services produced across the economy, rose at a 2.1% annual rate in the second quarter, adjusted for seasonality and inflation, down sharply from a 3.1% pace in the first quarter, the Commerce […]

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U.S. Housing Starts Fall… Permits Hit Two-Year Low

StockMarketNews.Today — U.S. homebuilding fell for a second straight month in June and permits dropped to a two-year low, suggesting the housing market continued to struggle despite lower mortgage rates. Housing starts decreased 0.9% to a seasonally adjusted annual rate of 1.253 million units last month as a rebound in the construction of single-family housing units […]

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Shell Aims To Become The World’s Largest Electricity Company

Shell aims to become the world’s largest electricity company without necessarily generating very much power… The Anglo-Dutch company last month detailed its plans to transform into a cleaner business centered on selling electricity. Hoping to capture the most profitable part of the business, Shell’s power strategy will be light on assets and focus on trading […]

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