Investments and Business

Related media - News 24 hours The U.S. labor market is expected to show signs of cooling in July, due to the gradual economic slowdown and the impact of Hurricane Beryl on hiring rates. The Labor Department’s July nonfarm payrolls report, due Friday at 8:30 a.m. ET, is expected to reflect this slight decline. However, the expected decline is in line with the Federal Reserve’s strategy for a controlled economic slowdown. “If the Fed was aiming for a soft landing, it looks like it’s done it,” said Mike Reynolds, vice president of investment strategy at Glenmede. “We’re seeing some weakness…

More news - Latest news TOULON — The European Union's statistics agency reported on Wednesday that headline inflation in the euro zone unexpectedly rose to 2.6% in July, despite a slight slowdown in the services sector. Inflation stood at 2.5% in June, down slightly from 2.6% in May. Economists polled by Reuters had expected July's inflation rate to hit June's 2.5%. Core inflation, which excludes volatile items such as energy, food, alcohol and tobacco, hit 2.9% in July, slightly above the Reuters estimate of 2.8% and in line with June's core inflation rate. Services inflation, a closely watched indicator, fell…

More news - News 24 hours A key inflation gauge for the Federal Reserve showed a modest increase in June from a year earlier, potentially setting the stage for an expected interest rate cut in September. The personal consumption expenditures (PCE) price index, a key measure of inflation, rose 0.1% in June and is up 2.5% year over year, matching Dow Jones estimates, the Commerce Department reported Friday. That follows a 2.6% year-over-year increase in May, with the monthly measure unchanged. The Federal Reserve relies heavily on the PCE index to measure inflation, which remains above the central bank's long-term…

More news - Breaking news After the close, several stocks experienced significant movements, catching the attention of investors and market analysts. Among the most notable were Chesapeake Energy, F5, and Lattice Semiconductor, among others. Here, we delve into the details of these post-market swings and what they could mean for the future. Chesapeake Energy Chesapeake Energy saw a substantial increase in its stock price after hours. The surge can be attributed to the company's recent announcement of better-than-expected quarterly earnings. Chesapeake's strong performance in its natural gas and oil segments has reassured investors about its long-term growth potential. Analysts have…