US stocks rose on Monday after investors waited for a deluge of corporate earnings and the UK government's tax reform calmed global bond markets.what's happening Dow Jones Industrial Average DJIA, +2.08% After gaining 677 points at the session high, it rose 601 points (2%) to 30,236. S&P 500 … [Read more...] about Dow up 600 points as focus turns to earnings after wild week for markets
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Some good news: One key driver of inflation is finally showing signs of easing
Rent growth is starting to slow. But it's descending from a tremendous peak. Consumer price data released Thursday showed rental prices rose 7.2% from September 2021 to September this year, the biggest annual increase since 1982. Overall, the cost of shelter is one of the most important drivers of rising consumer prices, along with food and medical costs, the Labor Department … [Read more...] about Some good news: One key driver of inflation is finally showing signs of easing
New York lands $100B computer chip plant
Governor Kathy Hochul announced yesterday in Syracuse that Micron Technology Inc. will invest up to $100 billion over the next 20 years on their plan to construct an enormous complex of semiconductor facilities outside the city. Expected to be the country's largest clean room space at 2.4 million square feet, it would roughly equal the size of about 40 football fields. Greed … [Read more...] about New York lands $100B computer chip plant
U.S. consumer confidence jumps to five-month high thanks to falling gas prices
Number: Falling gas prices have made Americans feel a lot better. The US Consumer Confidence Survey jumped to a five-month high of 108 in September. A robust labor market and rising wages have also given Americans confidence, the nonprofit conference committee said Tuesday. is rising at the fastest pace in Economists polled by The Wall Street Journal had … [Read more...] about U.S. consumer confidence jumps to five-month high thanks to falling gas prices