US Stock Market Shows Hesitation After Positive Jobs Report on Eve of Labor Day Weekend

US Stock Market Shows Hesitation After Positive Jobs Report on Eve of Labor Day Weekend

(Photo: 123RF) MARKET REVIEW. The New York Stock Exchange ended in scattered order on Friday, the market finally showing hesitation after having initially reacted well to the US employment figures, on the eve of a holiday weekend (Labor Day). The Toronto Stock Exchange jumped more than 1% on Friday, buoyed by widespread strength following the … Read more

Mixed Performance in NYSE as Market Reacts to US Employment Figures

Mixed Performance in NYSE as Market Reacts to US Employment Figures

The New York Stock Exchange ended in scattered order on Friday, the market finally showing hesitation after having initially reacted well to the US employment figures, on the eve of a holiday weekend (Labor Day). The Dow Jones gained 0.33%, the Nasdaq index lost 0.02% and the broader S&P 500 index gained 0.18%. Nasdaq 2023-09-01 … Read more

US New Home Sales Reach Highest Level in a Year Despite Rising Interest Rates: Commerce Department

US New Home Sales Reach Highest Level in a Year Despite Rising Interest Rates: Commerce Department

By Le Figaro with AFP Posted 1 hour ago, Updated 1 hour ago This represents an increase of 4.4% compared to June. ungvar/stock.adobe.com New home sales in the United States rose more than expected in July, despite ever higher interest rates, even reaching their highest level in the last twelve months, according to data released … Read more

Westpac Banking Corp Reports Increase in Arrears and Decline in Capital Levels

Westpac Banking Corp Reports Increase in Arrears and Decline in Capital Levels

Australia’s third largest lender, Westpac Banking Corp. Australia’s third-largest lender, Westpac Banking Corp, reported an increase in its arrears in the third quarter due to high interest rates and runaway inflation, while posting a decline in its capital levels. The bank said its mortgages over 90 days past due rose 0.80% in the three months … Read more

U.S. Mortgage Rates Reach Highest Level Since 2002, Adding Pressure on Homebuyers

U.S. Mortgage Rates Reach Highest Level Since 2002, Adding Pressure on Homebuyers

U.S. mortgage rates hit their highest level since 2002 on Thursday, adding pressure on buyers already facing a tight housing market with rising prices. 30-year loans, the most popular in the world’s largest economy, thus reached a rate of 7.09%, according to the weekly average observed by the real estate refinancing group Freddie Mac, against … Read more

JSW Steel to Acquire 75% Stake in Teck’s Coal Business; Auto Parts from China Under Scrutiny; Tapestry Reports Slow US Demand

JSW Steel to Acquire 75% Stake in Teck’s Coal Business; Auto Parts from China Under Scrutiny; Tapestry Reports Slow US Demand

(Illustration: Camille Charbonneau) NEWS ESSENTIALS • The Indian JSW Steel plans to take a 75% stake in the coal business of Teck — Bloomberg. India’s JSW Steel Ltd plans to take a 75% stake in steelmaking coal business Elk Valley Resources from Teck Resources, according to a Bloomberg report. • Auto parts imported from China … Read more

Juventus announces agreement with AS Monaco for the transfer of player Denis Zakaria

Juventus announces agreement with AS Monaco for the transfer of player Denis Zakaria

(Alliance News) – Juventus Football Club Spa has announced that it has reached an agreement with AS Monaco Football Club for the definitive transfer of the registration rights of player Denis Lemi Zakaria Lako Lado for the amount of 20 million euros, payable in four exercises. This operation generates a positive economic impact on the … Read more

Recent Jackpot Winners: Decoding the 1.58 Billion Dollar Mega Millions Win and the Rise of Billion Dollar Jackpots

Recent Jackpot Winners: Decoding the 1.58 Billion Dollar Mega Millions Win and the Rise of Billion Dollar Jackpots

DECRYPTION – Like the jackpot of 1.58 billion dollars won by an American on August 8, jackpots exceeding one billion are more and more frequent. With today no less than 735 fortunes exceeding one billion dollars, according to Forbes magazine, which is constantly counting them, the United States remains a paradise for billionaires. From entrepreneur … Read more