by CNN | Jan 23, 2024 | alerts, Markets/Economy
Hong KongCNN — Chinese shares haven’t just had a bad start to 2024. It’s been rough going since February 2021, when they hit their most recent peak. Over the past three years, about $6 trillion — equivalent to roughly twice Britain’s annual economic output — has been...
by CNN | Dec 13, 2023 | alerts, Markets/Economy
US markets soared higher on Wednesday afternoon following the Federal Reserve’s final policy decision of the year. The Dow rose 1.4%, closing at 37,090.24 and blazing past its previous record high of 36,799.65, reached nearly two years ago. The S&P 500 was up 1.4%...
by CNN | Nov 16, 2023 | alerts, Markets/Economy
New YorkCNN — Lower grocery prices may soon be coming for shoppers. Walmart CEO Doug McMillon said Thursday that the US food industry may be heading into a period of deflation after three years of punishing price hikes that have caused sticker...