Once Wall Street traders read beyond the headlines released early Wednesday morning by the Bureau of Labor Statistics, they reversed the early selloff and bid the market higher.
With Wall Street regaining its footing following the decline that started last Thursday, commentators in the mainstream media are still searching for the decline's cause.
When an obscure advisory committee announced last Wednesday that the U.S. Treasury would have to borrow billions to fund Trump’s tax reform program, the stock market pitched headlong into a selloff.
The Conference Board’s January survey of consumer confidence came in at 125.4, beating December’s number and outperforming predictions of economic forecasters.
Big gates swing on little hinges. This little store in Seattle could be just such a hinge, threatening to transform shopping experiences everywhere.
Economists expected 250,000 new jobless claims to be filed during the week ending January 13, but claims fell to a 45-year low of 220,000. Any number below 300,000 in an economy as large as the United States’ reflects a healthy economy.