Business News – Page 26 – Deltaplex News

Personal finances, net worth of Walz and Vance show stark differences

Thursday, August 8 by ABC News

(WASHINGTON) -- The major party vice presidential nominees -- Democrat Tim Walz and Republican JD Vance -- sharply disagree on a range of issues. The differences in their personal finances are just as stark.Minnesota Gov. Tim Walz, a former teacher and member of the... Read More.

What is Tim Walzs record on the economy? Look at Minnesota

Thursday, August 8 by ABC News

(Bloomington, Minn.) -- Minnesota Gov. Tim Walz, the Democratic vice presidential nominee, has enacted economic policies in the state on key issues like job creation and taxes.The track record, stretching back to 2018, indicates how he may approach such issues if granted the nation's... Read More.

What could the economic slowdown mean for the election?

Wednesday, August 7 by ABC News

(NEW YORK) -- Stock market gyrations this week came after a disappointing jobs report stoked concerns about an economic slowdown. The uncertainty drew heightened attention as the U.S. speeds toward this fall's presidential election.However, the economy has been gradually cooling for months, alongside falling... Read More.

Stock prices seesaw as turbulence roils markets. How should investors respond?

Wednesday, August 7 by ABC News

(NEW YORK) -- Stock prices worldwide seesawed dramatically this week, forcing investors to keep up with sudden turns in the market and weather fears of an economic slowdown.The S&P 500 on Monday suffered its worst decline in a single trading day since 2022. In... Read More.

Silicon Valley leaders get behind Kamala Harris

Wednesday, August 7 by ABC News

(NEW YORK) -- After several of its brightest stars declared support for former President Donald Trump last month, Silicon Valley has now come out in force for Vice President Kamala Harris.Though Silicon Valley remains a stronghold of support for Democrats, the Biden's administration's hawkish... Read More.

The US economy has defied recession forecasts for years. Is this time different?

Monday, August 5 by ABC News

(NEW YORK) -- A worldwide selloff jolted markets on Monday in the aftermath of a weaker-than-expected U.S. jobs report that elicited fear of an economic recession.Japan's main Nikkei 225 stock index dropped more than 12%, its worst day of trading since 1987. Each of... Read More.

Stocks recover some losses after tumultuous trading, calls grow for a Fed rate cut

Monday, August 5 by ABC News

(NEW YORK) -- Stocks plummeted on Monday as markets worldwide reckoned with a disappointing jobs report last week that fueled concern of a possible recession.When markets opened on Monday morning, the S&P 500 fell about 4% and the tech-heavy Nasdaq dropped more than 6%.... Read More.

Google violated antitrust laws to maintain dominance over online search, judge says

Monday, August 5 by ABC News

(WASHINGTON) -- Google violated U.S. antitrust laws in maintaining a monopoly over the online search business, a federal judge ruled Monday, in a landmark ruling for the Justice Department in its efforts to rein in big tech giants.D.C. District judge Amit Mehta declared Google... Read More.

Dow falls 1,000 points as recession fears fuel calls for interest rate cut

Monday, August 5 by ABC News

(NEW YORK) -- Stocks plummeted on Monday as markets worldwide reckoned with a disappointing jobs report last week that fueled concern of a possible recession.The major stock indexes in the U.S. fell more than 2% in early trading. The S&P 500 fell about 4%,... Read More.

Stock futures tumble as recession fears fuel calls for interest rate cut

Monday, August 5 by ABC News

(NEW YORK) -- Stock futures plummeted on Monday as markets reckoned with a disappointing jobs report last week that fueled concern of a possible recession.Each of the major stock indexes fell more than 2% in pre-market trading on Monday. The tech-heavy Nasdaq dropped nearly... Read More.

Whats behind the recent stock selloff?

Saturday, August 3 by ABC News

(NEW YORK) -- The major stock indexes dropped significantly on Friday after a weaker-than-expected jobs report stoked worries of a possible recession.In early trading, the S&P 500 was on pace for its worst trading day in about two years. The Dow Jones Industrial Average... Read More.

Trump is wrong about immigrants taking Black jobs, economists say

Friday, August 2 by ABC News

(WASHINGTON) -- Former President Donald Trump this week voiced an alarming claim about the alleged threat that immigrants pose to Black workers."Coming from the border are millions and millions of people who happen to be taking Black jobs," Trump said at a gathering of... Read More.

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