Markets

Credit: Unsplash/CC0 Public Domain Researchers from California Polytechnic State University and The University of New Mexico find that stock market investors predict cannabis legalization will reduce conventional pharmaceutical sales by billions of…

A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comRegisterWeekly jobless claims fall 5,000 to 232,000Continuing claims increase 26,000 to 1.438 millionLayoffs announced by U.S.-based firms drop 21% in…

DUBLIN, Aug. 31, 2022 /PRNewswire/ -- The "Sweden Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2022 Update" report has been added to ResearchAndMarkets.com's offering.Research and Markets LogoSweden's gift card industry is expected to grow by 7.6% on annual basis to reach US$1509.8 million in…

The U.S. economy had about 11.2 million open jobs in July, a slight increase from June. It is the latest sign of strength in a historically strong labor market.Since May 2021, there have been almost two open jobs for every person seeking work."It's still one of the best job markets that I've ever seen, and I've been doing this for 16 years,"…

U.S. stocks trending lower after Fed chief’s speech FridaySymbolPriceChange%ChangeI:DJI $32,283.40-1,008.38-3.03SP500$4,057.66-,141.46-3.37I:COMP$12,141.71-,497.56-3.94U.S. stocks were lower overnight following remarks Friday by Fed Chairman Jerome Powell signaling higher interest rates for a longer period of time to try and tamp down inflation…

An analyst at investment management firm ARK Invest says Ethereum (ETH) could start gathering more bullish momentum as the crypto markets pivot back to a risk-on environment. In a new interview on the For Your Innovation podcast, ARK analyst Frank Downing says that the dust is settling in the crypto markets after months of bearish price…

Disney Star* has bagged rights to broadcast all ICC men's and women's events on a four-year deal from 2024 to 2027. The rights, widely seen as cricket's second most lucrative, behind the IPL, are for the Indian market. Disney Star won both the TV and digital rights.The bids had been opened on Friday and a clear winner was evident then but the…

One year ago, investors began to assess the implications of a possible default of China’s largest property developer, Evergrande. The company had $300 billion in debt outstanding, and China’s property market weakened as a result of measures the Chinese government took in 2021 to curb booming property prices.  At that time, Ed Yardeni…

LONDON — European markets were uncertain on Thursday as global investors awaited the start of the U.S. Federal Reserve's Jackson Hole economic symposium.The pan-European Stoxx 600 index was up 0.4% by afternoon trade, having given back gains of more than 0.7% in early trade. Oil and gas stocks climbed 1% while retail stocks fell 1.5%.The Fed's…

U.S. equity futures were bouncing between gains and losses Wednesday morning, looking to halt a three-day decline.The major futures indexes suggest a small decline when the opening bell rings on Wall Street.Oil prices traded higher adding to the surge of nearly 4% the previous day.U.S. West Texas Intermediate crude futures contract traded at…