Mar 6, 2024 | Markets
ESG fund exposure to Nvidia has dropped since mid-2023 Concern is that growing retail presence ‘portends bubble’ Concerns that Nvidia Corp.’s stratospheric gains might be unsustainable have spread to ESG investment managers who beat the market last year by betting big...
Mar 5, 2024 | Markets
Government work report lacks specifics on property, deflation Economists say more emphasis needed on boosting consumption China set a bullish target of around 5% growth this year as top leaders try to boost confidence in the world’s second-largest economy. But for...
Mar 5, 2024 | Markets
ISM services PMI decreased 0.8 point in February to 52.6 Employment measure declined; gauge of prices paid dropped Growth in the US service sector cooled in February, partly due to a decline in employment even as orders and business activity quickened. The Institute...
Mar 5, 2024 | Markets
iPhone slipped to fourth place in China in first weeks of 2024 Apple focusing on other big bets like AI, Vision Pro headset Apple Inc.’s iPhone sales in China fell by a surprising 24% over the first six weeks of this year, according to independent research that may...
Mar 5, 2024 | Markets
In the aftermath of the COVID-19 pandemic, the U.S. economy experienced a swift recovery accompanied by a sharp rise in inflation. Inflation has been gradually declining since 2022 without a notable slowdown in the labor market. Nonetheless, inflation remains above...
Mar 5, 2024 | Markets
Bills for consumer debt service hit record high this year Mortgage burden still near historic lows with locked-in deals US households are now paying roughly as much interest on other kinds of debt, from credit cards to student loans, as they are on their mortgages,...
