US Job Growth Slowed, Supporting Fed Patience

The US jobs report due out on Friday is expected to reveal that employers increased payrolls by about 170,000 in August while maintaining a record low unemployment rate of 3.5%. Since the beginning of 2021, the average growth in employment during the last three months has been the smallest. Fed Chair Jerome Powell stated Friday … Read more

According to a trade representative, China’s dominance in rare earths leaves U.S. supply chains vulnerable.

According to Katherine Tai of the U.S. Trade Representative, China’s dominance in the rare earths market leaves U.S. supply chains vulnerable. High-tech items like electric car engines make use of rare earth metals. China has developed its metal processing capabilities over the years, providing it tremendous price leverage in a crucial international market. “What I … Read more

What China’s Economic Struggles Could Mean for the U.S.

From its usual rapid 8% yearly pace, the country’s growth has slowed to more like 3%. After a decade of overbuilding, real estate corporations are collapsing. In addition, the inhabitants of China have been unable to consume their way out of the depression brought on by the pandemic, exasperated by protracted coronavirus lockdowns and losing … Read more

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New Car Market: Oversupply Will Cause Prices To Fall

According to a recent UBS research, global auto production will likely outpace sales this year by 6%, creating an excess of 5 million vehicles that will need price reductions to move off of lots. Automakers are gearing up for a pricing war, and some electric vehicle manufacturers are already lowering costs, even if those price … Read more

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As a result of BRP Inc.’s strong financial performance and the thriving power sports market, Scotia Capital Inc. increases its stake in the company.

During the first quarter of this year, Scotia Capital Inc., a Canadian investment company, raised its holdings in BRP Inc., a well-known producer of power sports cars. The Securities and Exchange Commission recently received information from the firm indicating that Scotia Capital has increased its holdings of BRP stock by 102.7% to 20,115 shares. With … Read more

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By increasing its stake in CDW Co. and reporting successful earnings, Scotia Capital Inc. shows its confidence in the company.

According to the 13F filing made to the Securities and Exchange Commission (SEC), Scotia Capital Inc., a well-known institutional investor, considerably boosted its investment in CDW Co. (NASDAQ:CDW) during the first quarter of this year. According to the report, Scotia Capital Inc. now owns 10,662 shares of CDW, a provider of information technology services, after … Read more

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As confidence in the provider of IT solutions grows, Barclays PLC increases its holdings in Unisys Co.

According to the most recent filing with the Securities and Exchange Commission, international bank and financial services provider Barclays PLC considerably raised its holdings in Unisys Co. (NYSE: UIS) during the first quarter of this year. After acquiring an additional 127,178 shares, the company now owns 184,381 shares of Unisys stock, an increase of 222.3% … Read more

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Upgraded Rating and Strong Financial Performance attracted Investor Interest for Agilent Technologies

StockNews.com’s equity analysts have improved Agilent Technologies’ (NYSE:A) rating from “hold” to “buy” in a recent research note. Clients and investors have shown a lot of interest in this improvement. On Friday, August 25, the stock of the business, which trades on the NYSE under the symbol A, opened at $119.51. Agilent Technologies’ stock price … Read more

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