China would become “uninvestable” without action on searches and fines, the US commerce secretary says.

Commerce Secretary Gina Raimondo cautioned Chinese authorities on Wednesday that if they don’t take quick action to address complaints about the worsening conditions caused by raids on enterprises, arbitrary penalties, and unpredictable official behaviour, American businesses may quit investing in their nation. The Chinese government, led by President Xi Jinping, is under pressure as it … Read more

After the GDP growth estimate was revised downward, stocks continued to rise: today’s stock market news

On Wednesday, stocks ended a fourth straight day of gains as updated GDP statistics revealed that the US economy expanded less quickly than initially predicted in the third quarter. The Dow Jones Industrial Average (DJI) gained 0.1% while the S&P 500 (GSPC) gained roughly 0.4%. The IXIC, the Nasdaq Composite, rose 0.5%. The benchmarks reversed … Read more

US STOCKS-Wall St. surges as expectations of a rate halt are fueled by dismal economic data

In August, private payrolls expanded by 177,000 jobs, versus predictions of 195,000, according to the ADP National Employment report, indicating a deteriorating labour market. Newly released gross domestic product (GDP) figures revealed that the U.S. economy grew by 2.1% in the second quarter, which was less quickly than an earlier estimate of 2.4% growth. According … Read more

In thin trading ahead of US inventory figures, oil edges higher.

On track to have its longest winning streak since March, West Texas Intermediate increased for a fifth day, moving closer to $82 a barrel. According to the industry-funded American Petroleum Institute, US stockpiles decreased by 11.5 million barrels. That would be the sixth decline in seven weeks, if official data released later on Wednesday confirms … Read more

Micromobility’s Commitment to Shareholders and Future Vision as a New Era Unfolds

I want to recognise and respond to any worries you might have about the price movement of Micromobility’s shares ($MCOM). Your investment is more than just money; it represents a deep faith in our mission, a duty I take very seriously as your CEO. Let’s start by talking about a crucial issue that many of … Read more

England Booked a Place in the Quarter-Finals of the Qatar 2022 World Cup.

England’s knockout victory was cause for massive celebration, even national hysteria, but after beating Senegal last night, the country immediately focused on plans ahead. England’s reward for a 3-0 victory over the African champions will be Saturday’s World Cup quarter-final clash with world champions France and their boy Kylian Mbappe. Harry Kane, Bukayo Saka and … Read more

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