Articles By Moran Zhang
This week’s focus will be the June Federal Open Market Committee minutes, U.S. trade deficit and China's Q2 GDP.
Earnings season for the second quarter is almost here, with America's biggest aluminum producer, Alcoa Inc., announcing its results on Monday and JPMorgan Chase & Co. disclosing a portion of its total derivatives-trading losses on Friday the 13th.
Consumers, spooked by months of sluggish hiring and a global slowdown, pulled back on spending in June, which took a toll on top U.S. retailers' sales.
The U.S. labor market has lost a step since spring and the trend of lackluster job growth will likely continue into June.
Unemployment in the euro zone rose to a new record high in May, while manufacturing activities fell for the 11th consecutive month in June. The numbers increase the likelihood the European Central Bank will cut its key interest rate when its governing council meets Thursday.
While this week will be interrupted midway by the Fourth of July holiday, the barbecues and fireworks are unlikely to take away from the importance of Friday's June nonfarm payrolls report. Monday's ISM manufacturing index will also be in focus.
A fierce line of thunderstorms and high winds that swept across the eastern U.S. have caused nine fatalities and have left millions without power -- and without air conditioning -- Saturday to deal with thermostat-popping temperatures. Three governors declared a state of emergency.
Blink and you'll miss it.
The U.S. Supreme Court on Thursday handed down its historic ruling on the Patient Protection and Affordable Care Act, largely upholding the law. But many fear that the ruling will result in a reduction in hiring and may become a further drag on our already struggling economy.
The Supreme Court health care decision confirming the constitutionality of the president's signature legislative achievement and expanding insurance to millions of low-income Americans under Medicaid will provide a large influx of new customers and notable revenue opportunity for Medicaid-focus...