Big profits from the technology industry have boosted the stock market. This time they won’t be enough

Big profits from the technology industry have boosted the stock market.  This time they won't be enough

Big tech earnings aren’t providing a clear story at a time when the stock market needs it. A look at Microsoft’s results tells an investor that business-to-business spending may be on the rise again, with declines in cloud spending bottoming out. Google’s launch peak tells this investor the opposite. The result is a feeling familiar …

Read more

S&P raises Greece to investment grade for the first time in over a decade

S&P raises Greece to investment grade for the first time in over a decade

ATHENS Greece’s credit rating has been upgraded to investment grade by Standard & Poors in the first such move by one of the three main rating agencies since the country’s sovereign debt crisis rocked the country more than a decade ago. Late Friday, S&P Global upgraded Greece’s rating to BBB- from BB+, citing the country’s …

Read more

Texas employment tops 14 million for the first time, and statewide job growth is outpacing the national rate

Texas employment tops 14 million for the first time, and statewide job growth is outpacing the national rate

In September, Texas’ total employment topped 14 million for the first time as the state’s job growth returned to a national high. Texas added 61,400 new jobs last month, the most since July 2022, bringing the state’s total job creation last year to nearly 436,000, the Texas Workforce Commission reported Friday. In the San Antonio-New …

Read more

Dow Falls 100 Points After 10-Year Treasury Yield Above 5% for First Time Since 2007: Live Updates

menu icon

Traders work on the floor of the New York Stock Exchange (NYSE) on August 26, 2022 in New York. Spencer Platt | Getty Images Stocks fell on Friday as a rise in 10-year Treasury yields sparked broader concerns about the state of the economy. The S&P 500 lost 0.6% and kept pace with its first …

Read more