UN reports improved prospects for the world economy and forecasts 2.7% growth in 2024

UNITED NATIONS (AP) — The United Nations reported improved prospects for the world economy since its January forecast on Thursday, pointing to a better outlook in the United States and several large emerging economies including Brazil, India and Russia. According to its mid-2024...

Stock market today: Wall Street edges back from records after Dow briefly tops 40,000

NEW YORK (AP) — U.S. stocks edged back from their record heights Thursday after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time. The Dow slipped 38.62 points, or 0.1%, to 39,869.38. The S&P 500 index, which is much more widely followed on...

Adecoagro: Q1 Earnings Snapshot

LUXEMBOURG (AP) — LUXEMBOURG (AP) — Adecoagro SA (AGRO) on Thursday reported first-quarter profit of $47.4 million. On a per-share basis, the Luxembourg-based company said it had profit of 45 cents. Earnings, adjusted for non-recurring gains, were 22 cents per share. ...

Walmart, Canada Goose rise; Deere, Freeport-McMoRan fall, Thursday, 5/16/2024

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Walmart Inc., up $4.18 to $64.01. The retailer's first-quarter financial results beat analysts' forecasts. Deere & Co., down $19.59 to $394.43. ...

The Dow just crossed 40,000 for the first time. The number is big but means little for your 401(k)

NEW YORK (AP) — The Dow Jones Industrial Average just topped 40,000 for the first time, the latest pop in what's been a surprisingly good year for Wall Street. But just like New Year's represents an arbitrary point in time in the Earth's revolution around the sun, such milestones...

Walmart's strong first quarter driven by consumers seeking bargains with inflation still an issue

NEW YORK (AP) — Walmart Inc. reported another quarter of strong results Thursday as its low prices pull in shoppers scouring for discounts with inflation stubbornly high. The nation's largest retailer, based in Bentonville, Arkansas, also offered an upbeat outlook. Share rose more...

Stock market today: Asian shares advance after another round of Wall St records

Asian shares advanced on Thursday after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The optimism came from a report showing U.S. consumers had to pay prices for gasoline, car insurance and everything else in April that were 3.4%...

How major US stock indexes fared Wednesday, 5/15/2024

U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The S&P 500 jumped 1.2% Wednesday to top its prior all-time high set in March. The Nasdaq composite added 1.4% to its own record set a day earlier, while the Dow Jones Industrial...

U.S. stocks rally to records after encouraging data on inflation as S&P 500, Dow and Nasdaq composite set all-time highs

US inflation eased last month in the first slowdown of 2024

WASHINGTON (AP) — Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team. ...