U.S. Economy Grows Beyond Pre-Pandemic Level
Slower economic growth is expected in coming months, with the Delta variant of Covid-19, and materials and labor disruptions clouding the economic outlook.
Stocks Creep Up After GDP Data
Share benchmarks edged up after fresh data on economic growth and the labor market provided insight into the state of the recovery, amid a flurry of corporate results.
Jobless Claims Resumed Decline Last Week
Workers' filings for new unemployment benefits resumed their decline last week and remain near a pandemic low as the labor market continues to recover from the pandemic, economists say.
Startup Medical-Device Acquisitions Picked Up in First Half
Medical-technology companies are buying more startups as the industry recovers from disruptions to healthcare procedures triggered by the global pandemic last year.
Climate-Conscious Banks Stick With Distressed Polluters
Goldman Sachs and JPMorgan are confronting the need to protect investments in troubled energy companies while also living up to commitments to sustainability in their environmental, social and governance policies.
China to Hike Export Tariffs on Some Steel Products
China plans to increase export tariffs on some steel products, while scrapping tax rebates for steel exports, a further step to tame soaring commodity prices.
Eurozone Economic Sentiment Hits All-Time High
Eurozone business and household confidence increased for the sixth consecutive month in July, reaching its highest level on record.
Chips Are Not Down at Samsung
Samsung shares have suffered this year as investors anticipate the end of the memory-chip price boom. They shouldn't be so pessimistic.
(END) Dow Jones Newswires
July 29, 2021 11:00 ET (15:00 GMT)
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