ProfitJournal.org – Latest Business & Financial News
Friday, July 5, 2024
BREAKING:

Federal Reserve signals potential rate cuts in Q3 as inflation cools – Markets rally on the news

Latest News

Stock market
MARKETS

Dow Jones Industrial Average Hits Record High Amid Earnings Season

The blue-chip index rose 1.2% as strong corporate earnings outweighed concerns about inflation.

By Sarah Johnson 1 hour ago
Real estate
REAL ESTATE

Housing Market Shows Signs of Cooling as Mortgage Rates Rise

Pending home sales declined for the third consecutive month, signaling a potential shift in the red-hot market.

By Michael Tan 3 hours ago
Retail
RETAIL

Major Retailer Announces Nationwide Store Closures

The company plans to shutter 150 locations as it shifts focus to e-commerce operations.

By Emily Wilson 5 hours ago
Bank
BANKING

Regulators Approve Mega Bank Merger Creating Financial Giant

The $75 billion deal will create the nation’s second-largest bank by assets.

By David Park 7 hours ago
Energy
ENERGY

Oil Prices Volatile Amid Geopolitical Tensions and Supply Concerns

Brent crude fluctuates as traders weigh Middle East developments against demand forecasts.

By James Robertson 9 hours ago
Tax
TAX

IRS Announces Higher Contribution Limits for Retirement Accounts in 2025

The agency adjusts limits for 401(k)s and IRAs to account for inflation.

By Lisa Chen 10 hours ago

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