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World 30 Aug 2020 | 4:49 AM

Roundup: Dow erases 2020 losses, still shy of record high

NEW YORK, Aug. 29 (Xinhua) -- Wall Street's major averages finished the past week on an upbeat note, with the Dow rising more than 160 points to erase its losses for the year.

World 29 Aug 2020 | 4:59 AM

U.S. stocks rise amid economic data

NEW YORK, Aug. 28 (Xinhua) -- U.S. stocks finished higher on Friday as investors pored through newly-released economic data.

World 28 Aug 2020 | 4:56 AM

U.S. stocks end mixed after Fed's new approach to inflation

NEW YORK, Aug. 27 (Xinhua) -- Wall Street's major averages closed mixed on Thursday as investors pored through the U.S. Federal Reserve's new policy strategy on inflation and a slew of key economic data.

World 28 Aug 2020 | 4:00 AM

U.S. dollar little changed after Fed announces new approach to inflation

NEW YORK, Aug. 27 (Xinhua) -- The U.S. dollar was roughly flat in late trading on Thursday after the Federal Reserve rolled out new policy strategy on inflation.

World 28 Aug 2020 | 2:53 AM

Roundup: U.S. jobless claims above 1 mln mark for second straight week

WASHINGTON, Aug. 27 (Xinhua) -- The number of initial jobless claims in the United States last week totaled above 1 million mark for the second straight week, painting a gloomy outlook for the recovery of a labor market ravaged by the COVID-19 crisis.