Business

Stocks advance despite Apple report concerns

(AFP) — Stock markets mostly advanced on Tuesday despite fresh recession worries on a report tech titan Apple may scale back hiring and investment. Meanwhile, the euro rallied against the dollar as traders looked ahead to a key European Central…

Stocks, oil prices plunge on recession fears

(AFP) — Equities and oil prices tumbled Wednesday after a brief respite from last week’s painful rout across world markets, with recession fears building as central banks hike interest rates to combat decades-high inflation. While Asia, Wall Street and Europe…

US stocks fall as Amazon, Intel plunge

(AFP) — Wall Street stocks declined early Friday following mixed US data that highlighted strong consumer spending and elevated inflation, while Amazon sank on disappointing results. The Commerce Department reported personal consumption expenditures climbed 1.1 percent, almost twice what analysts…