Meihua's Role in Advanced Remote Surgical Procedures
Category: Stocks Total Views: 301By : Lucas Young Updated: 07-31-2024
Introduction to Meihua International Medical Technologies
Reputable producer of disposable medical tools is Meihua International Medical Technologies Co., LTD. The business (Nasdaq: MHUA) runs subsidiaries in China and is rather globally active. It generates Class I, II, and III throw-away medical equipment. Among these items are different medical kits, LDPE bottles for eye drops, and HDPE bottles for pills. Products of Meihua find use in medical facilities, pharmacies, and hospit... Read More
Upcoming Economic Data to Guide Fed Rate Policy
Category: Economy Total Views: 219By : Evelyn Baker Updated: 07-31-2024
Fed Expected to Hold Interest Rates Steady
After its Wednesday two-day policy meeting, the Federal Reserve is expected to keep its present interest rates. Following a year of stability in the 5.25% to 5.50% range, the decision to leave rates unaltered is based The Fed's main preoccupation still is inflation control, notwithstanding continuous economic expansion. This stop in rate lets the Fed evaluate how past increases affected the economy. To guide next decisions, officials ... Read More
Financial Sector Outperforms Despite Tech Declines
Category: Markets Total Views: 238By : Owen Jenkins Updated: 07-30-2024
Nasdaq Drops 1% Amid Chip and Megacap Share Decline
Loss in chip and megacap stocks drove Tuesday's 1% drop in the Nasdaq. Before important results from big technology companies, investors were wary. With a 5% drop, Nvidia led the fall that profoundly affected the semiconductor industry. Other tech behemoths including Apple, Amazon, and Tesla likewise saw declining shares. This cautious attitude resulted from worries about the longevity of recent increases in several high-grow... Read More
Rising Unemployment Rate Raises Economic Concerns
Category: Economy Total Views: 255By : Logan Wright Updated: 07-30-2024
June Sees Modest Drop in U.S. Job Openings
American job openings dropped 46,000 to 8.184 million in June. This meager drop points to a slow down of the labor market over time. This statistics came from the Job Openings and Labor Turnover Survey (JOLTS) published by the Bureau of Labor Statistics. Job openings remain rather high even with the decline. For June, economists had foresaw 8.0 million vacancies. The fall is a consistent one since March 2022. This moderation fits the inte... Read More
Steady Home Prices Signal Balanced U.S. Housing Market
Category: Real Estate Total Views: 334By : Dylan Bailey Updated: 07-30-2024
U.S. Single-Family Home Prices Remain Steady in May
Reflecting a stabilizing of the housing market, U.S. single-family home prices in May remained unchanged. Following a 0.3% rise in April, this flat performance showed a cooling trend. With this same reading, the Federal Housing Finance Agency (FHFA) indicated that the market is getting used to rising mortgage rates. Consistent home prices point to an equilibrium between supply and demand. Potential purchasers who have seen quick ... Read More