Latest business news headlines
Here are the latest business news headlines:
Global Economy
- US GDP grows at 2.1% annual rate in Q2, beating expectations (Source: Reuters)
- China's economy grows 6.2% in Q2, slowest pace in 27 years (Source: Bloomberg)
- European Central Bank keeps interest rates unchanged, signals no rate hikes until 2023 (Source: CNBC)
Technology
- Apple's stock surges after strong Q3 earnings report (Source: The Verge)
- Amazon's Alexa-powered smart speaker sales soar in Q2 (Source: CNET)
- Facebook's revenue growth slows in Q2, shares fall (Source: The Wall Street Journal)
Finance
- Dow Jones Industrial Average closes above 30,000 for first time (Source: CNN)
- S&P 500 index hits record high as investors bet on economic recovery (Source: MarketWatch)
- JPMorgan Chase reports record profits in Q2, beats earnings estimates (Source: Forbes)
Retail
- Walmart's e-commerce sales surge 97% in Q2, beats expectations (Source: Retail Dive)
- Target's same-store sales rise 10.8% in Q2, beats estimates (Source: CNBC)
- Kohl's reports surprise profit in Q2, shares jump (Source: Bloomberg)
Energy
- Oil prices rise as OPEC+ agrees to extend production cuts (Source: Reuters)
- Natural gas prices surge as heat wave hits US (Source: Bloomberg)
- ExxonMobil reports massive quarterly loss due to pandemic (Source: The New York Times)
Healthcare
- Pfizer's COVID-19 vaccine candidate shows promising results in late-stage trial (Source: The New York Times)
- Moderna's COVID-19 vaccine candidate shows strong immune response in early trial (Source: CNBC)
- UnitedHealth Group reports strong Q2 earnings, beats estimates (Source: Healthcare Finance News)
Automotive
- Tesla's stock surges after Q2 earnings report beats expectations (Source: The Verge)
- Ford's Q2 earnings beat estimates, shares rise (Source: Automotive News)
- General Motors reports strong Q2 earnings, beats estimates (Source: The Detroit News)
These are just a few of the latest business news headlines. Please note that the headlines are subject to change as new information becomes available.