WALL STREET BUSINESS REPORT 2-5

WALL STREET BUSINESS REPORT 2-5

Apple Vision Pro Headset Hits Store Shelves

That means you’re probably going to start to see more people wearing the futuristic googles that are supposed to usher in the age of “spatial computing.” It’s an esoteric mode of technology that Apple executives and their marketing gurus are trying to thrust into the mainstream. This while avoiding other more widely used terms such as “augmented reality” and “virtual reality” to describe the transformative powers of a product that’s being touted as a tipping point that could become as monumental as the changes wrought after the iPhone came out in 2007.

WALL STREET BUSINESS REPORT 2-2

WALL STREET BUSINESS REPORT 2-2

WALL STREET BUSINESS REPORT 2-1

WALL STREET BUSINESS REPORT 2-1

WALL STREET BUSINESS REPORT 1-31

WALL STREET BUSINESS REPORT 1-31

WALL STREET BUSINESS REPORT 1-30

WALL STREET BUSINESS REPORT 1-30

WALL STREET BUSINESS REPORT 1-29

WALL STREET BUSINESS REPORT 1-20

WALL STREET BUSINESS REPORT 1-27

WALL STREET BUSINESS REPORT 1-27

More Americans File For Jobless Benefits

The Labor Department says applications for unemployment benefits rose to 214,000 for the week ending Jan. 20, an increase of 25,000 from the previous week. Overall, 1.83 million Americans were collecting jobless benefits during the week that ended Jan. 13. That’s an increase of 27,000 from the previous week. Weekly unemployment claims are viewed as representative for the number of U.S. layoffs in a given week.

GDP Sees 3.3% Growth In Fourth Quarter

The nation’s economy grew at an unexpectedly brisk pace of 3.3% in the FOURTH quarter of 2023. Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households. The GDP decelerated from its sizzling 4.9% annual growth rate the previous quarter. But the latest figures mark the sixth straight quarter in which GDP has grown at an annual pace of 2% or more. For all of 2023, the economy grew 2.5%, up from 1.9% in 2022.

WALL STREET BUSINESS REPORT 1-25

WALL STREET BUSINESS REPORT 1-24

WALL STREET BUSINESS REPORT 1-24

WALL STREET BUSINESS REPORT 1-23

WALL STREET BUSINESS REPORT 1-23

WALL STREET BUSINESS REPORT 1-19

WALL STREET BUSINESS REPORT 1-19

WALL STREET BUSINESS REPORT 1-2

WALL STREET BUSINESS REPORT 1-2

WALL STREET BUSINESS REPORT 1-1

WALL STREET BUSINESS REPORT 1-1

WALL STREET BUSINESS REPORT 12-29

WALL STREET BUSINESS REPORT 12-29

Mastercard SpendingPulse Says Holiday Spending Higher In 2023

Shopping tracker Mastercard SpendingPulse says holiday sales rose this year. The indicator tracks all kinds of payments including cash and debit cards, found sales from the beginning of November through Christmas Eve. It saw a rise of 3.1-PERCENT , but that was a slower pace of increase than last year…when it was 7.6%. The data –released on Tuesday –excludes the automotive industry and was not adjusted for inflation.

WALL STREET BUSINESS REPORT 12-27

WALL STREET BUSINESS REPORT 12-26

WALL STREET BUSINESS REPORT 12-25

WALL STREET BUSINESS REPORT 12-25

WALL STREET BUSINESS REPORT 12-21

WALL STREET BUSINESS REPORT 12-21

WALL STREET BUSINESS REPORT 12-20

WALL STREET BUSINESS REPORT 12-20

WALL STREET BUSINESS REPORT 12-19

WALL STREET BUSINESS REPORT 12-19