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CHINA SAYS TRAVEL EXPENDITURE OF DOMESTIC TOURISTS DURING MAY GOLDENWEEK HOLIDAY AT 185.49 BLN YUAN - CULTURE AND TOURISM MINISTRY

2026-05-07

CHINA SAYS TRAVEL EXPENDITURE OF DOMESTIC TOURISTS DURING MAY GOLDENWEEK HOLIDAY AT 185.49 BLN YUAN - CULTURE AND TOURISM MINISTRY

Other News
2026-05-07

US stocks rose to record highs Wednesday, with the Nasdaq +2%, S&P 500 +1.46%, and Dow +600 points, driven by AI-led tech gains and optimism over a potential US-Iran deal. Strong earnings supported sentiment, with about 85% of S&P 500 companies beati

US stocks rose to record highs Wednesday, with the Nasdaq +2%, S&P 500 +1.46%, and Dow +600 points, driven by AI-led tech gains and optimism over a potential US-Iran deal. Strong earnings supported sentiment, with about 85% of S&P 500 companies beating profit estimates and 77% topping revenue forecasts. Oil prices fell below $100 on deal expectations. ADP data showed 109,000 private-sector jobs added in April.
2026-05-07

FED'S GOOLSBEE: EVIDENCE OF MORE PERSISTENT INFLATION MIGHT COME FROM SUSTAINED PRICE INCREASES IN CORE SERVICES, WEALTH-DRIVEN SPENDING AMONG MORE AFFLUENT HOUSEHOLDS, AND WAGE HIKES IN OCCUPATIONS TIED TO ARTIFICIAL INTELLIGENCE INVESTMENT

FED'S GOOLSBEE: EVIDENCE OF MORE PERSISTENT INFLATION MIGHT COME FROM SUSTAINED PRICE INCREASES IN CORE SERVICES, WEALTH-DRIVEN SPENDING AMONG MORE AFFLUENT HOUSEHOLDS, AND WAGE HIKES IN OCCUPATIONS TIED TO ARTIFICIAL INTELLIGENCE INVESTMENT
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