Newsfeeds Archive - Spark Newswire

3 minute read

US Budget Crunch: CBO Warns Federal Interest Costs Now Higher Than Defense Spending, Deficits To Remain Above 5.5% Until 2034

June 19, 12:44 PM

CBO warns that the growing federal deficit puts financial strain on the U.S. government as interest costs set to surpass defense spending for the first time ever.

UTEN

3 minute read

Benzinga Bulls And Bears: Tesla, DraftKings, Broadcom And Trader Says Buy Dogecoin In High 10 Cents If You Get A Chance

By Michael Cohen

April 20, 9:42 AM

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

$DOGE

2 minute read

Treasury Yields Head To ‘Danger Zone’: Analyst Forecasts Potential Spike To 5%, Disorderly Sell-Off For Markets

By Piero Cingari

April 18, 12:26 PM

10-year Treasury note yields at 4.7%, highest since 2023. Fed Chair Powell not confident about inflation reaching 2% soon. Bond market strained.

TLT

3 minute read

Strong Data Dampens Rate Cut Expectations, Lifts Dollar And Spurs Treasury Yields: Thursday’s Economic Digest

By Piero Cingari

January 18, 11:45 AM

Dollar & U.S. Treasury yields surge on strong economic data. Dollar index approaches 103.52, Treasury yield reaches 4.13%.

UTEN

2 minute read

December Jobs Report: Do Economists See Cooling Signals Or Steady Growth?

By Piero Cingari

January 5, 5:13 PM

Economists' and financial analysts' varied reactions to Bureau of Labor Statistics' December jobs report.

TLT

3 minute read

Interest Rates Unlikely To Fall Soon: Bond Guru Projects 10-Year Yields Spiking To 5.5% In 2024

By Piero Cingari

January 4, 7:09 PM

Jim Bianco projects 10-year Treasury yield to reach 5.5% in 2024 due to a hawkish Fed approach and resilient economy.

UTEN

2 minute read

Soft Landing? Don’t Bet On It Just Yet: Fed’s Barkin Indicates Further Rate Hikes Possible

By Piero Cingari

January 3, 11:49 AM

Richmond Federal Reserve President Tom Barkin delivered a mixed message about the U.S. economy in his recent speech,…

IWM

3 minute read

Federal Reserve Official Cautions Markets On Premature Interest Rate Cut Expectations

By Piero Cingari

December 18, 10:38 AM

Senior Fed official cautions markets may be anticipating too early rate cuts. Fed's December 'dot plot' indicated median preference for federal funds rate at 4.6%, implying reduction of 75 basis points. Market sentiment leans towards rate cuts, but Fed Chair Powell acknowledged possibility of rate reductions.

UTEN

2 minute read

US GDP Growth In Q3 Tops Expectations, Highest Since Q4 2021

By Piero Cingari

November 29, 10:41 AM

US economy displayed robust growth in Q3 2023, surpassing estimates with 5.2% annualized GDP growth. Private inventory investment, consumer spending, and exports all contributed to the growth.

UTEN

3 minute read

Uncategorized

Buckle Up For 2024: Big Bank Forecasts Economic Dip As Interest Rates Tumble

By Piero Cingari

November 10, 1:47 PM

Anticipating a challenging 2024, a leading bank predicts economic vulnerabilities, expecting aggressive Fed rate cuts and a notable slowdown in GDP growth.

UTEN