Econ #s Archives - Page 37 of 61

8 minute read

‘Fitch Downgrades The United States’ Long-Term Ratings To ‘AA+’ from ‘AAA’; Outlook Stable’ – Fitch Ratings

August 1, 5:29 PM

https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023#:~:text=Fitch%20Ratings%20%2D%20London%20%2D%2001%20Aug,been%20affirmed%20at%20&#

SPY

2 minute read

Fed’s Favored Inflation Gauge Cools To 2-Year Lows: Strong Spending Keeps Fed Rate Bets Steady

By Piero Cingari

July 28, 8:43 AM

Inflation statistics keep pointing to a gradual decrease in price pressuresÂ across the economy. This is what emergesÂ from the…

SPY

3 minute read

Federal Reserve’s No-Shock Rate Hike Draws Mixed Reactions From Economists: What The Fed’s Next Move?

By AJ Fabino

July 26, 5:21 PM

In a move that came as no surprise on Wednesday, the Federal Reserve raised the federal funds rate…

SPY

2 minute read

Pandemic Shadows Lift As US Consumer Confidence Soars To 2-Year High

By AJ Fabino

July 25, 11:50 AM

U.S. consumer confidence soared to its highest level since July 2021, according to data issued Tuesday by The…

XLV

2 minute read

Jobless Claims Fall More Than Expected, But Investors Still Expect Fed Hike Next Week

By Piero Cingari

July 20, 8:49 AM

The number of Americans applying for unemployment benefits was lower than anticipated last week, again demonstrating the strength…

GLD

2 minute read

Retail Sales Growth Eases In June, But Still Signals Healthy Demand Conditions

By Piero Cingari

July 18, 8:50 AM

Consumer spending remained resilient in June, but advanced at a lower-than-expected pace, suggesting healthy demand conditions in the…

SPY

2 minute read

Surging Auto Sales In June Fuel Optimism Amid Mixed Retail Trends

By AJ Fabino

July 17, 1:43 PM

Tuesday’s release of the U.S. Department of Commerce’s June Retail Sales report will provide investors and economists with…

BBY

2 minute read

Market Reacts To PPI Inflation Drop: 7 Stocks in the Spotlight Thursday

By Piero Cingari

July 13, 11:47 AM

U.S. producers saw another lower-than-expected inflation report on Thursday, indicating that pandemic price pressures virtually evaporated in June.…

CVNA

2 minute read

Rate Hike Speculation Cools As US Producer Inflation Softens, Economist Predicts S&P 500 To Reach 5000 By Year End

By AJ Fabino

July 13, 11:39 AM

Economic data issued Thursday indicates a marked reduction in pricing pressures in June, causing many investors to anticipate…

SPY

2 minute read

PPI Inflation Could Hit Lowest Level Since September 2020, Reflecting Easing Inflationary Pressures

By Piero Cingari

July 12, 12:10 PM

Following the lower-than-expected consumer price inflation data released Wednesday, there may be more positive news coming on the…

CMDY