Economics Archives - Page 157 of 276

2 minute read

Saudi Energy Minister Warns Oil Short Sellers ‘They Will Be Ouching’ Ahead Of OPEC+ Meeting

May 23, 10:45 AM

Saudi Energy Minister, Prince Abdulaziz bin Salman, warned oil speculators to exercise extreme caution in order to avoid being squeezed by the OPEC+ as was the case in April when the cartel enacted an unexpected

USO

2 minute read

Escalating US Treasury Yields Reflect Intensifying Uncertainty Over Debt Ceiling Negotiations

By Piero Cingari

May 23, 8:56 AM

Treasury yields are experiencing heavy volatility as a debt ceiling agreement continues to be delayed with less than a week until the U.S.

TLT

3 minute read

US Stocks Poised For Flat Open On Debt Ceiling Impasse: Why This Analyst Thinks October Lows ‘Won’t Be Violated’

By Shanthi Rexaline

May 23, 7:15 AM

Trading in the U.S.

2 minute read

Democratic Presidential Hopeful Marianne Williamson Lashes Out At McCarthy’s Notion Of ‘Fiscal Responsibility,’ Doesn’t Spare Biden Either

By Bhavik Nair

May 22, 10:39 PM

Democratic presidential candidate Marianne Williamson has criticized House Speaker Kevin McCarthy’s resolution on spending cuts saying it’s the…

QQQ

2 minute read

‘AI-Generated Photo Of Fake Pentagon Explosion Sparks Brief Stock Selloff’ – NY Post

By Benzinga Newsdesk

May 22, 12:41 PM

https://nypost.com/2023/05/22/ai-generated-photo-of-fake-pentagon-explosion-sparks-brief-stock-selloff/A purportedly AI-generated photo of a fake explosion at the Pentagon spread rapidly on social media on Monday –

SPY

1 minute read

‘Tim Scott Officially Kicks Off 2024 GOP Presidential Bid’ – Axios

By Benzinga Newsdesk

May 22, 11:46 AM

https://www.axios.com/2023/05/22/tim-scott-2024-presidential-election?utm_medium=social&utm_campaign=editorial&utm_source=twitterSen. Tim Scott (R-S.C.) made his 2024 presidential bid official on Monday, speaking

SPY

3 minute read

Reported Sunday May 21, ‘Senators Issued Satellite Phones, Offered Demonstrations On Upgraded Security Devices’ – CBS News

By Benzinga Newsdesk

May 22, 11:35 AM

https://www.cbsnews.com/news/senators-issued-satellite-phones-new-security-measures/

SPY

2 minute read

Potential ‘False Breakout’ Looms For S&P 500 Despite Reaching Bull Market Region, Says Top Wall Street Analyst

By Piero Cingari

May 22, 9:31 AM

The S&P 500 Index may have reached the finish line of the rally that started in October 2022, after breaking above the 4,200 threshold last week.

SPY

4 minute read

Don’t Underestimate The American Consumer

By Sam Ro

May 22, 9:13 AM

Stocks closed higher last week with the S&P 500 (ARCA:SPY) rising 1.6%. The index is now up 9.2% year to date, up 17.2% from its October 12 closing low of 3,577.03, and down 12.6% from its January 3, 2022 record closing high of 4,796.56.

SPY

2 minute read

Biden Irked By MAGA Republicans, Big Tech Rally Faces Risk, Fed Official Flags Potential June Pause And More: 5 Key Stories You May Have Missed From The Weekend

By Shanthi Rexaline

May 22, 8:58 AM

Debt ceiling stalemate was the main topic of discussion over the weekend, especially as the talks between the Biden administration's negotiators and the House Republicans paused on Friday.

BTC