Economics Archives - Page 158 of 276

4 minute read

Nasdaq Futures Rattled By Meta’s $1.3B Fine, China’s Micron Ban — But Analyst Sees Quick S&P 500 Rally To August Highs

May 22, 6:28 AM

Market sentiment seems to have soured following last week's strong performance by the major averages on hopes of a debt deal.

2 minute read

Goldman Sachs Economists’ Forecast: Treasury Cash Levels To Dip Below Minimum Level By This Date

By Bhavik Nair

May 21, 11:09 PM

Goldman Sachs Group economists have reportedly estimated that by June 8 or 9, the Treasury Department will see…

QQQ

2 minute read

Debt Ceiling Crisis: Biden, McCarthy Set To Meet On Monday

By Bhavik Nair

May 21, 9:52 PM

President Joe Biden and House Speaker Kevin McCarthy will meet on Monday to discuss the debt ceiling, following…

SHY

2 minute read

Powell Says Credit Crunch Could Mitigate Need For Higher Rate, Bernanke Emphasizes ‘It’s Different Than 2008’

By Piero Cingari

May 19, 12:41 PM

Current Fed Chair Jerome Powell and former Fed Chair Ben Bernanke both appeared at the Thomas Laubach Research Conference on Friday, offering monetary policy remarks.

GOVT

2 minute read

Analyst Labels AI As ‘Infant Bubble,’ Warns Federal Action Could Burst It: 3 Investor Lessons From Dot-Com Collapse

By Piero Cingari

May 19, 9:40 AM

Bank of America's chief investment strategist Michael Hartnett called the AI a "baby bubble" with inflationary effects for the economy in his most recent 'The Flow Show' report.

AMD

4 minute read

US Stock Futures Signal Strong Finish To Week On Tech Surge: Analyst Sees ‘Big Gains’ For Year On Historical Pattern

By Shanthi Rexaline

May 19, 6:44 AM

Stocks are riding on the momentum imparted by hopes of a speedy resolution to the debt ceiling impasse. Early Friday, stock futures pointed to a firmer start, signaling that the averages could extend the gains for a third straight sessi

AMAT

1 minute read

Biden Reportedly Urges Negotiators to Keep Pursuing Debt-Limit Deal Amid Optimism for Resolution

By Bhavik Nair

May 19, 1:48 AM

President Joe Biden has reportedly urged his negotiators to keep following a debt-limit deal after House Speaker Kevin…

QQQ

2 minute read

‘Rich Dad, Poor Dad’ Author Hints ‘Crash Landing’ A Possibility For The Economy: ‘I Hope I am Wrong Yet That Is What I Believe’

By Bhavik Nair

May 18, 10:38 PM

"Rich Dad, Poor Dad" author Robert Kiyosaki has once again reiterated his bullish take on assets like gold, silver and Bitcoin (CRYPTO:

BTC

2 minute read

Biden, G7 Leaders To Discuss Ukraine War, Taiwan, North Korea Nuclear Threat, AI And More At Meeting In Hiroshima

By Piero Cingari

May 18, 4:25 PM

The G7 summit, held this year in the city of Hiroshima in Japan, will focus on strengthening Western nations' unity and cooperation against global geopolitical challenges.

DXJ

2 minute read

Reported Earlier, ‘U.S. Green Lights UN’s Venezuela Fund In Boost To Negotiations; Contributions To Its Humanitarian Fund For Venezuela Will Be Safe From Seizure By Creditors’ – BNN Bloomberg

By Happy Mohamed

May 18, 2:52 PM

https://www.bnnbloomberg.ca/us-green-lights-un-s-venezuela-fund-in-boost-to-negotiations-1.1922023

SPY