Economics Archives - Page 159 of 276

2 minute read

Traders Raise Bets On June Interest Rate Hike As Fed Officials Hints ‘We Are Not There Yet’: Dollar Strengthens, Treasury Yields Jump

May 18, 10:53 AM

Dallas Fed President Lorie Logan said Thursday that current data does not support a pause in interest rate hikes yet, leading market expectations for a Fed hike in June to increase again.

UUP

1 minute read

Weekly Jobless Claims Decline, Signaling Steady Labor Market Conditions

By Piero Cingari

May 18, 8:44 AM

The number of Americans registering for unemployment benefits in the week ending May 13 declined by 22,000 to 242,000, below the expected 254,000, the U.S. Labor Department reported Thursday.

SPY

3 minute read

Nasdaq, S&P 500 Futures Rise As Traders Eye Walmart Results, Debt-Ceiling Resolution: Analyst Says Brace For More Volatility

By Shanthi Rexaline

May 18, 6:31 AM

Futures point to a slightly positive start by Wall Street stocks on Thursday following the WMT) earnings, and…

AMAT

3 minute read

‘Some Senate Democrats Urge Biden To Prepare To Invoke The 14th Amendment To Tackle The Debt Limit’ – NBC News

By Happy Mohamed

May 17, 3:23 PM

https://www.nbcnews.com/politics/congress/senate-democrats-urge-biden-prepare-invoke-14th-amendment-lift-debt-li-rcna84935 Some Senate Democrats are circulating a letter urging President Joe Biden to prepare

SPY

2 minute read

Biden Says US Will Not Default Before Leaving For G7 Meeting; GOP Senator Says White House Playing ‘Russian Roulette’ With Economy

By Piero Cingari

May 17, 12:18 PM

The U.S. will not default on its debt as it faces a deadline to increase its borrowing limit and will not default in the future, President Joe Biden said in a White House speech Wednesday before departing for a G7 meeting in Japan.

SPY

2 minute read

Cruise Stocks Expect Tailwind Profits As Credit Card Travel Spending Runs Hot This Summer

By Piero Cingari

May 17, 12:10 PM

Carnival Corp. (NYSE: CCL), Norwegian Cruise Line Holdings Ltd.

CCL

1 minute read

‘Revuelto: Lamborghini’s First Hybrid Vehicle Available For Order In Canada’ – BNN Bloomberg

By Happy Mohamed

May 17, 10:21 AM

Lamborghini's first hybrid vehicle is now available for order in Canada. Speaking with BNN Bloomberg’s Paul Bagnell in an interview on Wednesday, Andrea Baldi, chief executive officer of Automobili

EWC