Economics Archives - Page 22 of 276

3 minute read

Federal Reserve Takes Cautious Stand On Inflation, Powell Signals Preference For Rate Cuts Over Hikes

May 2, 9:45 AM

Federal Reserve Chairman Jerome Powell's remarks hint at a more patient and cautious approach to monetary policy, suggesting interest rates may hold steady longer than anticipated

SPY

4 minute read

Nasdaq, S&P 500 Futures Rise Ahead Of Apple Earnings: Why This Analyst Thinks ‘No Cut’ Scenario May Not Be Negative For Market

By Shanthi Rexaline

May 2, 6:52 AM

U.S. stocks look to push ahead on a positive path, now that the Federal Reserve’s rate decision is in the rearview mirror. Major index futures point to a positive open on Thursday.

AAPL

2 minute read

Ray Dalio Gives A Nod To Larry Summer’s Contention That Federal Reserve In A ‘Treacherous Environment’: ‘Should Be Very Cautious About Possible Rate Cutting’

By Benzinga Neuro

May 1, 11:42 PM

Renowned investor Ray Dalio has lent his voice to the growing concern over the Federal Reserve’s policy decisions. Dalio’s remarks align with those of former U.S. Treasury Secretary Larry Summers, who has been cautioning against potential rate cuts in the current economic climate.

BTC

3 minute read

Powell Keeps Hawks At Bay, Says Interest Rate Hike ‘Unlikely’: Stocks, Gold Rally, While Treasury Yields, Dollar Tumble

By Piero Cingari

May 1, 3:51 PM

Fed Chair Powell reassures markets, says rate hikes unlikely and inflation will move lower. Slower balance sheet runoff to mitigate market stresses.

QQQ

1 minute read

Fed Keeps Interest Rates Steady, Announces Slower-Than-Expected Pace Of Balance Sheet Runoff

By Piero Cingari

May 1, 2:22 PM

Federal Reserve keeps interest rates unchanged to maintain sustainable growth and control inflation, plans to gradually reduce balance sheet

UUP

2 minute read

US Stocks Mixed Ahead Of Fed Meeting, Chipmakers Tumble After AMD Earnings, Bitcoin Sinks: What’s Driving Markets Wednesday?

By Piero Cingari

May 1, 1:07 PM

Traders are treading cautiously in Wednesday’s session, seeking more clarity on the Federal Reserve’s stance with inflation reports exceeding expectations.

ALB

2 minute read

Manufacturing Activity Gauge Contracts Again In April: Commodity Costs Hit Producers

By Piero Cingari

May 1, 10:47 AM

The ISM Manufacturing PMI declined from 50.3% to 49.2%, marking a decrease of 1.1 percentage points decline and missing expectations of 50%.

SPY

2 minute read

Peter Schiff Slams US Monetary Policies As Starbucks Shares Tumble 13% In Pre-Market: ‘Rising Prices…Forcing Their Customers To Cut Back’

By Benzinga Neuro

May 1, 9:10 AM

Peter Schiff warned that inflation has turned premium coffee into a luxury that many consumers can no longer afford.

SBUX

4 minute read

Wall Street Set To Open Lower After AMD Earnings Disappoint As Traders Look To Fed’s Powell For Relief: Why This Analyst Sees Incoming Summer Rally

By Shanthi Rexaline

May 1, 6:44 AM

A negative sentiment might linger on Wall Street on Wednesday, as evidenced by stock futures, after Advanced Micro Devices, Inc.‘s (NASDAQ:AMD)

ALB

3 minute read

“Schumer Says DEA Marijuana Rescheduling Decision Is ‘Historic,’ But He Remains ‘Strongly Committed’ To Passing Banking And Legalization Bills” – Marijuana Moment

By Benzinga Newsdesk

April 30, 4:43 PM

https://www.marijuanamoment.net/schumer-says-dea-marijuana-rescheduling-decision-is-historic-but-he-remains-strongly-committed-to-passing-banking-and-legalization-bills/Senate Majority Leader Chuck Schumer (D-NY) says

ACB