Economics Archives - Page 231 of 276

3 minute read

US Stocks Look Set To Carry Last Week’s Momentum Forward On Monday — Focus Now On Inflation Data, Q4 Reporting Season

January 9, 7:14 AM

Trading in the U.S. index futures points to a positive start by Wall Street stocks on Monday. With not much going around, traders may turn to a Fed speech, any potential preannouncements and energy prices for trading cues.

BABA

2 minute read

Elon Musk Warns Of More Pain As Commercial Real Estate Prices Pull Back To 2009 Levels

By Shanthi Rexaline

January 9, 2:30 AM

The housing market, which was the trigger point for the 2008 recession, is acting up yet again. The development is concerning given a majority of economists have begun discounting a moderate to severe recession. What Happened: Tesla CEO Elon Musk issued a premonitory warning over the weekend regarding more pain for the housing market.

CVX

2 minute read

Obama-Era Economic Adviser Christina Romer Thinks Policymakers Will Face Difficult Decision Over Rate Path: ‘Going To Need To Dial Back Before…’

By Bhavik Nair

January 8, 10:04 PM

Christina Romer, an economics professor at the University of California, Berkeley, and chair of the White House's Council of Economic Advisers (CEA) from 2009 to 2010, reportedly said

BND

3 minute read

Stock Market Pops After Latest Jobs Report, But New Data Shows Key Sectors Contracting

By Natan Ponieman

January 6, 1:21 PM

On Friday morning, the U.S. Labor Department released the latest jobs report for the month of December, and the stock market took the news positively.

AMZN

2 minute read

Fed’s Bullard Thinks Probability Of Soft Landing Is Up This Year: ‘Fight Inflation Now…Get It Back To 2%’

By Bhavik Nair

January 6, 8:02 AM

St. Louis Federal Reserve President James Bullard has reportedly expressed optimism that 2023 could finally bring relief from inflation and that the risk of a U.S. recession has come down in recent weeks.

BND

3 minute read

Nasdaq, S&P 500 Futures Narrowly Mixed Ahead Of Friday’s Jobs Data: Analyst Sees Fed Retaining ‘Rate-Raising Bias’ If Number Remains Strong

By Shanthi Rexaline

January 6, 7:03 AM

U.S. stocks look set for another nervous start on Friday, as the index futures traded narrowly mixed. The mood reflects the apprehensions of traders as they look forward to each piece of incoming economic evidence to draw cues on the Fed rate outlook.

COST