It’s the day after Thanksgiving and you’re part of the Black Friday crowd rushing into to Best Buy Co Inc. (NYSE: BBY) to catch the latest deals it has on gifts that your tech-savvy friend or family member would love to have.
Former Treasury Secretary Lawrence H. Summers has said the markets are uncertain about what the U.S. Federal Reserve will do in the current economic environment which is witnessing a two-sided risk.
Bank of America released its 2023 global economic outlook report on Sunday, and the firm's economists are anticipating recessions in the U.S., Europe and the U.K. in the coming year.