Economics Archives - Page 249 of 276

3 minute read

If The Drop In Demand Is Real, Why Is UPS Handling It So Much Better Than FedEx?

October 30, 4:41 PM

After FedEx (NYSE: FDX) released its earnings for the fiscal first quarter last month, investors began to pay close attention to the transportation giant’s performance as a possible gauge

FDX

2 minute read

Goldman Sachs Raises Peak Fed Rate Estimate To 5% With Hikes Extending Beyond February: Report

By Shanthi Rexaline

October 30, 1:56 PM

Some of the market optimism seen in recent sessions could be traced back to hopes that the Federal Reserve could either pause or pivot.

SPY

2 minute read

Are Less People Living Paycheck To Paycheck? BofA Thinks So, Here’s Why

By Robert Kuczmarski

October 28, 4:48 PM

Due to stimulus payments and a period of decreased spending during the height of the 2020 pandemic, Bank of America Corp (NYSE: BAC) revealed that only 12% of its customers have account inflows 85% or less of their outflows.

BAC

2 minute read

New Home Sales Hampered By Q3 GDP: Does This Indicate The Fed’s Plan Is Working?

By Robert Kuczmarski

October 28, 1:52 PM

As the U.S.

GLRE

2 minute read

Larry Summers Says Consensus View That Inflation Will Come Way Down Is ‘Outside Range Of Normal Historical Experience’

By Bhavik Nair

October 27, 10:48 PM

Former Treasury Secretary Lawrence H.

BND

2 minute read

Janet Yellen Says Q3 GDP Data Shows Economic Strength — But Also Signs Of Healthy Slowdown

By Bhavik Nair

October 27, 9:30 PM

U.S. Treasury Secretary Janet Yellen said on Thursday that new GDP data indicates strength in the U.S. economy but also some signs of a healthy slowdown which could have a positive impact on taming high inflation, reported Reuters.

BND

1 minute read

US GDP Might Increase By This Much In Third Quarter, Here Are The Major Macro Issues For Thursday

By Lisa Levin

October 27, 3:35 AM

U.S. stocks closed mostly lower on Wednesday with the Nasdaq Composite dropping more than 200 points amid gains in Microsoft Corporation (NASDAQ: MSFT) and Amazon.com, Inc. (NASDAQ: AMZN) shares.

AMZN

2 minute read

As Bond Yields And Dollar Fall, Top Economist El-Erian Says Fed May Not Want ‘Self-Feeding Loosening Of Financial Conditions’

By Bhavik Nair

October 27, 2:18 AM

U.S. bond markets rallied on Wednesday, with the yield on the 10-year benchmark Treasuries falling close to 4%, as expectations regarding a less aggressive Federal Reserve began growing.

BND

3 minute read

EXCLUSIVE: What Is The Biggest Risk To The Markets Right Now? 2 Strategists Weigh In

By AJ Fabino

October 26, 7:31 AM

Stocks advanced on Tuesday as weak economic data suggested that the Federal Reserve's hawkish monetary policy is having an impact and benchmark Treasury yields were falling, which fueled the surge. Tuesday’s moves add to the rallies in previous sessions that have driven the S&P 500 4% higher in the last five trading periods.

NFLX

2 minute read

As Markets Worry Over Xi Jinping, ‘Big Short’ Fame’s Michael Burry Notes Drastic Drop In Hang Seng Valuation Despite GDP Surging 18x From 1997

By Bhavik Nair

October 26, 6:42 AM

On Monday, Hong Kong’s benchmark index Hang Seng fell below the 15,000 mark for the first time since April 2009 as investors continued to flee mainland Chinese stocks following President Xi Jinping’s

BABA