Economics Archives - Page 250 of 276

1 minute read

US Goods Deficit Might Widen To This Much In September, Here Are The Major Macro Issues For Wednesday

October 26, 4:51 AM

U.S. stocks closed higher on Tuesday with the Nasdaq Composite jumping more than 200 points amid gains in Microsoft Corporation (NASDAQ: MSFT) and Apple Inc (NASDAQ: AAPL) shares.

AAPL

1 minute read

Truman Nearly Doubles The Minimum Wage On This Day In Market History

By Elizabeth Balboa

October 26, 1:23 AM

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Oct. 26, 1949, President Harry Truman raised the minimum wage from 40 cents to 75 cents.

2 minute read

Stocks Don’t Always Go Up: New Data Reveals Investor Sentiment Is Hovering At Financial Crisis Levels

By Robert Kuczmarski

October 25, 3:31 PM

The probability that investors see of stock price gains in the year ahead have plummeted to levels not seen since prior to the 2008 Great Recession.

HOOD

1 minute read

US Home Price Index Likely To Decline By This Much in August, Here Are The Major Macro Issues For Tuesday

By Lisa Levin

October 25, 5:30 AM

U.S. stocks closed higher on Monday with the Nasdaq Composite jumping more than 90 points amid gains in Microsoft Corporation (NASDAQ: MSFT) and Apple Inc (NASDAQ: AAPL) shares.

AAPL

2 minute read

Former Fed Vice Chairman Roger Ferguson Thinks The Markets Have It Wrong And Rate Hikes Will Continue Into 2023

By Robert Kuczmarski

October 24, 12:36 PM

Roger Ferguson, former vice chairman of the Federal Reserve and former CEO of TIAA, joined CNBC’s ‘Squawk Box’ earlier Monday morning to discuss what he expects to come from the Fed.

SPY

2 minute read

Why Chinese, Hong Kong Stocks Are Tanking As Xi Jinping Consolidates Power

By Wayne Duggan

October 24, 11:58 AM

U.S.-listed Chinese stocks were crushed on Monday morning after the Chinese Communist Party concluded its national congress meeting over the weekend.

BABA

2 minute read

Why This Market Analyst Expects Santa Claus Rally To Take S&P 500 Back To August High

By Shanthi Rexaline

October 23, 12:00 PM

The market staged a strong comeback last week thanks to some better-than-feared earnings reports. The rebound has set tongues wagging about a potential inflection point.

SPY

2 minute read

Why Big Tech Earnings, October CPI Print Could Be Near-Term Market Drivers: Gene Munster On These 2 Catalysts

By Shanthi Rexaline

October 22, 4:01 PM

The U.S. market staged a strong rebound this week thanks to some strong earnings news flow.

AAPL

2 minute read

Biden’s Plan To Help Taxpayers At The Gas Pump Comes As Strategic Reserves Fall To 1984 Levels

By Robert Kuczmarski

October 21, 4:15 PM

President Joe Biden announced on Oct. 19 the release of 15 million barrels of oil from the strategic petroleum reserve (SPR) due to recent production cuts announced by the OPEC + coalition.

XOM

1 minute read

White House, Private Economists Expect More Than $1 Trillion Deficit In FY23; Government Receipts Rose To $4.9T In FY22, Up 21% From Prior Year

By Benzinga Newsdesk

October 21, 10:31 AM

-Dow Jones

SPY