Economics Archives - Page 251 of 276

2 minute read

US Stocks Headed For Another Tough Day Amid Mixed Earnings, Rate Worries — Tesla Extends Losses, Snap Drags Social Media Stocks Lower

October 21, 7:17 AM

U.S. stocks could languish for a third straight session on Friday, early trading in index futures show. Earnings news continues to be mixed and the uncertainty around the economic outlook could also weigh down on sentiment.

AXP

1 minute read

Fed’s John Williams Among Biggest Macro Catalysts Today

By Lisa Levin

October 21, 4:48 AM

U.S. stocks closed lower on Thursday with the Nasdaq Composite dropping around 0.6% amid a decline in Tesla, Inc. (NASDAQ: TSLA) shares.

TSLA

2 minute read

Larry Summers Calls Terminal Rate Crossing 5% ‘A Milestone:’ What He Says About Potential Of Further Rise

By Bhavik Nair

October 21, 2:16 AM

Former Treasury Secretary Lawrence H.

BND

2 minute read

Elon Musk Says US In ‘Pretty Good Health’ But China, Europe Experiencing Recession ‘Of Sorts’

By Navdeep Yadav

October 20, 10:39 AM

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said China is experiencing a slowdown similar to a recession driven by the slump in the…

TSLA

3 minute read

As Prices Rise, Workers Look For Second Job Or Side Hustle: How Inflation Is Shifting Labor Market

By Natan Ponieman

October 20, 8:26 AM

In a time of “difficult choices, economic pain and higher interest rates,” the American workforce is exploring new alternatives in order to get by.

3 minute read

Nasdaq, S&P 500 Futures Slip As Mixed Earnings Report, Economic Worries Keep Sentiment Subdued — Tesla, Nokia Plunge Premarket

By Shanthi Rexaline

October 20, 6:57 AM

The major U.S. index futures are pointing to a mixed open on Thursday, as traders pause following a two-session rally early in the week. Mixed earnings could temper the market mood even as recession fears intensify

1 minute read

US Weekly Jobless Claims Likely To Increase To This Level, Here Are The Major Macro Issues For Thursday

By Lisa Levin

October 20, 2:59 AM

U.S. stocks closed lower on Wednesday with the Nasdaq Composite dropping around 90 points amid a decline in Amazon.com, Inc. (NASDAQ: AMZN) shares.

AMZN

2 minute read

Fed Expects Inflation To Moderate — And Has This To Say On Economic Activity

By Bhavik Nair

October 20, 2:31 AM

The U.S. Federal Reserve stated in its Beige Book that it expects price increases to generally moderate, just two weeks before the central bank is scheduled to hold its monetary policy meeting and likely hike interest rates by 75 basis points.

BND

2 minute read

Cathie Wood Picks Apart Fed’s Hawkish Policy Again: ‘Elon Musk, Jeff Gundlach Echoed Our Concerns About Deflation Risk’

By Bhavik Nair

October 19, 9:43 PM

Cathie Wood, the founder of ARK Investment Management, reiterated her belief that the U.S. Federal Reserve is making unanimous decisions based on laggi

ARKK

1 minute read

Jeff Bezos Nods To Goldman CEO’s Warning: ‘Probabilities In This Economy Tell You To Batten Down Hatches’

By Shivdeep Dhaliwal

October 19, 9:07 PM

Amazon.com, Inc (NASDAQ: AMZN) Chair Jeff Bezos is expecting stormy weather in the economy and wants to “batten down the hatches.”

AMZN