Economics Archives - Page 254 of 276

2 minute read

‘We Remain Open To Negotiations’: Did Kremlin Comments Trigger Market Reversal Thursday After Hot CPI Data Sparked Steep Selloff?

October 13, 5:07 PM

Many were surprised to see the markets turn positive on Thursday after the Labor Department reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE:

SPY

3 minute read

4 Experts On What The 8.2% CPI Print Means For The Fed & The Markets: Could ‘Supersize’ Rate Hike Spark ‘Rude Awakening’?

By Adam Eckert

October 13, 11:33 AM

The Labor Department on Thursday reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE: SPY) tumbling lower.

AAPL

1 minute read

USA Continuing Claims 1.368M vs 1.365M Est; Prior 1.361M

By Benzinga Newsdesk

October 13, 8:31 AM

USA Continuing Claims 1.368 million vs 1.365 million consensus estimate. The prior reading was 1.361 million.

SPY

2 minute read

‘This Is Worrying’: Top Economist Warns Of Stress Building In Global Financial System

By Natan Ponieman

October 13, 7:07 AM

“This is worrying," tweeted Robin Brooks, chief economist at the Institute of International Finance, a global trade group composed of the 400 most important banks and financial institutions around the globe.

3 minute read

US Stocks Show Cautious Optimism As S&P 500, Dow Futures Surge Ahead Of Key CPI Data — Trump’s SPAC Partner, Applied Materials And Chip Stocks In Focus Today

By Shanthi Rexaline

October 13, 7:03 AM

The U.S. index futures are pointing to a higher opening on Wall Street, reflecting traders’ hopes that the consumer price inflation data may prove benign.

AMAT

1 minute read

Recession Due To OPEC+ Oil Output Cut? IEA Says It May Be Tipping Point For Pushing Global Economy Into Recession

By Vandana Singh

October 13, 6:58 AM

With unrelenting inflationary pressures and interest rate hikes, higher oil prices may prove the tipping point for a global economy already on the brink of recession, the International Energy Agency (IEA) said.

RSX

2 minute read

Janet Yellen Says US Working To Guard Against ‘Geopolitical Coercion’ By Russia, China

By Bhavik Nair

October 12, 9:12 PM

U.S.

AAPL

1 minute read

API Weekly Gasoline Stock A Build Of 2.008M; Distillate A Draw Of 4.560M; Cushing A Draw Of 0.750M

By Benzinga Newsdesk

October 12, 4:35 PM

- Reuters

USO

4 minute read

The Fed Is Skating To Where The Puck Was: Comparisons To Volcker’s 1980s Inflation Are ‘Conceptually Wrong,’ Says This Economist

By AJ Fabino

October 12, 3:55 PM

Unbeknownst to many, the gift for the 43rd anniversary of marriage is entertainment; to stretch it further, this fall marks the 43rd anniversary of a pivotal event in the history of the Federal Reserve and the U.S. economy.

SPY

2 minute read

Fed Minutes Warn Investors Interest Rates May Be Higher For Longer

By Wayne Duggan

October 12, 3:01 PM

Inflation remains the central bank's top priority, according to the September meeting minutes released Wednesday by the Federal Open Market Committee.

SPY