Economics Archives - Page 258 of 276

2 minute read

China Cashes In: Energy Companies Reroute US LNG Tankers For Profit

October 4, 12:46 PM

Since late August, China's strict zero-covid policy led to a full or partial lockdown of more than 70 cities. As a result, the demand for energy has fallen. What Happened: Shenzhen, one of the world's busiest container port cities, continues to experience lockdowns.

LNG

2 minute read

As Credit Suisse Woes Inspire Parallels To 2008 Financial Crisis, Analyst Says ‘Much Different Environment, Much Different Situation’

By Shivdeep Dhaliwal

October 4, 7:23 AM

A senior analyst with Bloomberg Intelligence, Alison Williams, said the “key issue” with Credit Suisse Group AG (NYSE: CS) is structural profitability and dismissed parallels drawn with the 2008 financial crisis which saw the

2 minute read

US Stocks Look Set To Rally As Futures Spike On Hope Of Fed Easing Hawkish Tone — Apple, Tesla, Rivian Shoot Up Premarket

By Shanthi Rexaline

October 4, 7:15 AM

The major U.S. index futures are pointing to a strong opening on Wall Street on Tuesday, as stocks attempt to carry on the momentum from the previous session.

AAPL

1 minute read

US Factory Orders Might Increase By This Much In August, Here Are The Major Macro Issues For Tuesday

By Lisa Levin

October 4, 4:36 AM

U.S. stocks closed higher on Monday with the Nasdaq Composite gaining more than 200 points amid a rise in Amazon.com, Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) shares.

AAPL

3 minute read

S&P 500, Dow Futures Begin Week On Upbeat Note But Credit Suisse Market Scare Gives Investors Jitters — Tesla, Energy Stocks In Focus

By Shanthi Rexaline

October 3, 7:11 AM

Major U.S. index futures have started the week on a mixed note after a dismal September.

1 minute read

British Pound Sees Relief Rally As PM Truss Ditches Tax Cuts For Super-Rich

By Bhavik Nair

October 3, 4:17 AM

The United Kingdom Prime Minister Liz Truss has dropped a plan to reduce taxes for the highest earners, giving some much-needed respite for the battered pound.

FXB

2 minute read

‘Big Short’ Investor Michael Burry On How Current Market Differs From Dot-Com Bubble Burst: ‘Only Way Out Is By Trampling Each Other’

By Bhavik Nair

October 3, 1:31 AM

Legendary investor Michael Burry, who famously bet against the housing market in the run-up to the 2008 financial crisis, is known to be skeptical about passive investing.

SPY

2 minute read

S&P 500 Closes Out The Third Quarter At New Lows: Can It Bounce Back?

By Wayne Duggan

September 30, 3:40 PM

The S&P 500 closed out a brutal third quarter on a low note this week, hitting new 52-week lows.

AAPL

2 minute read

Is Rent-A-Center Getting Ahead Of Bad News? PreMarket Prep Takes A Look

By Joel Elconin

September 30, 3:37 PM

It seems that every day investors get a warning sign the Federal Reserve's efforts to slow down consumer spending and the entire economy is coming to fruition.

RCII

2 minute read

‘Big Short’ Investor Michael Burry Reminisces Dow’s Largest Single-Day Fall In 2008: Wonders ‘If This Could Be Worse’

By Bhavik Nair

September 30, 10:17 AM

‘Big Short’ investor Michael Burry has expressed skepticism on the current global economic environment questioning whether it could be worse than the 2008 financial crisis.

AGG