Biden’s Inflation Reduction Act Seen Cutting Up To $1.9 Trillion In Climate-Related Economic Damage, Latest Analysis Finds
August 23, 1:16 PM
The White House Office of Management and Budget (OMB) on Tuesday released its first published analysis of avoided climate-related social costs resulting from a piece of legislation.
S&P 500, Nasdaq Futures Trade Modestly Higher On Tuesday As Rate Hike Fears Keep Wall Street Muffled
August 23, 7:20 AM
Wall Street’s mood is still somber despite the steep declines seen in the past couple of sessions. The major U.S. index futures are pointing to a modestly higher open on Wall Street on Tuesday.
U.S. Manufacturing Index Likely To Ease Further To This Level In August, Here Are The Major Macro Issues For Tuesday
August 23, 6:08 AM
U.S. stocks closed sharply lower on Monday with Zoom Video Communications, Inc. (NASDAQ: ZM) reporting mixed quarterly results after the closing bell.
US Stock Futures Are Deep-Red: Analyst Sees Profit-Taking Bringing ‘Buying Opportunity’ As Traders Eye Fed’s Jackson Hole Event
August 22, 7:10 AM
Wall Street looks set to start the first trading session of the week on a markedly negative note, extending the downward momentum from Friday.
Shopping Through A Recession: How US Retail Sales Are Impacting Giants Such As Walmart, Target
August 21, 9:46 AM
After the gasoline index fell 7.7% in the month of July, consumers continued their shopping habits, despite rising prices at retailers and grocers.
Fed’s Barkin Among Biggest Macro Catalysts Today
August 19, 4:48 AM
U.S. stocks closed mostly higher on Thursday after The Estée Lauder Companies Inc. (NYSE: EL) reported better-than-expected quarterly earnings.
S&P 500, Nasdaq Futures Relay Cautious Optimism As Fed Speeches Loom; Cisco Takes Off On Earnings
August 18, 7:01 AM
Futures trading during the premarket hours is suggesting cautious optimism for Wall Street on Thursday, following the tech-led pullback seen in the previous session.
On Wednesday, the major averages gap-opened lower and languished mostly below the flat line, although the FOMC minutes that suggested future rate hikes could be less steep helped cut some losses.
U.S. Jobless Claims And Existing Home Sales Among Biggest Macro Catalysts Today
August 18, 4:25 AM
U.S. stocks closed lower on Wednesday after Target Corporation (NYSE: TGT) reported weaker-than-expected quarterly earnings.
Michael Burry Puts His Money Where His Mouth Is For Market Crash Prediction: But Did He Sell Too Soon?
August 17, 12:56 PM
Famed “Big Short” investor Michael Burry has taken an extremely bearish stance during the third quarter of 2022 — but was it too much?