Economics Archives - Page 268 of 276

3 minute read

Nasdaq Futures Retreat Sharply As Investors Look Ahead To Retail Sales Data, FOMC Minutes; Apple Doesn’t Budge Despite Twin Price Target Hikes

August 17, 7:10 AM

The major U.S. index futures are pointing to a lower open on Wednesday following the mixed close in the previous session. At the time of going to press, the Dow Jones and S&P 500 futures were slipping 0.54% and 0.68%, respectively, and the Nasdaq 100 futures were down a steeper 0.81%.

AAPL

1 minute read

UK Inflation Hits Double Digit, Highest In 40 Years

By Vandana Singh

August 17, 7:10 AM

U.K. inflation accelerated more than expected in July to the highest level in 40 years, intensifying a squeeze on consumers and adding to pressure for action from the government and Bank of England.

ERUS

3 minute read

604% Revenue Increase: Flora Growth Reports Financial Results For First Half Of 2022

By Nicolas Jose Rodriguez

August 15, 7:06 PM

Flora Growth Corp. (NASDAQ: FLGC), a manufacturer and distributor of global cannabis products and brands, reported late Monday its financial and operating results for the six months ended June 30, 2022.

FLGC

2 minute read

High-Yield Savings Rate At Goldman Sachs Back To Pre-COVID-19 Pandemic Levels: What It Means For Consumers

By AJ Fabino

August 15, 6:39 PM

Some banks are starting to raise returns on high-interest savings accounts to pre-COVID-19 pandemic levels as stocks have recovered after inflation appeared to moderate slightly in August — to 8.5% — amid four straight increases in interest rates by the Federal Reserve.

ALLY

1 minute read

U.S. Total Shale Regions Oil Production For Sept Seen Up About 673,000 BPD At 93.835M BPD (vs 764,000 BPD Rise In Aug)

By Benzinga Newsdesk

August 15, 2:19 PM

-EIA Data

USO

1 minute read

USA NAHB Housing Market Index for Aug 49.000 vs 55.000 Est; Prior 55.000

By Benzinga Newsdesk

August 15, 10:01 AM

USA NAHB Housing Market Index for Aug 49.000 vs 55.000 consensus estimate. The prior reading was 55.000.

SPY

2 minute read

Goldman Sachs Analyst: Declining Price Trend Is Over Due To Low Oil Supplies, High Demand

By Robert Kuczmarski

August 12, 12:44 PM

Commodity prices have been behaving irrationally, according to a Goldman Sachs Group Inc. (NYSE: GS) analyst, citing further unsustainable price increases.

1 minute read

USA University of Michigan Consumer Sentiment for Aug 55.100 vs 52.500 Est; Prior 51.500

By Bill Haddad

August 12, 10:00 AM

USA University of Michigan Consumer Sentiment for Aug 55.100 vs 52.500 consensus estimate. The prior reading was 51.500.

SPY

3 minute read

S&P 500, Nasdaq Futures Point Higher As Investors Await Key Consumer Sentiment Data

By Shanthi Rexaline

August 12, 7:00 AM

U.S. index futures are pointing to a moderately positive open on Wall Street on Friday following the lackluster close in the previous session.

CODX

1 minute read

U.S. Import Prices Might Decline By This Much In July, Here Are The Major Macro Issues For Friday

By Lisa Levin

August 12, 4:46 AM

U.S. stocks closed mixed on Thursday following the release of PPI data for July. Shares of Walt Disney Co (NYSE: DIS) jumped around 4.7% on Thursday after the company reported better-than-expected Q3 results.

DIS