Economics Archives - Page 35 of 276

2 minute read

US Manufacturing Activity Hits Highest Growth In 18 Months: ‘Clear Signs Of Improving Conditions’

April 1, 11:05 AM

US manufacturing activity in March 2024 exceeds expectations, triggering a dollar rebound and potential impact on Fed's rate cuts. Stocks weaken.

DIA

2 minute read

China’s March Manufacturing Growth Could ‘Dump Into Global Markets, Thus Triggering Deflation,’ Expert Warns

By Piero Cingari

April 1, 8:58 AM

Chinese manufacturing growth boosts stocks and metal prices, with optimism for global economy but caution for risks and ongoing challenges.

BABA

4 minute read

US Stocks Set To Start Fresh Week On Positive Note As Traders Take Inflation Data In Their Stride: Analyst Explains Why Rally Will Likely Extend Through 2024

By Shanthi Rexaline

April 1, 7:50 AM

U.S. stock futures point to a higher opening on Monday as the market reopens after a long weekend. The price consumption expenditure index released Friday showed that the Federal Reserve’s preferred inflation gauge rose in line with expectations.

BTC

2 minute read

Peter Schiff Warns Of Far More ‘Devastating Outcome’ Than 2008 Global Financial Crisis As He Slams Jerome Powell’s ‘Misguided’ Optimism

By Shanthi Rexaline

March 30, 4:07 PM

Inflation may not be headed toward the Fed's 2% target, said economist Peter Schiff as he questioned the central bank's logic in flagging rate cuts.

TIP

2 minute read

Jerome Powell Says Fed Doesn’t ‘Need To Be In A Hurry To Cut’ Interest Rates: Odds Of June Reduction Jump In Prediction Market

By Chris Katje

March 29, 12:55 PM

The monthly personal consumption expenditures (PCE) report Friday showed inflation rising in the month of February, which could impact the timing of future interest rate cuts by the Federal Reserve.

$MATIC

3 minute read

Sticky Inflation Persists: Fed’s Preferred Measure Climbs, Analysts Sound Off

By Neil Dennis

March 29, 10:20 AM

Annual inflation rate rose to 2.5% as expected in Feb, while personal spending unexpectedly increased. Analysts divided on impact and policy implications.

SPY

2 minute read

Baltimore Port Shutdown Triggers Coal Price Hike: Energy Information Administration Warns Of Export Disruptions

By Neil Dennis

March 28, 3:24 PM

Coal prices rise after Baltimore port closure due to bridge collapse; Consol Energy affected. Port is key coal export hub, metal imports also disrupted.

CEIX

2 minute read

Stocks Pause As Traders Reassess Interest Rate Path, Gold Makes New Highs, Bitcoin Rebounds: What’s Driving Markets Thursday?

By Piero Cingari

March 28, 1:49 PM

In the final session of the short trading week leading up to Easter festivities, U.S. equity indices held steady, reflecting some setbacks in market expectations regarding interest rate reductions.

AEM

2 minute read

Easter’s Bitter Surprise: Cocoa Is Up 240% In A Year – What Can A Ton Of The Chocolate Commodity Get You Today?

By Piero Cingari

March 28, 1:29 PM

Cocoa prices surged to a staggering $10,000 in the last week of March 2024, marking an unprecedented 240% increase from the previous year that’s bound to affect chocolate lovers this Easter.

BTC

2 minute read

“EIA says Baltimore Port Closure Could Dent U.S. Coal Export Volumes” – Reuters News

By Benzinga Newsdesk

March 28, 11:00 AM

https://www.reuters.com/world/us/baltimore-port-closure-could-dent-us-coal-export-volumes-eia-says-2024-03-28/#:~:text=March%2028%20(Reuters)%20%2D%20Halted,(EIA)%20said%20on%20Thursday. Halted shipping traffic from

ARCH