Economics Archives - Page 42 of 276

2 minute read

El-Erian Thinks Biden’s Economic Woes Could Be Self-Inflicted As Trump Gains Ground In Voter Confidence

February 12, 2:29 AM

On the communication front, Biden and his team have touted the progress made on the economic front, but this has not resonated with the American public.

TIP

2 minute read

‘Rich Dad, Poor Dad’ Robert Kiyosaki Warns Of Impending Banking Collapse And Global Economic Crash: ‘Buy Gold, Silver, Bitcoin’

By Rounak Jain

February 10, 4:14 AM

Robert Kiyosaki, author of "Rich Dad Poor Dad," recently warned of an impending economic crash and urged investors to invest in gold, silver, and King Crypto Bitcoin (CRYPTO:

BTC

2 minute read

S&P 500 Hits 5,000, Magnificent 7 Tops $13 Trillion, Commercial Real Estate Cracks Emerge: The Week In The Markets

By Piero Cingari

February 9, 5:08 PM

The S&P 500 index surged past 5,000, led by tech giants. Tesla falls to ninth in market cap, Novo Nordisk disrupts food industry, Ackman targets retail investors.

AAPL

5 minute read

Reported Earlier, ‘Biden-Harris Administration Announced It Expects To Invest Over $5B In Semiconductor-Related Research, Development, And Workforce Needs, Including In The NSTC, To Advance President Biden’s Goals Of Driving R&D In The U.S.’

By Benzinga Newsdesk

February 9, 4:13 PM

https://www.whitehouse.gov/briefing-room/statements-releases/2024/02/09/fact-sheet-biden-harris-administration-announces-over-5-billion-from-the-chips-and-science-act-for-research-development-and-workforce/The

AMD

2 minute read

S&P 500 Claims 5,000 As Tech Soars, Bitcoin Rockets Above $47,000: What’s Driving Markets Friday?

By Piero Cingari

February 9, 2:45 PM

Wall Street is poised to wrap another week of gains, with the S&P 500 index surpassing the 5,000 mark and the Nasdaq approaching 18,000 points.

BILL

3 minute read

El Salvador At Crossroads: IMF Deal Hinges On Bitcoin Rejection — Will Bukele Forgo His Dream?

By Piero Cingari

February 9, 1:19 PM

Unlocking necessary funding to grow its economy might cost El Salvador and President Nayib Bukele the abandonment of Bitcoin (CRYPTO: BTC).

BTC

2 minute read

Inflation Data Revisions Hold Steady In Q4: No News Is Good News?

By Piero Cingari

February 9, 10:03 AM

December CPI adjusted to 3.3%, with minor revisions; Jan. CPI expected to decrease to 3%. Fed likely to maintain rates in March, with possible cuts in 2024.

SPY

3 minute read

US Stocks Set To Open Higher, Finish Week Stronger Amid Mixed Earnings: Analyst Sees Another Leg-Up Ahead Of Historically Weak March

By Shanthi Rexaline

February 9, 8:32 AM

The upward momentum that has been in play in recent sessions could cushion the market, especially as most major indices are in uncharted territory.

AFRM

2 minute read

Peter Schiff Flags ‘Big Risk’ For Stock Market’s Record Run, Warns Of ‘False Belief’ About Inflation War

By Shanthi Rexaline

February 9, 4:06 AM

As against widespread belief that inflation will continue to trend downward, Peter Schiff sees risks from renewed pricing pressure.

TIP

2 minute read

Your Chocolate Cravings May Get Costlier: Cocoa Shortage Sends Prices Skyrocketing To All-Time Highs

By Benzinga Neuro

February 9, 3:54 AM

This shortage is expected to impact chocolate manufacturers like Hershey, which stated in its recent earnings report that "historic cocoa prices" are likely to impede earnings growth in 2024.

HSY