Economics Archives - Page 44 of 276

3 minute read

Nasdaq, S&P 500 Futures Stall As Rate Worries Dampen Earnings Cheer: Why This Analyst Isn’t Worried ‘Too Much’ About Short-Term Risks

February 7, 8:27 AM

The focus once again shifts to speeches by Federal Reserve officials, as traders seek clarity on the potential schedule for rate cuts.

ALL

2 minute read

New York Community Bancorp Plummets To 26-Year Lows On Commercial Real Estate Fears

By Piero Cingari

February 6, 5:46 PM

NYCB's stock plunges 22.15% Tuesday in wake of disappointing quarterly results and concerns about its high exposure to commercial real estate loans.

KRE

1 minute read

Is the Worst Over for the U.S. Economy? Deutsche Bank Says Yes!

By Lekha Gupta

February 6, 4:04 PM

Deutsche Bank (NYSE: DB) reverses recession forecast for FY24 in the U.S., citing improved economic indicators like cooling inflation and a balanced labor market. Despite revised growth projections of 1.9%, Deutsche Bank anticipates Fed rate cuts from June, aiming for a 100 basis points reduction in 2024, down from an earlier expectation of 175 bps.

2 minute read

Tech Slides, Chinese Stocks Rebound, New York Community Bancorp Tumbles: What’s Driving Markets Tuesday?

By Piero Cingari

February 6, 3:24 PM

At noon trading in New York, major equity indices on Wall Street remain directionless as traders evaluate the future course of monetary policy ahead of several speeches by Federal Reserve officials in the days ahead.

AMGN

2 minute read

Yellen Expresses Concerns Over Commercial Real Estate, Stablecoin Risks, Praises US Economic Strength: ‘Headed In Right Direction’

By Piero Cingari

February 6, 1:12 PM

Janet Yellen addresses concerns over commercial real estate and digital assets while expressing optimism for US economy and addressing national debt concerns.

CIO

2 minute read

‘Appeals Court Denies Trump Immunity In DC Election Case’ – CNBC

By Benzinga Newsdesk

February 6, 11:07 AM

https://www.cnbc.com/2024/02/06/trump-election-case-appeals-court-denies-ex-president-immunity.htmlFormer President Donald Trump does not have presidential immunity from prosecution on criminal charges related to

DWAC

3 minute read

US Stocks Brace For Another Day In The Red As Rally Loses Steam: Analyst Sees Market Pullback On This Indicator

By Shanthi Rexaline

February 6, 8:37 AM

The stock rally that propelled the S&P 500 and the Dow to record highs last week seems to have stalled, with Fed officials remaining non-committal about rate-cut plans.

AMGN

2 minute read

Stocks Fall As Traders Dial Back Rate Cut Bets; Dollar, Treasury Yields Rise: What’s Driving Markets Monday?

By Piero Cingari

February 5, 3:12 PM

Wall Street ends week on negative note as traders revise down expectations on Fed rate cuts. Strong economic data and Fed officials' comments push stocks into red, reducing rate cut expectations for 2024. Treasury yields and dollar strengthen. Small-caps hit hardest.

APD