Economics Archives - Page 55 of 276

2 minute read

Fed Gov. Waller’s Talk Tempers Rate Cut Hopes: Fed In No Rush, Rattles Investors

January 16, 5:56 PM

Federal Reserve Gov. Christopher J. Waller's recent comments at The Brookings Institution have significantly impacted market expectations regarding interest rate cuts.

IWM

3 minute read

Xi Jinping’s Second-In-Command Projects Confidence At Davos: ‘Chinese Economy Can Handle Ups And Downs’

By Natan Ponieman

January 16, 4:06 PM

At the World Economic Forum in Davos, China's second-in-command, Li Qiang, reassured global leaders about the resilience of the Chinese economy, stating it can handle fluctuations amidst current global challenges.

KWEB

2 minute read

US Stocks Drift Lower As Dollar, Treasury Yields Rise, AMD Defies Gravity: What’s Driving Markets Tuesday?

By Piero Cingari

January 16, 2:51 PM

The U.S. stock market resumed its decline on Tuesday following a one-day closure for Martin Luther King Jr. Day. The major indices were all in the red around midday trading in New York as investors continue to monitor corporate earnings season and prospects for future interest rates.

AMD

3 minute read

Iran Emerges From Shadows With Direct Strike In Iraq

By Neil Dennis

January 16, 2:43 PM

Iran attacks alleged Israeli espionage base in Iraq, first overt military action in Israel-Hamas conflict; world condemns it; markets little affected.

2 minute read

Shell Suspends Red Sea Shipments As Yemen’s Houthi Strikes Intensify: ‘An Attack On The Global Economy,’ Blinken Says

By Piero Cingari

January 16, 12:02 PM

Shell halts Red Sea shipments due to mounting security concerns amid increasing frequency of attacks by Yemen's Houthi rebels, fueling regional tensions.

BOAT

1 minute read

Reported Earlier ‘Asa Hutchinson Suspends 2024 Presidential Campaign’ – Axios

By Benzinga Newsdesk

January 16, 11:55 AM

https://www.axios.com/2024/01/16/asa-hutchinson-suspends-2024-presidential-campaignFormer Arkansas Governor Asa Hutchinson announced Tuesday that he is suspending his 2024 presidential campaign.The big picture: His

SPY

3 minute read

World Economic Forum 2024, Day 2: Zelenskyy Urges Stronger Sanctions Against Putin; Microsoft CEO Meets With WEF Chief

By Piero Cingari

January 16, 10:33 AM

Leaders at WEF 2024 discuss global unity, peace summit, economic outlook, China's growth, AI, and tech dominance on day 1. Day 2 to cover global politics and economy.

MSFT

2 minute read

No Recession In 2024? Institutional Investors Long On Magnificent 7, Small Caps

By Neil Dennis

January 16, 9:25 AM

Investors are confident about no recession in 2024, preferring tech giants, overweight on US equities, and expect Fed rate cuts and corporate earnings.

AAPL

3 minute read

Nasdaq, S&P 500 Futures Slide On More Bank Earnings Anxiety: Analyst Tells Why Markets May Still Hit New Highs In January

By Shanthi Rexaline

January 16, 8:27 AM

Traders will also keep a close eye on key economic data such as retail sales, manufacturing sector indicators, and housing market metrics.

3 minute read

Davos 2024 Day 1: Trump’s Shadow, Rate Worries, Ukraine Crisis, Israel Debate, Wealth Tax In Spotlight

By Piero Cingari

January 15, 11:22 AM

Annual Davos forum brings together global leaders to discuss pivotal issues shaping our world. Trump's absence still felt as discussions on his return and other topics, such as inflation and peace efforts, take place.

BLK