Economics Archives - Page 61 of 276

2 minute read

El-Erian Says Bond Market Is Now More Consistent With Economy Evading ‘Deep Recession’

January 4, 3:43 PM

Allianz chief economic adviser and well-known economist Mohamed El-Erian pays close attention to the bond market, as it can often be an indicator for future stock market performance and broader economic conditions.

IWM

3 minute read

EXCLUSIVE: Buy The Dip — There’s A Lot More Upside To Come, Says Marc Chaikin

By Neil Dennis

January 4, 3:29 PM

Marc Chaikin believes that stock market's shaky start in 2024 does not signify an end to the rally that began in late October.

AMZN

2 minute read

Tech Stocks Ease Further, Bond Yields Rise, Banks Outperform: What’s Driving Markets Thursday?

By Piero Cingari

January 4, 3:04 PM

The early 2024 sell-off has slowed down on Wall Street, with major indices showing flat or marginal performance at noon in New York on Thursday, except for the tech-heavy Nasdaq 100, which continued to drop.

BTC

4 minute read

“DEA Confirms That Psychedelic Mushroom Spores Are Federally Legal Prior To Germination” – Marijuana Moment

By Benzinga Newsdesk

January 4, 12:41 PM

A top Drug Enforcement Administration (DEA) has affirmed that spores that produce so-called magic mushrooms are not, on their own, federally prohibited.DEA's Drug & Chemical Evaluation Section Chief Terrence Boos was

CMPS

3 minute read

‘Mild Recession’ To Hit Homebuilders, Auto Stocks In Second Half Of 2024, Analyst Says

By Neil Dennis

January 4, 10:17 AM

Cooling labor markets and slowing consumer activity point to 'mild recession' in the second half of 2024.

DAN

4 minute read

Nasdaq, S&P 500 Futures Waver As Hawkish Fed Minutes Leave Investors Data-Watching: Analyst Thinks Weak Santa Claus Rally Signals ‘Potential Warning’

By Shanthi Rexaline

January 4, 8:21 AM

U.S. stock futures are slightly higher on Thursday following the lackluster performance seen in recent sessions.

AMD

4 minute read

“DEA Tells Congress It Has ‘Final Authority’ On Marijuana, Regardless Of Health Agency’s Schedule III Recommendation” – Marijuana Moment

By Benzinga Newsdesk

January 3, 3:46 PM

https://www.marijuanamoment.net/dea-tells-congress-it-has-final-authority-on-marijuana-regardless-of-health-agencys-schedule-iii-recommendation/The Drug Enforcement Administration (DEA) is telling lawmakers that it

ACB

2 minute read

US Stocks Eye 3-Day Slump; Tech, Crypto Sell-Off Deepens, Oil, Dollar Rebound: What’s Driving Markets Wednesday?

By Piero Cingari

January 3, 2:23 PM

The early 2024 sell-off is intensifying on Wall Street, with all major stock averages in the red on the second trading day of 2024.

BTC

2 minute read

US Manufacturing Takes A Hit: Longest Downturn Since Early 2000s, Yet Exceeds December Predictions

By Piero Cingari

January 3, 12:18 PM

US manufacturing sector contracts for 14th month, longest slump since 2000-2001. Production stabilized, but orders, employment & inventories still contracting.

SPY

2 minute read

Soft Landing? Don’t Bet On It Just Yet: Fed’s Barkin Indicates Further Rate Hikes Possible

By Piero Cingari

January 3, 11:49 AM

Richmond Federal Reserve President Tom Barkin delivered a mixed message about the U.S. economy in his recent speech,…

IWM