Macro Economic Events Archives - Page 24 of 129

3 minute read

‘Meaningfully Stronger’ US Economy Dismantles Slowdown Fears, Boasts 3.3% Growth In Q4 2023

January 25, 12:29 PM

The US economy grew by 3.3% in Q4 of 2023, surpassing expectations by a significant margin. Economists predict continued growth in 2024, led by consumer spending and a strong labor market.

SPY

3 minute read

Treasury Glut: Can Investor Demand For US Bonds Keep Pace With Supply Increases?

By Neil Dennis

January 25, 10:09 AM

The U.S. Treasury is expected to confirm further increases in government bond supply in its first quarterly refunding announcement of 2024.

GOVT

2 minute read

Stock Market Extends Record Highs, S&P 500 Hits 4,900 On Tech Rally, Microsoft’s $3 Trillion Mark: What’s Driving Markets Wednesday?

By Piero Cingari

January 24, 3:38 PM

It’s a bullish day on Wall Street, with major U.S. large-cap indices reaching record highs, driven by broad-based rallies in tech-related stocks as investors continue to embrace the AI trade.

AAPL

3 minute read

“American Medical Association Says Safe Drug Consumption Sites ‘Save Lives’ By Reducing Risky Behaviors And Overdose Deaths” – Marijuana Moment

By Benzinga Newsdesk

January 24, 10:43 AM

https://www.marijuanamoment.net/american-medical-association-says-safe-drug-consumption-sites-save-lives-by-reducing-risky-behaviors-and-overdose-deaths/In a little-noticed section of a report on the nation's worsening

ACB

1 minute read

‘SEC Wants To Make Sure SPAC Investors Know What They’re Getting Into; New Rules Aim To Make Special-Purpose Acquisition Company Deals More Like Traditional IPOs’ – WSJ

By Benzinga Newsdesk

January 24, 10:18 AM

https://www.wsj.com/finance/regulation/sec-wants-to-make-sure-spac-investors-know-what-theyre-getting-into-510aca30 WASHINGTON—The speculative mania in special-purpose acquisition companies, better known as SPACs,

SPY

1 minute read

‘President Biden Aims To Stop Countries From Exploiting Americans’ Data For Blackmail, Espionage; White House Worried About AI Being Used To Mine Information’ – Bloomberg News

By Benzinga Newsdesk

January 23, 10:55 AM

https://www.bloomberg.com/news/articles/2024-01-23/biden-seeks-to-stop-countries-from-exploiting-americans-data-for-espionage

SPY

3 minute read

Senator Tries To Slam Biden – Then Gets Blasted On X Over US Energy Production Claims

By Neil Dennis

January 23, 9:41 AM

Sen. Blackburn faces backlash for politicizing energy data and criticizing Biden's policies, while ignoring factors like wars and industry investments. Gas prices remain relatively low and US is a net oil exporter. Critics call out for turning the market into a political battleground.

CVX

2 minute read

China’s Growth Stumbles But It Still Offers ‘Enormous Advantages’ For Investors, Says Expert

By Benzinga Neuro

January 23, 6:40 AM

Richard Fontaine, in an op-ed, stressed that the U.S. must focus on strengthening its position to effectively counter China's rise.

BABA

3 minute read

‘Israel Proposes 2-Month Fighting Pause In Gaza For Release Of All Hostages’ – Axios

By Benzinga Newsdesk

January 22, 4:08 PM

https://www.axios.com/2024/01/22/israel-hamas-gaza-ceasefire-hostagesIsrael has given Hamas a proposal through Qatari and Egyptian mediators that includes up to two months of a pause in the fighting as part of a

EIS

3 minute read

S&P 500 Index Reaches All-Time Highs: AI, Rate Cut Hopes Cement The Milestone

By Piero Cingari

January 19, 3:12 PM

The S&P 500 Index recorded a new all-time-high, spurred by Fed Chair Jerome Powell's verdict at the FOMC, cooling inflation, and tech stocks' performance.

AAPL