Why A Corporate Debt’s Ticking Time Bomb Could Make A 2024 Recession Inevitable, Analyst Warns
Is a recession inevitable in 2024? Fidelity's Salman Ahmed warns of the impact of corporate debt and the Federal Reserve's policies.
7 Equity ETFs Excel In Goldilocks Environment While Market Ponders Fed Rate Hike Outcome
It has been a data-rich week, culminating with the Bureau of Labor Statistics releasing the August jobs report…
Manufacturing PMI Inches Higher, But Still Signals Industry Contraction, Cements Case For Interest Rates On Hold
The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI) saw a modest uptick to 47.6 in…
August Jobs Report Set To Move Markets: A Turning Point For Fed Policy?
After a week packed with economic updates, the most eagerly awaited report is slated for release this Friday…
Chinese Central Bank Vows Mortgage Rate Cuts: Investors Respond With ‘Not Enough’
In a bid to stem the mounting challenges within its real estate sector, China’s central bank, the People’s…
‘White House Asks Congress To Pass Short-Term Spending Deal, Boost Food Aid’ – WashingtonPost
https://www.washingtonpost.com/business/2023/08/31/white-house-congressional-spending-government-shutdown/
The White House on Thursday urged Congress to adopt a short-term measure to fund the federal government, a move
‘Biden Administration Cancels $72M In Student Debt For More Than 2,300 Borrowers’ – CNBC
https://www.cnbc.com/2023/08/30/biden-administration-cancels-72-million-in-student-debt-.html
The Biden administration announced on Wednesday it would forgive $72 million in student debt for more than 2,300 borrowers
Fed’s Top Inflation Gauge Drops Thursday: Why You Need To Watch The PCE Price Index
Investors have their radar focused on the July data of the Personal Consumption Expenditure (PCE) price index, due…
‘HHS Calls For Moving Marijuana To Lower-Risk US Drug Category’ – Bloomberg News
https://www.bloomberg.com/news/articles/2023-08-30/hhs-calls-for-moving-marijuana-to-lower-risk-us-drug-category#xj4y7vzkg
US health officials are recommending easing restrictions on marijuana, a move that sets the
Markets Waver On Mixed Economic Data: 5 ETFs Moving Wednesday
Markets embraced an unexpected turn of events as Wednesday’s U.S. economic data releases fell short of market expectations.…