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Tag: Business/Consumer Services

Dow turns positive, stocks pare losses as market heads for second weekly gain to kick off 2023

Dow turns positive, stocks pare losses as market heads for second weekly gain to kick off 2023

By adminPosted on January 13, 2023

U.S. stocks pared early losses on Friday with the Dow turning mildly positive as investors scrutinized more economic data and Federal Reserve commentary following Thursday’s promising inflation report, as well Read more

Tesla is a 'soft-landing' stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.

Tesla is a ‘soft-landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.

By adminPosted on January 13, 2023

Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December, while core Read more

Consumer sentiment jumps to 9-month high as inflation ebbs and stocks rebound

Consumer sentiment jumps to 9-month high as inflation ebbs and stocks rebound

By adminPosted on January 13, 2023

The numbers: A survey of consumer sentiment rose to 64.6 in January and hit a nine-month high, reflecting easing worries about inflation and Americans’ greater confidence in their own finances. Read more

These numbers make Delta Air Lines’ stock the best bet among U.S. carriers for 2023 and 2024

These numbers make Delta Air Lines’ stock the best bet among U.S. carriers for 2023 and 2024

By adminPosted on January 12, 2023

U.S. airlines will begin their flurry of fourth-quarter earnings reports on Jan. 12, when Delta Air Lines Inc. announces its results. But investors interested in the airline space might be Read more

Inflation slows again at the end of 2022 and clears path for slower Fed rate hikes

Inflation slows again at the end of 2022 and clears path for slower Fed rate hikes

By adminPosted on January 12, 2023

The numbers: The U.S. cost of living fell 0.1% in December and posted the first decline since the onset of the pandemic in 2020, pointing to a further slowdown inflation Read more

18 stock picks in a 'Goldilocks' scenario for U.S. consumers

18 stock picks in a ‘Goldilocks’ scenario for U.S. consumers

By adminPosted on January 10, 2023

It may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last year amid talk of a looming recession while the Federal Read more

Tesla stock wipes out three day bounce, hits lowest price in more than 2 years

Tesla stock wipes out three day bounce, hits lowest price in more than 2 years

By adminPosted on January 3, 2023

It has taken just one day for Tesla Inc.’s stock to erase the entire bounce it enjoyed over the last three days trading sessions of 2022, as disappointing deliveries data Read more

'Rogue Russia' is 2023's most dangerous threat: Eurasia Group

‘Rogue Russia’ is 2023’s most dangerous threat: Eurasia Group

By adminPosted on January 3, 2023

An isolated and humiliated Russia is the biggest danger of 2023, political-risk consulting firm Eurasia Group said Tuesday, unveiling its annual list of top geopolitical risks. “A humiliated Russia will Read more

One-third of world economy expected to be in recession in 2023, says IMF chief

One-third of world economy expected to be in recession in 2023, says IMF chief

By adminPosted on January 2, 2023

This year is going to be tougher on the global economy than 2022, the International Monetary Fund’s chief, Kristalina Georgieva, has warned. “Why? Because the three big economies, U.S., EU, Read more

These 20 stocks were the biggest losers of 2022

These 20 stocks were the biggest losers of 2022

By adminPosted on December 30, 2022

This has been the year of reckoning for Big Tech stocks — even those of companies that have continued to grow sales by double digits. Below is a list of Read more

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