U.S. stocks could fall 10% as ‘pain trade’ takes hold before bouncing back later in the year
admin The year ahead is promising not to be an easy one for investors as a…
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Dow turns positive, stocks pare losses as market heads for second weekly gain to kick off 2023
U.S. stocks pared early losses on Friday with the Dow turning mildly positive as investors…
Read MoreTesla is a ‘soft-landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.
Pour one out for the beleaguered economists, who for once got an important indicator, the…
Read MoreConsumer sentiment jumps to 9-month high as inflation ebbs and stocks rebound
The numbers: A survey of consumer sentiment rose to 64.6 in January and hit a…
Read MoreU.S. import prices rise for first time in six months
The numbers: The cost of U.S. imported goods rose 0.4% in December to mark the…
Read MoreGerman economy slowed in 2022 as high energy prices took a toll
The German economy lost momentum in 2022 as the country faced multidecade high inflation rates…
Read MoreInflation is easing, but the prices of these groceries are expected to soar in 2023 — including one whose price rose nearly 60% in December
General inflation is easing, but the prices of some food items are not going down…
Read MoreSt. Louis Fed’s Bullard calls latest inflation data ‘encouraging’
St. Louis Fed’s Bullard calls latest inflation data ‘encouraging’
Read MoreTreasury yields fall after U.S. inflation data
Treasury yields fell Thursday, after an eagerly awaited U.S. December consumer-price index reading showed inflation…
Read MoreJobless claims show no spike in layoffs
The numbers: Initial jobless claims fell by a seasonally adjusted 1,000 to 205,000 in the…
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