Flash PMI data show U.S. economic downturn ‘gathering significant momentum’ in October, says S&P Global
admin The numbers: The S&P Global U.S. manufacturing sector rose slightly to 50.7 in October from…
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CSX set to boost rail network performance, say analysts
CSX, which delivered a third-quarter earnings beat and robust guidance last week, is well positioned…
Read MoreNio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves…
Read MoreThis hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
On the heels of last week’s bullish turn for stocks, the setup is looking slightly…
Read MoreHow last year’s housing market affected mortgage denials
The housing market in 2021 was one for the record books. With prices at historic…
Read MoreA bill in Congress wants to lower merchant ‘swipe’ fees, but will it kill your credit card rewards?
Credit card rewards are so common these days — so expected, even — that they…
Read MoreUnicorns and robots, oh my! Future advances in fintech may radically change how we invest, save and spend.
In many ways, 2022 marks the 10th anniversary of the fintech phenomenon. While companies such…
Read MoreHigher inflation is hijacking retirement savings
Inflation and higher costs of living are preventing many workers from saving more for retirement,…
Read MoreMortgage rates expected to fall as industry group predicts recession next year
NASHVILLE — A mortgage industry group is expecting a recession to hit the U.S. economy.…
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Meta stock downgraded at Bank of America amid concerns about Reels and the metaverse
Shares of Meta Platforms Inc. were falling in premarket action Monday after a Bank of…
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