U.S. factory orders flat in August, as expansion in the manufacturing sector slows
admin Orders for manufactured goods were flat in August, the Commerce Department said Tuesday. The unchanged…
Read Moreindicators
Rising interest rates, economic slowdown and higher unemployment will drive U.S. households to sell more stocks in 2023: Goldman Sachs
U.S. households, the largest buyer of stocks since 2020, are expected to sell more equities…
Read MoreLabor market cooling? U.S. job openings sink to 13-month low and layoffs rise
The numbers: Job openings in the U.S. fell sharply in August to a 13-month low…
Read MoreOpinion: The Fed must act tough now to restore the credibility that it lost in a moment of weakness
CAMBRIDGE, England (Project Syndicate)—Financial markets’ reaction to the Federal Reserve’s latest policy move was reminiscent…
Read MoreOpinion: Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy
NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation…
Read More‘The figures were weak’: Construction spending falls in August, more than Wall Street analysts’ expectations
Outlays for construction projects fell 0.7% in August to $1.78 trillion, the Commerce Department reported…
Read MoreThis stock market strategist says the coming recession could be the biggest ever. ‘I recommend prayer.’
Keith McCullough, founder and CEO of Hedgeye Risk Management, isn’t one to mince words about…
Read More‘We don’t need as many employees’: Factories slow as rising interest rates rattle the economy
The numbers: A key barometer of American factories fell to a 28-month low of 50.9%…
Read MoreInflation is forcing people to use up their savings in a bad sign for the economy
Turns out Americans aren’t sitting on a big pile of savings to help them endure…
Read More
This stock-market strategist says the coming recession could be the biggest ever: ‘I recommend prayer’
Keith McCullough, founder and CEO of Hedgeye Risk Management, isn’t one to mince words in…
Read More