The numbers: Consumer sentiment soured in November, hitting its lowest level since July as Americans contended with continued inflation and a worsening economic outlook. The University of Michigan’s gauge of Read more
Tag: looms
Consumer sentiment hits lowest level since June as fear of recession looms
The numbers: Consumer sentiment soured in November, hitting its lowest level since July as Americans contended with continued inflation and a worsening economic outlook. The University of Michigan’s gauge of Read more
U.S. stock futures steady after sell-off as crucial inflation data looms
U.S. stock futures steadied Thursday following the latest sell-off as traders paused for breath ahead of crucial inflation data. How are stock-index futures trading S&P 500 futures ES00, +0.15% rose Read more
U.S. stocks poised to break four-day losing streak, as jobs data looms
U.S. stock futures were pointing higher on Friday, indicating Wall Street could break a four-day losing streak, though investors had one major hurdle to get through first — the nonfarm Read more
U.S. stocks poised to break four-day losing streak, as jobs data looms
U.S. stock futures were pointing higher on Friday, indicating Wall Street could break a four-day losing streak, though investors had one major hurdle to get through first — the nonfarm Read more
Treasury yields move lower as Fed decision looms
Bond yields fell on Tuesday as traders increased fixed income exposure ahead of Wednesday’s Federal Reserve policy announcement. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.441% slipped 6.6 Read more
Treasury yields climb as Fed decision looms
Bond yields rose on Monday as traders eyed the Federal Reserve’s rate setting decision due midweek. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.494% rose by 8.7 basis Read more
Millions of working Americans are living paycheck-to-paycheck — and running out of cash as another recession looms
Inflation is taking its toll on people’s emergency funds. The share of workers who say they are living paycheck-to-paycheck has surged among middle- to high-income earners — 63% and 49%, Read more
Breaching the U.S. debt ceiling would be a ‘disaster’ for Americans, expert says, as possible showdown looms if Republicans win midterms
A battle over the U.S. debt ceiling is brewing if Republicans take one or both chambers of Congress in the midterm elections on Nov. 8, analysts say, and the thought Read more
‘Material risk’ looms over stocks as investors face bear market’s ‘second act’
Stock-market investors have been adjusting to the jump in interest rates amid high inflation, but they have yet to cope with profit headwinds faced by the S&P 500, according to Read more