Stock futures traded modestly higher Wednesday after another hot inflation reading sent the major averages tumbling to their worst day since June 2020 and dampened investors’ expectations of a less hawkish Federal...
Editorial Staff
Inflation Sets the Scene for the Fed: What to know this week
The week ahead will be all about inflation. Tuesday morning will bring investors the closely-watched Consumer Price Index (CPI) for August, which will likely solidify in investors’ minds whether the Federal...
Elon Musk Makes a Dire Prediction About the Economy
The billionaire thinks a bold move by the Fed may be more devastating to the economy than current inflation. Inflation is by far the word of the year 2022. Soaring prices of goods and services are at their highest...
Warren Buffett Has 74% of Berkshire Hathaway’s Portfolio in Just 5 Stocks. Should You?
Warren Buffett knows how to invest. As chairman and CEO of conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), he has generated billions in investment gains for himself and Berkshire shareholders...
Goldman Lifts Forecasts for Fed Hikes in September and November
Goldman Sachs Group Inc. have lifted their forecast for the pace of interest rate hikes by the Federal Reserve. The US lender now expects the Fed to hike by 75 basis points this month and 50 basis points in...
U.S. Stock Futures Edge Higher Ahead of Key Speech from Fed
U.S. stock futures inched higher Wednesday, ahead of a key speech from Federal Reserve Vice Chair Lael Brainard and the release of the latest Fed-compiled look at the U.S. economy. What’s happening Futures on the Dow...
Stocks Higher, Week Ahead, CVS, Bed, Bath & Beyond, California Power Crisis – Five Things to Know
Stock futures higher, dollar holds firm; week ahead: Powell speech, Apple launch in focus; CVS Health buys signify for $8 billion; Bed, Bath & Beyond tragedy sends shares sharply lower and California declares grid...
Stocks Flat, Jobs Data, Starbucks, Lululemon And Broadcom In Focus – Five Things To Know
Stock futures flat as jobs data looms; Wage growth in focus as hiring slows, but remains firm; Starbucks taps Reckitt CEO to replace interim boss Schultz; Lululemon shares leap on Q3 earnings, 2022 outlook and Broadcom...
Economist Predicts a ‘Whopper’ of Recession in 2023 — And Not Necessarily Due to Higher Interest Rates
Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under control. Steve...
Stocks Extend Slump, Week Ahead, Oil, Bitcoin And Artemis I – Five Things To Know
Stock futures extend slide after Powell’s inflation reality check; Week Ahead: Jobs data in focus as September headwind looms; Oil prices extend gains on supply concerns; Bitcoin slumps back below $20,000 and...
