Economic News

Stock Market

BofA is selling U.S. equities rally on worries that unemployment will be ‘shocking’ in 2023

Strategists at BofA Global Research said it is time to sell the U.S. stock market rally ahead of a potential…

Read More »
Stock Market

Opinion: High debts and stagflation will bring mother of all financial crises

NEW YORK (Project Syndicate)— The world economy is lurching toward an unprecedented confluence of economic, financial, and debt crises, following…

Read More »
Stock Market

Gold’s Gain Is Bitcoin’s Loss

For the past few years, the gold industry has been on the defensive against a new threat: cryptocurrencies. No longer.…

Read More »
Stock Market

Home Buyers Could Soon Get $1 Million Mortgage With 3% Down Payment

To qualify for a $1 million mortgage, Americans typically have to make a down payment of at least 20% of…

Read More »
Stock Market

Dow down nearly 200 points, S&P 500, Nasdaq waver on soft ISM manufacturing data, key inflation measure

U.S. stocks traded mostly lower in midday trading on Thursday with the Dow Jones Industrial Average falling nearly 200 points,…

Read More »
Stock Market

This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.

A day after the Dow DJIA, +2.18% climbed out of bear territory on hopeful comments by Fed Chairman Jerome Powell,…

Read More »
Stock Market

The Dow ‘exits’ bear-market territory. Here’s why investors should take it with a grain of salt

After outperforming both the S&P 500 and Nasdaq Composite in November, the Dow Jones Industrial Average has exited bear-market territory,…

Read More »
Stock Market

Dow ends over 700 points higher to exit bear market after Powell signals smaller interest-rate hikes ahead

U.S. stocks finished sharply higher on Wednesday, with the Dow Jones Industrial Average rising over 700 points to technically exit…

Read More »
Stock Market

Elon Musk Has Advice for the Fed. The Central Bank Might Want to Take It.

Elon Musk has advice for the Federal Reserve: Cut interest rates or else. He runs a huge manufacturing organization. The…

Read More »
Stock Market

BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023

Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term…

Read More »
Back to top button
Close