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Econ #s

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USA Challenger Job Cuts for Nov 76.835K vs 33.843K Prior

By Benzinga Newsdesk
Today, 11:20 AM
USA Challenger Job Cuts for Nov 76.835 thousand vs 33.843 thousand prior reading.

SPY

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New Data Shows Wage Growth Is Down: Will It Be Enough To Get The Federal Reserve To Change Course?

By Adam Eckert
Today, 11:20 AM
As the Federal Reserve continues to grapple with historically high inflation, new data shows that wage growth may finally be headed lower after accelerating for nearly two years.

SPY

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OPEC November Oil Output Falls 710,000 Barrels/Day From October To 29.10M Barrels/Day After OPEC+ Cut Decision

By Benzinga Newsdesk
Today, 11:20 AM
Opec's Quota-bound Members Comply With 163% Of Pledged Cuts In November Opec's Quota-bound Members Undershoot Nov Output Target By 800,000 BPD Vs 1.36M BPD Shortfall In Oct

USO

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USA Pending Home Sales (MoM) for Oct (4.600)% vs (5.000)% Est; Prior (10.200)%

By Benzinga Newsdesk
Today, 11:20 AM
USA Pending Home Sales (MoM) for Oct (4.600)% vs (5.000)% consensus estimate. The prior reading was (10.200)%.

SPY

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Wharton Professor Jeremy Siegel Says 2023 Recession Odds ‘Virtually 100%’ If The Fed Doesn’t Pivot: Here’s What Needs To Happen

By Adam Eckert
Today, 11:20 AM
Wharton Professor of Finance Jeremy Siegel is anticipating a 0.50% rate hike from the Federal Reserve next month, but anything further and a recession is all but gu

SPY

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FOMC Minutes: Fed Staff Saw Unemployment Above Natural Rate In 2024, 2025

By Benzinga Newsdesk
Today, 11:20 AM
- Dow Jones Citing WSJ

SPY

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Fed Minutes: Participants Observed That, Despite Elevated Interest Rate Volatility And Indications Of Strained Liquidity Conditions, Functioning Of Treasury Securities Market Had Been Orderly

By Benzinga Newsdesk
Today, 11:20 AM
- Reuters

SPY

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Fed Minutes: Some Participants Remarked That More Restrictive Policy Was Consistent With Risk Management; Some Observed Rising Risk Of Overtightening

By Benzinga Newsdesk
Today, 11:20 AM
- Reuters

SPY

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Get Ready: ‘Recession Very Likely’ According To BofA’s 2023 Market Outlook

By Wayne Duggan
Today, 11:20 AM
Bank of America released its 2023 global economic outlook report on Sunday, and the firm's economists are anticipating recessions in the U.S., Europe and the U.K. in the coming year.

SPY

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Warren Buffett’s Favorite Housing Metric Just Flashed A Major Signal: What To Watch In The Housing Market

By AJ Fabino
Today, 11:20 AM
Berkshire Hathaway Inc (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett once explained one of the metrics he watches for a reversal in the housing market is a reduction of housing starts.

BRK-A

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