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Economics

Economics

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Nasdaq, S&P 500 Futures Stretch Gains After February Inflation Prints In Line With Expectations

By Shanthi Rexaline
Today, 2:06 AM
Trading in the U.S. index futures suggests stocks could strive to pick up some momentum after Monday’s listless performance.

FRC

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2 minute read
  • Economics
  • Federal Reserve

Peter Schiff Says ‘Powell Was Wrong;’ Why Fed Rate Hikes Are Fanning Inflationary Pressure Rather Than Curbing It

By Shanthi Rexaline
Today, 2:06 AM
Noted economist Peter Schiff has been critical of the government’s rescue plan for the tainted Silicon Valley Bank, owned by SVB Financial Group (NASDAQ:

SIVB

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How Have Bank Failures Impacted The Outlook For Interest Rates?

By Wayne Duggan
Today, 2:06 AM
In February, the U.S. Federal Reserve raised its target Fed funds rate by 0.25% to a new target range of between 4.5% and 4.75% as it attempts to get inflation under control.

SBNY

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1 minute read
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‘Russia agrees to extend Black Sea grain deal, but for only 60 days’ -AFP

By Bill Haddad
Today, 2:06 AM
https://twitter.com/AFP/status/1635312131469086723

CORN

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Why Silicon Valley Bank Collapsed: A Simple Explainer

By Adam Eckert
Today, 2:06 AM
Almost everyone has heard by now that one of the biggest banks focused on serving startups and innovative tech companies collapsed in a matter of days, but a lot of things played into its eventual destruction.

SIVB

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U.S. House Financial Services Committee Ranking Member Waters Says Both Parties Must Work Together On Banking Issue; We Have Come Up With A Way To Deal With Protecting Deposits

By Happy Mohamed
Today, 2:06 AM
- CNBC

SPY

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Biden’s 2024 National Security Budget Request Of $886 Billion Has $842B Earmarked For Pentagon

By Benzinga Newsdesk
Today, 2:06 AM
-Reuters

SPY

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President Biden Says Quick Administration Action Should Give Americans Confidence That U.S. Banking System Is Safe; FDIC Has Taken Control Of SVB, Signature Banks Assets

By Happy Mohamed
Today, 2:06 AM
- Press Conference 

SBNY

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  • Economics
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President Biden Delivers Remarks On The Economy (Livestream Link)

By Bill Haddad
Today, 2:06 AM
https://www.youtube.com/watch?v=dLVbVqqsXF8

SPY

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4 minute read
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Nasdaq Futures Climb Solidly After Past Week’s Rout: Analyst Flags Key S&P 500 Support To Stay Above October Lows

By Shanthi Rexaline
Today, 2:06 AM
After the market mayhem seen last week, some semblance of normalcy could return to Wall Street, thanks to the government’s move to assuage concerns in response to the banking crisis.

AMGN

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