Fed Beige Book Warns Of ‘Little Growth In The Month Ahead,’ Sends Markets Lower
U.S. economic growth and business activity remains soft heading into 2023, according to the latest Federal Reserve Beige Book report on Wednesday.
US Stocks Flat Ahead Of Data Deluge — But Analyst Says Investors May Be In For A Surprise As Earnings Pessimism Overdone
U.S. stocks may get off to a nervous start on Wednesday, as apprehensions concerning fourth-quarter earnings and the state of the economy continue to weigh down.
Nasdaq, S&P 500 Futures Pull Back In New Trading Week As Recent Strong Gains, Earnings Worries Hurt Sentiment
Trading in the U.S. index futures suggests a weak start to the week after stocks rose solidly in the week ended Jan. 13. The negative sentiment underlines caution among traders as they look forward to the fourth-quarter earnings reports for trading cues.
BlackRock Vice Chair Hildebrand Sees Inflation Dropping ‘Very, Very’ Quickly — But Thinks Central Banks Won’t Stop Tightening
Philipp Hildebrand, vice chairman of BlackRock Inc (NYSE: BLK) reportedly said he expects inflation to decline rapidly and that
Elon Musk’s Warning Ahead Of Fed’s Feb. 1 Decision: ‘Higher The Rates, Harder They Fall’
Tesla CEO Elon Musk took to Twitter to recall the Federal Reserve's lowering interest rates in the aftermath of the 2007-09 Great Recession.
The billionaire also recounted how his flagship electric vehicle venture received timely help back then.
Wharton’s Jeremy Siegel Says There’s A Chance To Avoid A Recession If This Happens: ‘Inflation On Forward-looking Basis Is Very Low’
Following Thursday’s inflation data, Wharton Professor Jeremy Siegel said the risk-reward has gotten better for investors.