Markets

Jennifer Sor A trader looks on while waiting for the initial price of Tencent Music Entertainment company’s IPO on the floor of the New York Stock Exchange (NYSE) in New York Thomson Reuters US stocks traded mixed on Wednesday as investors awaited the July CPI report. Markets are hoping cooler inflation will push the Fed… Continue reading US stocks fall as investors brace for July CPI report

There are five major bearish arguments for an imminent recession and a falling stock market.So far, all of these arguments have fallen flat, according to market veteran Ed Yardeni.Here’s why each of the bearish arguments have yet to put a dent in the stock market rally. Loading Something is loading. Thanks for signing up! Access… Continue reading These 5 bearish arguments have yet to derail the stock market rally

Natural gas prices surged as much as 9% on Wednesday as energy workers in Australia threatened to strike.Australia is the world’s second-largest exporter of liquefied natural gas, so potential work stoppages could threaten global supply of the commodity.Natural gas prices have surged 22% over the past week, but are still down 60% from a year… Continue reading Natural gas prices are soaring as energy workers in Australia look poised to strike, threatening global supplies

President Biden will announce an executive order that bans investments in some Chinese tech companies in 2024. The move escalates the White House’s efforts to limit Beijing from developing advanced military technology. It will also require Americans conducting business in China to inform the US government about it. Loading Something is loading. Thanks for signing… Continue reading It’s about to get harder for US firms to invest in Chinese markets

Food inflation has mostly been brought on by Russia, top economist Paul Krugman said. Russia’s invasion of Ukraine has disrupted agriculture and raised fertilizer and natural gas prices. “We would definitely see some relief if Vladimir Putin called this invasion off,” Krugman added. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Top economist Paul Krugman says food inflation has mostly been caused by Russia

Phil Rosen Gen Z is putting more stock into careers in finance, with one in four recent graduates considering the field a top career sector. Photo by ANGELA WEISS/AFP via Getty Images Stocks dropped Tuesday, with the Dow sliding more than 160 points and the Nasdaq shedding more than 120. Moody’s bank downgrades late Monday… Continue reading US stocks fall as Moody’s downgrades drag bank shares lower

There’s $1.8 trillion of corporate debt maturing over the next two years, Goldman Sachs estimated. Firms could be slammed with higher debt servicing costs as interest rates stay elevated. That could eat into corporate revenue and weigh on the US job market. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading US companies are barreling towards a $1.8 trillion wall of maturing corporate debt

Markets are pricing in higher odds of a soft landing and Wall Street has pulled back on recession forecasts. UBS strategists said the economy and financial markets aren’t yet in the clear, however. There are three hurdles to the US sticking a soft landing, the Swiss bank said.  Loading Something is loading. Thanks for signing… Continue reading Markets are betting on a soft landing – but the economy is facing 3 hurdles to the ideal outcome