Goldman Sachs said the odds of a recession in the next 12 months have fallen to 20% from 25% earlier. It cited encouraging economic data, such as consumer sentiment and slowing inflation. The bank expects only one remaining interest rate hike in the Federal Reserve’s tightening cycle. Loading Something is loading. Thanks for signing up!… Continue reading The odds of a recession in the next year have fallen to just 20%, Goldman Sachs says
Stocks could get slammed by a rebound in inflation and weak corporate earnings, Wells Fargo wealth management CIO says
Inflation could rebound in the second-half of the year, according to Wells Fargo’s Darrell Cronk. The wealth and investment management CIO noted corporate earnings are weak, which could upend the rally in stocks. Already, the market has seen the largest decline in earnings growth since the 2008 recession, Cronk said. Loading Something is loading. Thanks… Continue reading Stocks could get slammed by a rebound in inflation and weak corporate earnings, Wells Fargo wealth management CIO says
Sen. Elizabeth Warren asks the SEC to investigate Tesla over possible conflicts of interest in Twitter ties
Sen. Elizabeth Warren has called on the Securities and Exchange Commission to investigate Tesla. She cites conflicts of interest related to CEO Elon Musk’s dual roles in Tesla and Twitter. Tesla’s board may also have limited independence from Musk, possibly amounting to a legal violation. Loading Something is loading. Thanks for signing up! Access your… Continue reading Sen. Elizabeth Warren asks the SEC to investigate Tesla over possible conflicts of interest in Twitter ties
What is the Dow Jones?
There are several ways to measure the performance of the stock market, including using the Dow Jones Industrial Average. But what is the Dow Jones? To be exact, the Dow Jones, which is also known as the Dow or the DJIA, is a price-weighted index of 30 of the most traded stocks on the New… Continue reading What is the Dow Jones?
Here are 5 questions investors should consider when jumping into the huge rally in the ‘Magnificent 7’ stocks this year
The “Magnificent Seven”mega-cap stocks accounted for 73% of gains in the S&P 500 in the first half. There are five key questions for investors looking at the heavily concentrated rally in stocks this year. Investors should avoid expensive and crowded tech names, and look for healthy balance sheets. Loading Something is loading. Thanks for signing… Continue reading Here are 5 questions investors should consider when jumping into the huge rally in the ‘Magnificent 7’ stocks this year
5 stats show how Russia’s economy is withering
Russia’s economy has deteriorated since Vladimir Putin ordered the invasion of Ukraine in February 2022. Its current-account balance has crashed, the ruble is weakening, and it’s status as an energy superpower has crumbled. At the same time, Russia’s domestic consumption and production are low. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading 5 stats show how Russia’s economy is withering
Russia’s economy has gone from bad to worse in a matter of months. Here’s where the country is feeling pain the most.
Russia’s economy is going from bad to worse as Western sanctions hammer the country’s key sectors. From slumping car sales to a plunging Russia ruble, the problems Russia faces keep on growing. Here are key signs showing how Moscow’s economy is spiraling. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Russia’s economy has gone from bad to worse in a matter of months. Here’s where the country is feeling pain the most.
These 10 stocks will be under-the-radar winners of the inevitable AI takeover, according to Bank of America
US Markets Loading… H M S Premium Many investors have scrambled to get exposure to AI this year. Guillaume/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Artificial intelligence has near limitless potential, but it’s unclear how big its impact will be. Investing in companies using AI… Continue reading These 10 stocks will be under-the-radar winners of the inevitable AI takeover, according to Bank of America
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