Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange on Thursday, April 25. Related: Analysts reset Facebook-parent Meta stock price targets amid post-earnings plunge Full Video Transcript Below: Read more…
Think about golf, and you picture sun-soaked fairways, perfectly manicured greens, and commentators providing play-by-plays in hushed, nearly reverent tones — hardly a place you’d expect to find a battleground brewing. But that’s just what Read more…
Part II: A Brief Review of Past Episodes of Stagflation Summary In the first installment of this series, we presented a simple framework to characterize stagflation and identified 13 instances in the United States since Read more…
Euro loses ground as European Central Bank signals rate cuts But only against US dollar – holds strong against pound and yen Eurozone GDP and inflation stats on Tuesday will decide what’s next Imminent rate Read more…
The dollar strengthened, and stocks fell after statistical data from the US. The focus was on the preliminary estimate of GDP for the first quarter. Annualised quarterly growth came in at just 1.6%, down from Read more…
The British is in positive territory on Thursday. In the North American session, GBP/USD is trading at 1.2492, up 0.23%. US GDP slows to 1.6% Is the US economy finally slowing down? Recent key indicators, Read more…
Growth in the U.S. economy slowed notably last quarter as consumers tightened their belts and companies ran down inventories amid concern about a broad slump in demand over the coming months. The world’s biggest economy Read more…
Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, April 25. Full Video Transcript Below: CAROLINE WOODS: I’m Caroline Woods reporting from Read more…
Markets Asian markets mostly started the day in risk-off modus after a disappointing outlook from tech bellwether Meta at its earnings report yesterday after the close of US markets. This also spilled over to European Read more…
Summary Real GDP grew at only a 1.6% annualized pace in Q1, held back by trade and inventories. Consumer spending in the service sector is not slowing, in fact, it is ramping up at a Read more…