The Fed is losing control
America's first inflation crisis in decades, combined with the Federal Reserve's aggressive interest rate hikes to combat it, has made for a topsy-turvy past couple years on Main Street and Wall Street alike. It has weighed on consumers and kept investors constantly second-guessing themselves.
2023-10-24 19:58
Marketmind: Big Tech reports as bond yields recoil
A look at the day ahead in U.S. and global markets from Mike Dolan Big Tech heavyweights Microsoft and Alphabet
2023-10-24 18:19
US Budget Deficit Doubles to $2 Trillion in Dire Warning for Washington
In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting
2023-10-24 17:55
Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting
2023-10-24 17:50
Cnooc Profit Drops on Lower Oil Price Despite Rising Output
Cnooc Ltd.’s profit dropped in the third quarter due to lower oil prices as China’s sputtering economic recovery
2023-10-24 17:48
Barclays Flags Cost Cuts as Traders Miss, UK Guidance Drops
Barclays Plc is planning to cut costs after the banking giant’s trading division missed estimates in the third
2023-10-24 16:25
Swedish Landlord Heimstaden Sees Stabilizing Property Values
Heimstaden Bostad AB, one of Europe’s biggest residential landlords, says property valuations are now showing signs of stabilization
2023-10-24 16:19
Goldman, Citigroup Drop Off Investcorp Capital’s Abu Dhabi IPO
Goldman Sachs Group Inc. and Citigroup Inc. have dropped off the planned Abu Dhabi initial public offering of
2023-10-24 15:47
UK Is Losing Jobs at the Sharpest Pace Since the Pandemic
The UK economy lost jobs again in the quarter though August, marking the longest drop in employment since
2023-10-24 15:16
Nigeria to Tighten Rules to Curb Raw Mineral Exports
Nigeria plans to tighten rules to reduce the export of raw minerals and encourage the shipment of processed
2023-10-24 14:57
Puma sticks to full-year profit forecast despite drop in Q3 earnings
(Reuters) -Shares in German sportswear brand Puma were expected to rise on Tuesday after it stood by its full-year profit
2023-10-24 14:55
Nidec Plunges Most Since 2011 After EV Malaise Hits Profit
Nidec Corp. slumped the most in more than 12 years after reporting quarterly earnings that missed estimates, underscoring
2023-10-24 14:47