economic growth

Confounding US economic, inflation data muddy Fed’s rate path

Business
Jessica Roberts

By Howard Schneider (Reuters) – The Federal Reserve’s latest financial stability report was good news for anyone worried that a record run ...

Why stocks could still rise even as rate cut hopes fade

Business
Jessica Roberts

Investors are pushing back bets on when the Federal Reserve will begin cutting interest rates, but many Wall Street strategists believe this ...

Time running out for rate cuts, Jim Bianco warns before Fed meeting

Business
Jessica Roberts

“I’m in the camp that the Fed does not change policy in the summer of an election year,” the Bianco Research president ...

S&P 500 is ‘bizarrely overvalued’ and could crash 49% as recession sets in, elite strategist says

Business
Jessica Roberts

The S&P 500 may crash 49% when valuations normalize and a recession hits, Paul Dietrich said. B. Riley Wealth’s chief strategist flagged ...

China’s explosive growth over the past few decades is actually just a return to its historical norm, says Deutsche Bank

World
David Turner

China’s rapid economic growth in recent decades has restored its global GDP share to historical norms, per a Deutsche Bank report. The ...

Germany’s economy is on shaky ground and there are few signs of hope

Business
Jessica Roberts

Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner ...

The Economy Looks Sunny, a Potential Gain for Biden

Politics
Amanda Smith

WASHINGTON — A run of strong economic data appears to have finally punctured consumers’ sour mood about the U.S. economy, blasting away ...

Stocks rise as GDP growth beats, Tesla slides

Business
Jessica Roberts

US stocks rose on Thursday despite downbeat earnings from Tesla (TSLA) and following a hotter-than-expected US economic growth reading. Dow Jones Industrial ...

Elite investor Jeremy Grantham has warned stocks are in a bubble and could plunge by over 50%

Business
Jessica Roberts

Jeremy Grantham.REUTERS/Nicholas Roberts Jeremy Grantham has warned the S&P 500 could plunge by more than 50% from current levels to 2,200 points. ...

Jobless claims inch up to 220,000, layoffs still low

Business
Jessica Roberts

The numbers: The number of Americans who applied for unemployment benefits last week was barely changed at 220,000, indicating that layoffs remain ...