The U.S. economy has shifted from a “rolling recession” to a “rolling recovery,” according to market veteran Ed Yardeni. Since March of last year, the Federal Reserve has raised the federal funds rate by five percentage points and is likely to increase it by another 50 basis points by the end of this year. Despite […]

An Hour Ago Samsung, SK Hynix rises on report of U.S. allowing Korea and Taiwan’s chipmakers to stay in China Shares of Samsung Electronics and Taiwan Semiconductor Manufacturing rose on Tuesday after the Wall Street Journal reported the U.S. government plans to allow Korea and Taiwan’s chipmakers to maintain their operations . . .

EU raises growth forecasts – and other top economy stories  World Economic Forum Source link

Sales up 22.9% in Q4, beat forecasts Says sees sustained interest in China Strong performance in the United States PARIS, Feb 17 (Reuters) – Birkin bagmaker Hermes

Charley Gallay/Getty Images Media conglomerate beats Wall Street expectations for December 2022 quarter Disney+ lost a net 2.4 million subscribers in the last three months of 2022 — marking the streaming service’s first decline since launching in late 2019 — while the Mouse House’s quarterly earnings topped Wall Street estimates, thanks to a surge in […]

A key gauge of US inflation continued to moderate last month while spending stagnated, extending a welcome easing in price pressures but far short of the moderation the Federal Reserve is seeking to pause interest-rate hikes. The personal consumption expenditures price index excluding food and energy, which Fed Chair Jerome Powell has stressed is a […]

Dec 9 (Reuters) – U.S. natural gas futures jumped 5% to a one-week high on Friday on forecasts for much colder weather and higher heating demand through late December than previously expected. In the spot market, U.S. West Coast power and gas prices have more than doubled over the past couple of weeks – with […]

TOPEKA — Corporate executives with political beliefs aligned with the person serving as president of the United States tend to express that partisan affinity with more optimistic business forecasts and disclosures, university researchers say. Research published by faculty at the University of Kansas and San Diego State University indicated business officers, whether identified as supporters […]

A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen Register now for FREE unlimited access to Register July 26 (Reuters) – U.S. natural gas futures jumped to a 14-year high on Tuesday on forecasts for hotter weather and higher […]

A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York October 15, 2014. REUTERS/Lucas Jackson/File Photo Register now for FREE unlimited access to Register NEW YORK, June 16 (Reuters) – Concerns are growing that U.S. corporate earnings are increasingly at risk from dizzying inflation, […]

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