Black Hot Fire Network
April 28, 2023
NEW YORK, April 28 (Reuters) – Economically sensitive areas of the U.S. stock market are flashing warnings over growth, even as major equity indexes edge higher. The S&P 500 is up 8.6% for the year after gaining 1.5% in April, thanks to roaring year-to-date
April 26, 2023
BENGALURU, April 26 (Reuters) – Indian shares reversed intraday losses on Wednesday, aided by broad-based gains across sectors amid a slew of earnings and as markets shrugged off rising recession fears in the United States. The Nifty 50 (.NSEI . . .
April 16, 2023
Comment on this storyComment The U.S. economy wobbled in the weeks following the collapse of Silicon Valley Bank, as consumers spent less, factories slowed their assembly lines and the nation’s bankers grew more cautious in making loans.
April 6, 2023
German Feb industry output rises more than forecast Shell climbs on higher LNG output expectations Zurich Insurance is second firm to quit climate alliance April 6 (Reuters) – European shares edged higher on . . .
TOKYO/SINGAPORE, April 6 (Reuters) – Oil fell on Thursday as weak U.S. economic data raised concerns over a potential global recession and demand reduction, but benchmark prices were headed for a weekly advance after OPEC+ announced further output cuts and U.S. oil stocks dropped. Brent crude futures fell 74 cents, or 0.9%, to $84.25 a […]
April 2, 2023
Scores of luxury homes are coming to major cities across the United States. Analysts at Yardi Matrix projected that more than 400,000 units were completed in 2022, and they expect another strong showing in 2023. Experts believe much of this new stock is built with upper-tier customers in mind. “You often see new housing branded as […]
March 31, 2023
NEW YORK, March 31 (Reuters) – U.S. stocks have soldiered on through a banking mess to notch solid first-quarter gains. Some investors say that performance could come under pressure if a widely expected recession hits. The benchmark S&P 500
March 25, 2023
Bond investors are piling into wagers that a US recession is around the corner amid a growing dissonance between how markets and the Federal Reserve see the outlook for the economy. The gap is particularly evident in the yield curve — a closely watched corner of the $24 trillion market — which is headed for […]
Black Americans have been hired much more rapidly in the wake of the pandemic shutdowns than after previous recessions. But as the Federal Reserve tries to soften the labor market in a bid to tame inflation, economists worry that Black workers will bear the brunt of a slowdown — and that without federal aid to […]
March 6, 2023
SYDNEY, March 7 (Reuters) – Bank of America (BAC.N) Chief Executive Officer Brian Moynihan said on Tuesday the U.S. economy would reach a technical recession starting in the third quarter. Moynihan told The Financial Review’s . . .