5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Dow carries tear into Fed week Stock futures ticked higher Monday morning heading into …
Economy
A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point
With the Bank of Japan maintaining its ultra dovish stance of negative interest rates, the rate differentials between the U.S. and Japan’s central bank will persist, said Goldman Sachs economists. …
How ‘Bidenomics’ Came To Be, And How It Could Survive
In late June, when President Joe Biden took the stage at the Old Post Office building in Chicago to declare a “fundamental break” from the “trickle down” economic paradigm that …
10 years of rally in U.S. house prices could end, says Robert Shiller
“The fear of interest rate increases has influenced people’s thinking — it’s not just the homeowners, it’s new buyers who wanted to get in before the interest rates went up …
Large majority of Americans have strong reservations about A.I. emergence, CNBC survey shows
While the tech industry and the stock market enthusiastically back the emergence of artificial intelligence, the CNBC All-America Economic survey finds that the public has strong reservations, what you might …
Bidenomics spurred stronger GDP growth: Morgan Stanley
U.S. President Joe Biden gives a thumbs up as he walks with first lady Jill Biden to Marine One on the South Lawn of the White House July 14, 2023 …
Stocks making biggest moves midday: Scholastic, AutoNation, Herc
People look at vehicles at the AutoNation Toyota dealership in Cerritos, California. Mario Anzuoni | Reuters Check out the companies making headlines in midday trading. Scholastic — The publisher jumped …
Food security at risk as India bans rice export, Russia ends Black Sea grain deal – National
Three days after Russia withdrew from the Black Sea grain deal, the Indian government announced on Thursday that it will be stopping all exports of non-Basmati white rice with immediate …
B.C. port strike: Union to recommend settlement deal to members
Descrease article font size Increase article font size In a development that may end the B.C. port strike, the International Longshore and Warehouse Union Canada (ILWU) said Friday that it …
Fed officially launches new FedNow instant payments service
The U.S. Federal Reserve Building in Washington, D.C. Win Mcnamee | Reuters The Federal Reserve launched its FedNow instant-payments service Thursday, following several years of developing a system officials say …