Goldman Sachs cuts US growth forecast amid Delta variant spread
WASHINGTON (BLOOMBERG) – Goldman Sachs Group economists revised down their forecast for growth in the United States economy this year, pointing to a “harder path” […]
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UPDATE 2-Euro zone bond yields stuck near seven-week highs, inflation expectations rise
* Bond yields hold near multi-week highs * Euro Zone 5y5y break even inflation at 3-yr high * All eyes on ECB meeting this Thursday […]
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Green bond sales head for record as more nations set for debuts
LONDON (BLOOMBERG) – The green bond market is hotting up again with investors bracing for a potentially record month of sovereign sales. Spain, Colombia and […]
Continue reading »UPDATE 1-German Bund curve steepens as strong business surveys come in
(Adds graphic, updates prices) LONDON, Sept 3 (Reuters) – German 30-year government bond yields saw their gap over benchmark Bunds hit the widest level in […]
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Singapore retail sales see marginal 0.2% rise in July as F&B takings get hit
SINGAPORE – Retail sales in Singapore saw a marginal rise in July from a year ago, with food and beverage services taking a hit due […]
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China is deliberately breaking the back of the world’s biggest financial bubble
The elephant in the global room is China’s ferocious property squeeze. Xi Jinping is deliberately breaking the back of the world’s biggest financial bubble. The […]
Continue reading »Ida hits Northeast causing widespread flooding, power outages; airlines cancel flights
Fox Business Flash top headlines for September 2 Check out what’s clicking on FoxBusiness.com. The remnants of what was once Hurricane Ida slammed the Northeast […]
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Biden’s booming economy is far from normal, and that poses a problem
The US economy is growing at its fastest clip in a quarter-century, yet it remains far from normal, with some workers and small-business owners facing […]
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This Is the Metro Where the Most People Live Below the Poverty Line
The U.S. Census Bureau’s measure of poverty is tremendously complex. It is based on both family size and earnings. It includes unemployment benefits, Social Security, […]
Continue reading »UPDATE 1-Euro zone bond yields at six-week highs as ECB unease lingers
(Updates with fresh quote, chart) LONDON, Sept 1 (Reuters) – Government bond yields across the euro area touched their highest levels in around six weeks […]
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Australian growth beats forecasts in second quarter but Covid-19 outbreak takes toll
SYDNEY (AFP) – Australia’s economy expanded more than expected in the second quarter, data showed on Wednesday (Sept 1), thanks to a pick-up in domestic demand. […]
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'Forever changed': CEOs are dooming business travel – maybe for good
NEW YORK (BLOOMBERG) – Business travel as we’ve known it is a thing of the past. From Pfizer, Michelin and LG Electronics to HSBC Holdings, […]
Continue reading »Tesla (TSLA) Extends Breakdown Amid Valuation Concerns
Tesla, Inc. (TSLA) shares extended their losses during Tuesday’s session as the market continues to reassess the company’s valuation amid rising real interest rates and […]
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New York City Recovery Index: February 22
Editor’s note: Below you’ll find the week 29 release of the NYC Recovery Index, originally published Feb. 23, 2021. Visit the NYC Recovery index homepage for the […]
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Lowe's (LOW) Option Traders Wary
Traders have pushed the share prices in an upward trend for Lowe’s Companies, Inc. (LOW) ahead of its quarterly earnings announcement. There’s no way to accurately predict the direction a […]
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Tech Stocks Likely to Be in Focus Over the Weeks Ahead
Technology stocks have been the focus of active traders for many months now. Despite the markets being near all-time highs, active traders will likely keep […]
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The New York City Recovery Index: August 9
Editor’s note: Below you’ll find the week 51 release of the NYC Recovery Index, originally published August 9, 2021. Visit the NYC Recovery index homepage […]
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The New York City Recovery Index: August 23
Editor’s note: Below you’ll find the week 53 release of the NYC Recovery Index, originally published August 24, 2021. Visit the NYC Recovery index homepage […]
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Oil settles up as US producers, refiners assess storm damage
NEW YORK (REUTERS) – Oil rose on Monday, lifted as US Gulf Coast platforms, refineries and pipelines grappled with uncertainty on restart timelines after Hurricane […]
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‘All roads lead back to China’: One stuck box of fertiliser shows the global supply chain crisis
Somewhere in the world’s busiest port of Shanghai, a container of fertiliser sits among tens of thousands of boxes, waiting for a ride to the […]
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