Omicron not a threat to the economy
US stock futures are set for a third day of gains as investors bet that the new variant of the COVID-19 virus will not pose a major threat to the economy.
Major futures indices are anticipating a 0.3% rise at the...
New strain and the economy
US stock indices fell before the opening of trading on Tuesday after Fed Chairman Jerome Powell said risks to the economy, the labour market and inflation could become more difficult with...
High prices for utilities
According to the Pennsylvania Utility Commission (PUC), there are areas in Pennsylvania where energy costs are rising by 50%.
"Most regulated electricity generators in Penn...
The future of the stock market
President Joe Biden has reappointed current Chairman Jerome Powell to head the Fed for the next 4 years. Experts say that this will generally have a positive effect on the market, alt...
Record jump
Inflation in the US in October rose more than economists expected the consumer price index reached 6.2% compared to the forecast of 5.8%. The stock market reacted by lowering indices, with analysts expecting the negative t...
Bond purchases in November
The market reaction to the outcome of the Fed meetings was positive. The central bank refuted expectations that interest rates would need to be raised sooner, but pointed to continue...
Tax hike bill
A top Democrat in the House has questioned a new Senate plan to tax the unrealized capital gains of billionaires and other ultra-high earners, arguing that the proposal may be...
Price increases in shops
Some of the world's leading companies are betting that consumers will continue to pay more for products like coffee or toilet paper.
Major companies such as Procter Gamble, Nestle and Verizon Communications plan to increase...
Approval from the SEC
Although dozens of companies, such as VanEck and Fidelity, have applied to the Securities and Exchange Commission to create the first bitcoin ETF, none have yet received approval.
Instead, the SEC...
Stimulus cut
Fed minutes on September showed that if the US economic recovery continues at current levels, the central bank will start cutting bond purchases by 15 billion a month from...
Policy tightening
The IMF slightly lowered its forecasts for global GDP growth and US GDP pointed out that the current rise in inflation is causing "high uncertainty". The IMF called on central banks ...
US jobs below expectations
The US economy added a record low number of new jobs outside agriculture in September since the start of 2021, with the unemployment rate falling t...
Increase in national debt
The Senate on Thursday approved a bill that raises the US national debt limit by $480 billion, but this funding will be exhausted by 3 December. A long-term bill is due to be decided in Decembe...
Inflation for the households
Over the past couple of months, Allison, a wife and mother of a toddler and teenager from Chicago, says she's been spending about $50 more each week on groceries to feed her family and that's at the discount supermarket ...
The value of the dollar fell
The US dollar fell below yearly highs against major peers on Tuesday as traders waited for key US jobs data later in the week for clues on the timing of the Federal Reserve's stimulus cuts and the start of interest rate ...
What a US debt default would mean for the market
Congress is approaching the mid-October deadline to raise or suspend the debt ceiling, but Democrats and Republicans on Capitol Hill are in a sta...
Economic growth
The energy crisis is gaining momentum, with oil and gas shortages likely to affect the world through rising prices. Experts predict rising inflation, a slowing economy and increased instability. Shares in oil and ...
US GDP forecasts down
The US economy is set to decline sharply in the third quarter Goldman Sachs, Morgan Stanley, Oxford Economics and the Atlanta Fed have all cut their GDP growth forecasts sharply in recent weeks. The effects of the rapid spread ...
Fed buying cuts in 2021
In an online conference replacing the traditional one in Jackson Hole, Fed Chairman Jerome Powell announced the start of asset purchase rate cuts this year.
Major stock market indices, the Dow Jones, S&am...
Brent price today
Oil prices rose on Monday after falling for seven consecutive sessions, the longest such period since February 2018.
The market was supported on Monday by reports that Chinese authorities were able to contain a new wave of COVID-1...
Companies rating
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