Saturday, July 27, 2024
I think we could be on the verge of a significant slowdown in the U.S. economy if something doesn’t change soon,” CNBC’s Jim Cramer says.
Renewed trade tensions and a slump in economic data put U.S. profits and economic growth at risk, Morgan Stanley warned Tuesday.
Treasury yields fell sharply, as the futures market priced in higher expectations for fed rate cuts.
It's difficult to write about Tesla (NASDAQ:TSLA) without pointing out how precarious the business remains. To be fair, this isn't news—the electric automobile manufacturer has been living on borrowed time for years, but has managed to pull...
As the presidential race continues to heat up, Democratic contender and former Vice President Joe Biden has come out in support of decriminalizing cannabis — but not of full legalization. “Nobody should be in jail for smoking marijuana,” he said.
The S&P 500 has lost $1.2 trillion in value since the weekend before last, when President Donald Trump surprised investors with tweets threatening new tariffs on China.
The idea that the U.S.-China trade dispute could turn into something more is starting to become reality.
President Trump’s latest tweetstorm “has made it so we got to wait to be able to buy,” warns Cramer.
KEY POINTS The Federal Reserve’s benchmark interest rate has risen to 2.44%, the highest it’s been since the central bank began raising rates in December 2015.In addition, the funds rate has passed the interest...
Investors had been expecting two straight quarters of negative earnings growth, known as an “earnings recession.”
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