Warren Buffett Just Bought This Beaten-Down High-Yield Dividend Stock
The Oracle of Omaha had been selling this stock, but he's buying it hand over fist again.
UK GDP Falls 0.3% in Q4
The U.K. economy slipped into a technical recession in the final quarter of last year, initial figures showed Thursday February 15.
CRISPR Therapeutics: Well-positioned to Become a Leader in Biotech in Time
Shares of CRISPR Therapeutics are up by 26% over the past three months.
Inflation Slowed Further in December as an Economic ‘Soft Landing’ Moves into Sharper Focus
The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot on his economic stewardship.
Worldwide Lithium Shortage could Come as Soon as 2025
The world could face a shortage of lithium as demand for the metal ramps up, with some analysts forecasting that it could come as soon as 2025.
Lagarde Says It’s Likely ECB Will Cut Rates in Summer
The European Central Bank is likely to cut interest rates in the summer, according to President Christine Lagarde.
IMF to Release $4.7bn to Argentina as Javier Milei Pursues Austerity
According to FT, the IMF has agreed to transmit $4.7Bn to Argentina despite the country’s failure to meet the terms of its $43Bn loan in recent months, offering a crucial lifeline to new libertarian President Javier Milei as he pursues ambitious reforms.
Commodity Prices To Remain Lackluster, but Midstream Companies Will Do Better in 2024
Multiple names have already provided financial guidance for 2024, and most others will provide guidance during earnings season.
Singapore’s Core Inflation Eased Down to 3.2 Percent in November
Singapore’s core inflation dipped to 3.2% YoY in November, official data showed on Tuesday, Dec 26.
China Real Estate Crisis Threatens Goal of Doubling Country’s GDP
If the Chinese real estate bubble bursts and triggers a financial crisis, the nation's economic growth will be stuck at around 1%
Fed Kept Interest Rates Flat Again — But Barely Budged on 2024 Rate Cut Forecasts
The Federal Reserve opted on Wednesday December 13 to hold interest rates at the same level they’ve sat since July
Wall Street Bank Bosses Warn Lawmakers of Economic Toll From Tough New Rules
The top bosses of JPMorgan, Morgan Stanley, Goldman Sachs and other major banks warned lawmakers Wednesday that capital hikes and other new regulations being contemplated by U.S. bank regulators will hurt lending, capital markets and the broader economy.
Bank of America, Deutsche Bank Predict Interest Rate Cuts in 2024
Bank of America (BOA) and Deutsche Bank (DB) both released outlooks Monday predicting the Federal Reserve will implement interest rate cuts next year
Leading Indicators Continue to Signal a Recession
A gauge of future economic activity declined in October, after falling in September, on worsening consumer expectations, the Conference Board reported on Monday.