U.S. core capital goods orders surge; consumer confidence rises further
Lucia Mutikani Reuters September 27, 2022 Core capital goods orders increase 1.3% in August Core capital goods shipments rise 0.3% Consumer confidence index increases to 108.0 in September House price growth decelerates in July New
The Fed is dragging the US into a recession to cool surging prices. Most Americans expect inflation to die down on its own.
Ben Winck Business Insider September 27, 2022 The Fed is pushing the US into a recession to cool inflation. It might not be necessary. Inflation expectations have been falling since the spring, signaling there's little
Apple is a safe haven amid the stock market rout, says tech investor Gene Munster
Michelle Fox CNBC September 27, 2022 Tech stocks have been pummeled this year but Apple is acting like a safe haven amid the turbulence, according to tech investor Gene Munster. While the tech-heavy Nasdaq is down
Google CEO says he hopes to make company 20% more efficient, hints at potential cuts
PUBLISHED WED, SEP 7 20221:01 AM Source: CNBC by Jennifer Elias Google and Alphabet CEO Sundar Pichai said he wants to make the company 20% more efficient and that could include headcount cuts as it reckons with
Wharton’s Jeremy Siegel accuses Fed of making one of the biggest policy mistakes in its 110-year history
Sep 23, 2022 2:25 PM PDT Source: by Dow Jones by Joseph Adinolfi Now, Siegel says, workers will pay the price Wharton professor Jeremy Siegel has a bone to pick with Federal Reserve Chair Jerome
US Producer Prices Fall for a Second Month as Fuel Costs Retreat
Wednesday, September 14, 2022 05:38 AM Source: Bloomberg by Reade Pickert A measure of US producer prices fell for a second month in August as fuel costs continued to retreat, though an underlying measure of
U.S. retail sales unexpectedly rise in August; weekly jobless claims fall
September 15, 202210:10 AM PDT Source: Reuters by Lucia Mutikani U.S. retail sales unexpectedly rebounded in August as Americans ramped up purchases of motor vehicles and dined out more amid lower gasoline prices, but demand
Starbucks hikes long-term financial forecast as it unveils reinvention plan
PUBLISHED TUE, SEP 13 202211:43 AM Source: CNBC by Amelia Lucas Outgoing Starbucks CEO Howard Schultz said the coffee giant is projecting double-digit growth for revenue and earnings per share as it implements a strategy
Morgan Stanley says the S&P 500 is set for a comeback by year-end. These are its top stock picks
Source: Reuters PUBLISHED WED, SEP 14 20228:25 PM EDT Buy fear and sell greed’: Morgan Stanley portfolio manager picks these stocks to buy U.S. markets had a meltdown on Tuesday — the worst since June
Falling gas prices are raising hopes that inflation is slowing, New York Fed survey shows
PUBLISHED MON, SEP 12 202211:00 AM EDT Source: CNBC by Jeff Cox Lower gas prices are raising optimism that inflation is on the decline, according to a survey Monday from the New York Federal Reserve.