May 24, 2023
“A debt-ceiling negotiation that remains in limbo, elevated recession risks and a hawkish Federal Reserve stance are just a few of the reasons JPMorgan Chase & Co.’s Marko Kolanovic is advising clients to further dump equities and hold onto cash.… Continue Reading…
June 27, 2022
“Higher gasoline prices have led stations to raise the holds they put on cards by as much as 40%, a change that means overdraft risks for some… When drivers insert a credit or debit card at the pump, the gas… Continue Reading…
May 6, 2022
“Non-farm payrolls added 428,000 jobs in April, in line with the the consensus estimate of around 400,000, the Labor Department’s Bureau of Labor Statistics reported on Friday. The number of employed people fell to 158,105,000, a decrease of 353,000 from… Continue Reading…
December 8, 2020
“On Oct. 30, Exxon reported a loss of 18 cents per share in Q3 vs. a profit of 68 cents per share in the year-ago quarter. Wall Street was expecting a loss of 28 cents per share. Revenue fell 29% to… Continue Reading…
June 17, 2020
“The number of Americans applying for unemployment benefits in the two months since the coronavirus took hold in the U.S. has swelled to nearly 39 million, the government reported Thursday, even as states from coast to coast gradually reopen their… Continue Reading…
January 21, 2020
“The world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to the global economy each year than the technology industry, Oxfam… Continue Reading…
June 20, 2019
“A divided Federal Reserve held the line on interest rates Wednesday and indicated formally that no cuts are coming in 2019. The decision came amid divisions over what is ahead and still leaves open the possibility that policy loosening could… Continue Reading…
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