October 4, 2023
“Stocks continued their recent sell-off on Tuesday amid a slew of concerning headlines for investors. Labor market data showed job openings unexpectedly jumped in August. An ongoing labor strike in the auto sector is intensifying. And surging oil prices are within a few percentage points of 2023… Continue Reading…
August 18, 2023
“…The benchmark 10-year yield BX:TMUBMUSD10Y finished at its highest close since Nov. 7, 2007, at 4.307%, while the 30-year rate BX:TMUBMUSD30Y ended at 4.411% or its highest since April 28, 2011. The 30-year rate has jumped 87.3 basis points since April, while its 10-year counterpart… Continue Reading…
July 10, 2023
“…Rising interest rates will deepen losses on securities held by banks and motivate savers to pull cash from accounts, squeezing the main way these companies make money. Losses on commercial real estate and other loans have just begun to register for banks, further shrinking… Continue Reading…
November 8, 2022
“For months now, high gasoline prices have been arguably the most visible political pain point for President Joe Biden. In most towns, they can be seen every few blocks on signs at filling stations. It’s the fundamental commodity Americans need… Continue Reading…
October 18, 2022
“The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money… Around… Continue Reading…
June 18, 2020
“Weekly jobless claims stayed above 1 million for the 13th consecutive week as the coronavirus pandemic continued to hammer at the U.S. economy. First-time claims totaled 1.5 million last week, higher than the 1.3 million that economists surveyed by Dow… Continue Reading…
May 27, 2020
“Something strange happened in the U.S. stock market on Tuesday… Rather, the most unusual part of the latest rally is that bank shares clearly led the advance. As of last week, Bloomberg’s 18-company S&P 500 Banks Index was down more than 40% in… Continue Reading…
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