July 31, 2019
“The Federal Reserve lowered its benchmark rate by a quarter point Wednesday as an insurance policy not against what’s wrong with the economy now, but what could go wrong in the future. It was the first rate cut by the… Continue Reading…
July 26, 2019
“GDP increased 2.1%, down from 3.1% from the first quarter, and the weakest increase since the first quarter of 2017 when President Donald Trump took office. Dow Jones Q2 estimates were for 2% growth. However, the underlying numbers in the… Continue Reading…
May 24, 2019
“J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off the 3.2% reported in the first quarter. “The April durable goods report was bad, particularly the details relating… Continue Reading…
April 27, 2019
“First-quarter gross domestic product expanded by 3.2%, the Bureau of Economic Analysis said Friday in its initial read of the economy for that period. Economists polled by Dow Jones expected growth of 2.5%. It was the first time since 2015… Continue Reading…
April 17, 2019
“American manufacturing was flat in March, which was good news after sharp declines in the prior two months that combined for a dismal first quarter, the Federal Reserve reported Tuesday. That weak performance has contributed to fears about a slowing… Continue Reading…
March 14, 2019
Wheeler Real Estate Investment Trust (NASDAQ:WHLR) plunges 28% after the REIT says it won’t pay Q4 dividends on its preferred stock “at this time,” citing its ongoing review of strategic alternatives. Plans to accelerate efforts to reduce short-term, higher-cst debt where accretive… Continue Reading…
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