May 18, 2021
“The U.S. economy is trying to restart its engine after tumbling into its deepest recession in generations, but a variety of supply chain constraints are threatening the country’s rebound. The country faces major shortages in everything from labor to semiconductors,… Continue Reading…
March 15, 2021
“Economists at Goldman Sachs raised their GDP growth expectations for the U.S. economy to 8% for 2021 in a note to clients on Sunday night… What they’re saying: “We have raised our GDP forecast to reflect the latest fiscal policy news… Continue Reading…
February 26, 2021
“China stands a good chance of doubling the size of its economy by 2035 — and surpassing the U.S. as the world’s largest economy along the way, said an economist from the Bank of America. As China seeks to become an advanced… Continue Reading…
February 26, 2021
“U.S. household income jumped 10% in January as the government delivered stimulus payments to households and consumer spending rose briskly, priming the economy for a burst in growth this year. The increase in income was the second largest on record,… Continue Reading…
February 18, 2021
“If inflation expectations remain upbeat, they could help to rebalance stock markets, sapping high-growth sectors like technology while boosting long unloved sectors such as financials and energy, which are typically more positively correlated with rising inflation…” https://www.ft.com/content/00c99cd2-7f9a-4a37-bb20-ce8d96f2527f?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev This is extremely… Continue Reading…
January 25, 2021
“Sales of skateboards, Legos and other playthings propelled U.S. toy sales to $25.1 billion last year, a 16% increase from 2019, as consumers looked for ways to pass the time during the coronavirus pandemic, The NPD Group said Monday… Although May showed the… Continue Reading…
November 4, 2020
“U.S. stocks climbed on Wednesday, led by tech shares… The Dow Jones Industrial Average jumped 610 points, or 2.2%. The S&P 500 traded 2.3% higher. The tech-heavy Nasdaq Composite popped 3.2% as investors crowded back into the trade that’s been… Continue Reading…
July 31, 2020
“The number of Americans who filed new claims for unemployment benefits last week totaled 1.434 million, the Labor Department reported Thursday, roughly in line with expectations, as the coronavirus pandemic continues to ravage the U.S. economy. It was the 19th straight… Continue Reading…
July 9, 2020
“U.S stocks rose on Wednesday and the Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound… Apple Inc and Microsoft Corp provided the biggest boosts to the Dow and S&P 500, with… Continue Reading…
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