Today: 8. Jul, 2024
Monday saw stocks taking a steady course, with Wall Street heading towards the completion of another successful month. As of midday, the S&P 500 was 0.1% higher, poised for its fifth consecutive month of profits, the longest gain streak in almost two…
The second quarter earnings season for US firms commences this week, delivering the profit or loss reports from April to June 2023 while also unveiling fresh inflation data. Many economists are connecting these two elements, spotlighting the trend of the price-price spiral…
The commencement of the earnings season presents an opportunity for the CEOs of America’s leading banks to inform the public about their firms’ status and economic projections. To date, the banking leaders are primarily leveraging this moment to express dissatisfaction with the…
The allure of fine wine as an investment has been growing steadily for years, luring investors seeking refuge from inflation, economic instability, and stock market fluctuations. The availability of easy-entry online brokerages and advisory services has recently made this unique market more…
According to some reports, the concept of Amazon Prime Day could be a boon for your psychological well-being. Consumer spending has begun to slow down with increasing concerns over inflation and the uncertainty surrounding the U.S. economy. However, the ‘little treat’ mentality…
To counter inflation, the Federal Reserve is determined to persist in increasing interest rates, a move expected to cause a surge in corporate defaults in the coming months. As of May, the corporate default rate has risen, indicative of U.S. companies wrestling…
As the economy continues to navigate choppy waters, with stocks fluctuating wildly and inflation proving stubbornly persistent, it can be challenging to stay optimistic. Nevertheless, the turbulent market also presents fresh opportunities (alongside certain risks) for investors, according to some financial analysts.…
Rick Caruso, the founder of Caruso, joins ‘Squawk on the Street’ to explore topics such as the economy, consumer buying power, and the landscape of the real estate sector. Rick Caruso, spearheading the Caruso brand, stepped onto the ‘Squawk on the Street’…
Stocks on Wall Street edged lower as Home Depot issued a warning about declining sales, adding to concerns about the overall state of the economy. The midday trading saw the S&P 500 down by 0.3%. The Dow Jones Industrial Average fell 207…
