Tag: economy
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Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm’s manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
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Can the Caucasus and Central Asia become the next investment frontier?
For decades, international investors have focused on established destinations such as North America, Europe, China and, more recently, Africa. But as economic uncertainty and geopolitical tensions reshape global capital flows, attention is increasingly turning to the Caucasus and Central Asia.
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Tech sell-off, Iranian oil sales, Target’s crisis of confidence and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Stocks making the biggest moves premarket: IBM, Qualcomm, Oracle, Energy Fuels & more
These are the stocks posting the largest moves in early trading.
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Treasury yields fall despite rate hike concerns hitting tech stocks
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 2 basis points to 4.481%.
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U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
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Stocks making the biggest moves midday: Alphabet, AeroVironment, Salesforce, Apogee Therapeutics & more
Here are some of the companies making headlines in midday trading.
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Bank of America expects three Fed hikes this year, says inflation is getting ‘unambiguously worse’
The bank’s economists reversed their position held as recently as last week that the central bank would stay on hold this year.
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The man who knew, but didn’t say: Alan Greenspan (1926-2026)
Alan Greenspan’s reputation as head of the US Federal Reserve was legendary — not least because of his reputation for convoluted statements. However, the 2008/9 financial crisis took a toll on his standing.
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Alan Greenspan: Irrational exuberance to financial crisis
Alan Greenspan’s reputation as head of the US Federal Reserve was legendary — not least because of his reputation for convoluted statements. However, the financial crisis took a toll on his standing.
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