economic news
- Stock Market
Buy the dip or sell the ‘rip’?: What’s ahead for stock investors as ‘sticky’ inflation fears heighten consumer concern
Investors, already grappling with a sinking stock market and fears that the U.S. economy may be heading for a recession,…
Read More » - Stock Market
‘Growth scare’ strikes U.S. stocks as estimated $5 trillion to $8 trillion of household wealth evaporates in five months
Amid a sea of red in U.S. stock markets for much of Friday, a fundamental shift in investors’ thinking appeared…
Read More » - Stock Market
Junk bonds are showing signs of liquidity strains as the S&P 500 narrowly avoids bear market territory
Concerns about the U.S. economy slipping into a recession isn’t the only thing nagging at corporate bond investors. Trading in…
Read More » - Stock Market
The U.S. isn’t headed for recession. Nor will it be consumed by inflationary fires.
“Some say the world will end in fire,” goes a famous Robert Frost line. “And some say in ice.” If…
Read More » - Stock Market
Treasury yields hold steady, with 10-year rate below 2.9%, as U.S. stock-market indexes open higher
Treasury yields were mixed on Friday amid a dearth of U.S. economic data after China’s central bank cut a key…
Read More » - Stock Market
Crypto crash will have limited impact on U.S. household wealth and labor supply: Goldman Sachs
The global cryptocurrency market lost over $300 billion last week and about $1.7 trillion in the past seven months. But…
Read More » - Stock Market
Dow transports tumble again, as railroad downgrades act as a drag
The Dow Jones Transportation Average took another deep dive Thursday, with the biggest drag shifting to the index’s railroad components…
Read More » - Stock Market
IRS audit rates keep dropping — especially for the 1%
No matter the size of a household’s budget, the increasingly short-staffed and cash-strapped Internal Revenue Service has been conducting fewer…
Read More » - Stock Market
Treasury yields fall sharply, with 10-year at 2.8%, as investors seek safety in government bonds
Investors jumped into Treasurys Thursday morning, driving yields sharply lower, as they sought safety from a stock-market rout that appeared…
Read More »