Economic Performance/Indicators
- Stock Market
Wall Street permabear Albert Edwards highlights the recession threat hidden in retailers’ earnings
Société Générale’s Albert Edwards has spent years building his reputation as one of Wall Street’s most closely-followed market bears. And…
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Durability of U.S. stock- market bounce in question as inflation worries linger ahead of payrolls report
Investors took a breather this week as U.S. stocks bounced back from a weeks long selloff and the latest reading…
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Even a recession wouldn’t cure inflation, former Obama adviser says
There’s increasing talk that the Federal Reserve’s interest rate hikes will cause a U.S. recession next year, but even a…
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Inflation has been pummeling the middle class for decades, but the out-of-touch CPI masks this reality
For several years now, many of us have focused on the scourge of “fake news.” But much as we may…
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Big Lots stock battered after surprise loss, as higher gas prices hurt spending
Shares of Big Lots Inc. sank Friday, after the discount home essentials retailer reported a surprise fiscal first-quarter loss and…
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U.S. trade deficit in goods falls 16% in April and comes off record high
The numbers: The U.S. trade deficit in goods shrank by 16% in April and eased off a record high, but robust…
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U.S. stock futures tick higher as Fed’s preferred measure of inflation remains hot, but cools
U.S. stock-index futures added to gains after the Federal Reserve’s preferred measure of inflation for April proved in line with…
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Treasury yields tick lower ahead of key inflation reading
U.S. Treasury yields pulled back Friday as investors awaited the April reading of the Federal Reserve’s favorite inflation measure in…
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After 2 stormy years of ‘moonshot’ house prices, don’t hold out hope for a major correction. Why COVID-era property values may be here to stay.
There is hope for first-time buyers looking to enter the U.S. housing market, but observers say they will have to…
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‘You saw us coming’: Dollar General turns away activists and workers from shareholder meeting after they arrived late
Activists and workers descended on the Dollar General ’s DG, +14.40% annual shareholder meeting in Goodlettsville, Tenn. Wednesday to demand…
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