Oct 22, 2024 | Markets
Firms differ over the long-term outlook for US equity returns Corporations are ‘very good at growing margins:’ JPM’s Kelly Strategists at two of Wall Street’s biggest banks have reached diverging conclusions about where the US stock market is heading in the years...
Oct 22, 2024 | Markets
Property taxes, tips, interest payments are excluded from CPI Some items ‘can’t realistically be priced,’ BLS economist says Price pressures have eased substantially over the past two years, but a disconnect remains between what US inflation data show and what...
Oct 18, 2024 | Markets
Deficit exceeds 6% of GDP for a second straight year Debt interest costs, Social Security, defense spending climb The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt interest costs and higher Social...
Oct 18, 2024 | Markets
Israel’s killing of Hamas leader sees traders flock to safety Investors are repositioning portfolios ahead of US election Gold topped $2,700 an ounce for the first time as concerns over escalating conflicts in the Middle East and a tight US election race prompt...
Oct 18, 2024 | Markets
Stock down 7.5% since unveiling of self-driving taxi last week Event was long on vision, short on revenue drivers: Bernstein Tesla Inc.’s reveal of its much-hyped self-driving car last week left investors underwhelmed and sent shares plunging. The disappointment also...
