Israel has closed 28 embassies around the world amid fears of retaliatory strikes from Iran, according…
Continue ReadingTag: Markets
Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady
A McDonald’s crew member prepares french fries in Miami, Florida. Getty Images It’s a timeless question…
Continue Reading
Fed caution may be justified if the labor market starts to deteriorate
March’s robust job gains may push the Federal Reserve into a more cautious stance regarding potential…
Continue Reading
Fed Governor Bowman says additional rate hike could be needed if inflation stays high
US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters…
Continue Reading
UBS CEO says Credit Suisse will be a case study for big bank mergers
The mammoth integration of failed bank Credit Suisse into its former rival UBS will act as…
Continue Reading
Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%
Job creation in March easily topped expectations in a sign of continued acceleration for what has…
Continue Reading
Top Goldman economist downplays prospect of zero Fed rate cuts in 2024
Minneapolis Federal Reserve President Neel Kashkari. John Lamparski | Getty Images Entertainment | Getty Images Goldman…
Continue Reading
Yellen kicks off China meetings with overcapacity concerns, encouraging market-oriented reforms
U.S. Treasury Secretary Janet Yellen arrives at Guangzhou Baiyun International Airport, in Guangzhou, Guangdong province, China…
Continue Reading
Thursday’s selloff rattled traders, but big drops are more common than you think
One of the pillars of behavioral economics is the so-called prospect theory, the idea that the…
Continue Reading
U.S. crude oil breaks $86 as tensions mount between Israel and Iran
A Mobil gas station in Los Angeles, California, US, on Tuesday, April 2, 2024. US crude…
Continue Reading