Dow Jones futures rose slightly, along with S&P 500 futures and Nasdaq futures, as Treasury yields eased ahead of February’s ISM services index. broadcom (AVGO) and the artificial intelligence game C3.ai led gains overnight. x The stock market rally roared back on Thursday from opening lows, even as the 10-year Treasury yield decisively topped 4%. … Read more
TO dimly lit The room, with a small conference table and desk, may not seem like a focal point for the US economy. But the director of the National Economic Council (national executive committee‘s office), in the West Wing of the White House, is a crucial location. Its occupant for the past two years, Brian … Read more
The Dow Jones industrial average lost more than 300 points Tuesday morning ahead of economic data in a holiday-shortened week. Meanwhile, the retail giants house deposit (HD) and walmart (WMT) reported quarterly earnings. Home Depot shares fell 3.6% and Walmart shares fell 2.4%. x Among other companies reporting earnings, Fluorine (FLR), Harmony Biosciences (HRMY) and … Read more
FINNISH ECONOMY will slide into recession this year, despite the easing of fears about the energy crisis, predicts OP Financial Group. The Finnish financial group said yesterday that it expects the national economy to contract by half a percentage point in 2023 and grow by half a percentage point in 2024. evidence that the … Read more
FINNISH ECONOMY will slide into recession this year, despite the easing of fears about the energy crisis, predicts OP Financial Group. The Finnish financial group said yesterday that it expects the national economy to contract by half a percentage point in 2023 and grow by half a percentage point in 2024. evidence that the … Read more
(5th from left) Massimo Falconi, CEO of Etihad Credit Insurance and (6th from left) Rami Jallad, CEO of Ras Al Khaimah Economic Zone Group, with ECI and RAKEZ representatives during the signing ceremony (LR) Massimo Falconi, CEO of Etihad Credit Insurance, and Rami Jallad, CEO of Ras Al Khaimah Economic Zone Group, during the MoU … Read more
OLLY RENGovernor of the Bank of Finland, believes that the economic situation in the euro area has deteriorated markedly this autumn, which confirms the risks identified by the European Central Bank (ECB). “Due to the unusually high uncertainty in the energy supply, the likelihood of a recession and even stagflation, as identified in the … Read more