Published: March 5, 2024 at 10:02 a.m. ET Story developing. Stay tuned for updates here. The numbers: U.S. factory orders fell 3.6% in January large due to fewer contracts for Boeing passenger planes, but there was not much sign of a broad revival among manufacturers. Economists surveyed by the Wall Street Journal had forecast a … Read more
Updated Jan. 16, 2024 12:39 pm ET Chinese Premier Li Qiang gave global business elites a big hint on highly anticipated growth figures, as he sought to reassure them that investing in China is an opportunity—not a risk. Li delivered the message in an address at the World Economic Forum in Davos, Switzerland, as Chinese … Read more
Published: Nov. 22, 2023 at 3:07 p.m. ET Wall Street’s favorite permabear is back with a warning for anybody who believes the U.S. economy is destined for a “soft landing” in 2024. In his latest note to Société Générale clients, Albert Edwards, the Société Générale global strategist widely followed for his bearish takes on the … Read more
With wars raging again in Europe and the Middle East, and U.S.-China tensions on the boil, the political order that underpinned markets for decades is under serious threat. So, too, is the financial order, as the U.S., Europe, and even Japan exit the zero-interest-rate era, and the U.S. and China face deteriorating fiscal health. In … Read more
Jon Gray, the president of Blackstone Group, the world’s biggest alternative asset investment firm with $1tn under management, is watching for signs of an economic slowdown in the coming months. “So I think the Fed is going to slow the economy. And that’s really their objective, right?” Gray said in an interview with Private Equity News’ sister … Read more
Kyla Scanlon is hardly your typical markets commentator—but then again how many 16-year-old girls growing up in Louisville traded stock options on the weekend. “It was just something interesting to do. My parents were supportive,” she says. “My dad dabbled in it and so he was like, ‘this is a cool way for you to … Read more
Updated Oct. 26, 2023 5:00 pm ET U.S. economic growth surged this summer at the fastest pace since 2021, as consumers spent at a blockbuster rate that will be difficult to sustain. Gross domestic product expanded at a 4.9% seasonally- and inflation-adjusted annual rate in the third quarter—more than double the second quarter pace—the Commerce Department reported … Read more
Updated Oct. 15, 2023 12:04 am ET Economists are turning optimistic on the U.S. economy. They now think it will skirt a recession, the Federal Reserve is done raising interest rates and inflation will continue to ease. In the latest quarterly survey by The Wall Street Journal, business and academic economists lowered the probability of … Read more
Resilient U.S. Economy Defies Expectations – WSJ The Wall Street Journal Source link
Summer Spending Surge Shows Consumers Driving Economic … The Wall Street Journal Source link