I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at reporting on the leveraged US middle class by Claire Ballentine and Eliza Ronalds-Hannon. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can … Read more
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
Stock Market Today: Dow, S&P Live Updates for February 8 Bloomberg Source link
Stock-market investors may take their cues from a series of important events in the week ahead, including the Federal Reserve’s monetary-policy meeting, a closely-watched December employment report and an onslaught of earnings from megacap technology names, which all promise insight into the state of the economy and interest-rate outlook. The benchmark S&P 500 index SPX … Read more
Repair your credit: Advice from the Better Business Bureau Updated: 1:47 PM EST Jan 21, 2024 YOU ARE CERTAINLY NOT ALONE. AS WE GET OUT OF THE HOLIDAY SEASON, A LOT OF FOLKS ARE FINDING THAT THEY MAY HAVE OVERSPENT DURING THE HOLIDAYS, AND NOW THEY FIND THEMSELVES IN CREDIT CARD DEBT. BUT YOU NEED … Read more
Stocks and bonds retreated as a tech-fueled bounce faded and investors went back to worrying about risks from inflation to bond volatility. US stock futures dropped with Europe’s Stoxx 600 benchmark as tech shares gave up some of Monday’s rally. Shares and bonds of Spanish blood plasma firm Grifols SA tumbled after short seller Gotham … Read more
Economists did not believe it was possible, but they’ve been wrong a lot lately, and in their defense it has only ever happened once (or maybe twice) before: We may be witnessing that rare achievement known as a soft landing. The US Federal Reserve’s latest forecast expects the inflation rate to slide back down to … Read more
Texans pride themselves on being champions of business. So, if you think the biggest investors in and financiers of the fastest-growing Texas companies are welcomed as tried-and-true capitalists, think again. And if you believe Texas and its top-rated AAA debt would never willingly borrow money on behalf of citizens at anything but the best rates … Read more
I’m Malcolm Scott, senior economics editor in Sydney. Today, our China team looks at next year’s growth goals. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. China is … Read more
For most of us, weight loss is a positive. For an economy, not so much. New analysis showing that China’s global heft has declined for the first time since 1994 illustrates why its chances of overtaking the US economy are increasingly in doubt. While the International Monetary Fund and others regularly cite China as the … Read more