The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to the former chairman of the agency’s sovereign rating committee.
Schlagwort-Archiv: Markets
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Improbable, which is backed by SoftBank, said its revenues more than doubled last year after a pivot to powering new „metaverse“ experiences.
Costco tops quarterly earnings expectations, even as sales remain soft
Costco topped quarterly earnings and revenue expectations, even as sales trends at the membership club slowed.
Stocks making the biggest moves premarket: Fisker, Tesla, United Natural Foods and more
These are the stocks posting the largest moves in premarket trading.
‚We have dealt with recessions before‘: Jamie Dimon says geopolitics is the world’s biggest risk
JPMorgan Chase CEO Jamie Dimon says geopolitics in light of Russia’s invasion in Ukraine is the biggest risk, larger than high inflation or a U.S. recession.
EU trade chief says the outcome of China EV probe cannot be prejudged
Europe may have started investigating Chinese electric vehicle subsidies, but no assumptions should be made about the probe’s outcome, the head of trade for the European bloc’s executive branch said Tuesday.
Corporate pensions are at their healthiest in more than a decade
Pension funding has increased steadily since the Great Recession, and that’s a positive trend for workers, experts said.
Some soft commodity prices are surging, adding to consumer woes
Certain agricultural commodities have climbed in recent months, driven by weather-related damage around the globe and tighter supplies.
Stocks making the biggest moves in premarket trading: AstraZeneca, Paramount, Nike and more
These are the stocks posting the largest moves in early trading.
Huawei stays silent on secretive 5G phone at high-profile product launch
Chinese telecommunications giant Huawei didn’t reveal any details about its new phone or reported advanced chip breakthrough during a high-profile launch event.