The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues.
Schlagwort-Archiv: Markets
Friday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 slid a third time on Thursday as traders braced for the big August jobs report. Here’s what CNBC TV is watching going into Friday.
China should focus on fighting deflationary pressure, former central bank governor says
China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of China, said Friday at the Bund Summit in Shanghai.
7-Eleven’s parent company rejects $38.6 billion takeover bid, says offer ‚grossly undervalues‘ company
Even if the offer was raised „very significantly,“ Seven & i said the bid does not consider the „multiple and significant challenges“ it would face.
China’s wealthy are increasingly looking overseas for business investment opportunities
China’s wealthy want to pursue business opportunities abroad, rather than just investment returns, according to asset managers and consultants.
JPMorgan top economist says the Fed should cut rates by a half point this month
JPMorgan chief U.S. economist Michael Feroli believes there is a strong case for the Federal Reserve to speed up the pace of rate cuts.
How high earners can funnel money to a Roth IRA, the ‚gold standard‘ of retirement accounts
High earners may find it tricky to access tax breaks in individual retirement accounts. A workaround may help.
Why Broadcom stock is tumbling after an earnings beat — and how to play the dip
The investment thesis for Broadcom is intact: AI revenues are strong, non-AI semi sales are bottoming and the VMWare integration is exceeding all expectations.
Broadcom says it will sell $12 billion in AI parts and custom chips this year
Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in fiscal 2024.
Thursday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 and the Nasdaq Composite booked back-to-back losses on Wednesday. Here’s what CNBC TV is watching going into Thursday.