What are 'Big Short' Michael Burry and Warren Buffett seeing that we aren't?
The S&P 500 index is up nearly 17% year to date, and the Nasdaq composite is more than 30% higher. Americans keep spending money, unemployment is low, the Federal Reserve may soon pause its painful interest rate hikes as inflation rates steadily — albeit slowly — come down.
2023-08-16 21:21
South Korea to grant 23 trln won in financing support for exporters
SEOUL South Korea will expand financing support for exporting companies by around 50% more this year, the financial
2023-08-16 09:19
Retail earnings this week could say a lot about the state of America's economy
Earnings season continues this week with Target, Walmart, TJ Maxx parent company TJX and other high-profile retailers set to release their quarterly results.
2023-08-15 19:26
Indonesia's July trade surplus narrows more than expected
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA Indonesia's trade surplus shrank more than expected in July to $1.31
2023-08-15 12:52
Does it matter to stocks whether the Federal Reserve hikes or pauses rates in September?
After the Federal Reserve raised interest rates in July to the highest level in 22 years, Wall Street's focus is on whether September will bring another rate hike.
2023-08-14 19:23
Don't be fooled by rising consumer price data, take a peek behind the numbers
US consumer prices rose 3.2% for the 12 months ending in July, according to the latest Consumer Price Index, which landed Thursday. That compares to 3% in June.
2023-08-11 19:45
It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:16
What does Moody's downgrade mean for markets?
Moody's on Monday evening downgraded 10 US banks and put the credit ratings of six others on review, an indication that the agency could also eventually downgrade those institutions.
2023-08-09 19:49
Canada posts bigger than expected June trade deficit of C$3.73 billion
OTTAWA Canada's trade deficit increased to C$3.73 billion ($2.77 billion) in June from May, largest in nearly 3
2023-08-08 20:58
US trade deficit narrows in June as imports decline
WASHINGTON The U.S. trade deficit narrowed in June as imports dropped to the lowest level in more than
2023-08-08 20:48
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:24
China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:20