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Category: Economy

Stocks Drop After Comments From Fed Daley: Markets Wrapped
Economy

Stocks Drop After Comments From Fed Daley: Markets Wrapped

Pamela LoweNovember 21, 2022

(Bloomberg) — US stocks pared lower after San Francisco Federal Reserve President Mary Daley warned that excessive tightening could be…

S&P 500 futures slide ahead of more retail gains ahead of Thanksgiving holiday;  Disney rose 9% at Premarket
Economy

S&P 500 futures slide ahead of more retail gains ahead of Thanksgiving holiday; Disney rose 9% at Premarket

Pamela LoweNovember 21, 2022

Traders on the floor of the New York Stock Exchange, Oct. 21, 2022. Source: NYSE S&P 500 futures fell early…

Asia-Pacific markets trade less;  China keeps the LPR steady
Economy

Asia-Pacific markets trade less; China keeps the LPR steady

Pamela LoweNovember 21, 2022

China is keeping its loan prime rates suspended as expected China left its benchmark lending rate unchanged for the third…

Biden ends Trump’s tax cuts for the wealthy
Economy

Biden ends Trump’s tax cuts for the wealthy

Pamela LoweNovember 20, 2022

Hull capital gains tax changes House Democrats have proposed legislation that could end Trump’s tax cuts for the wealthy and…

Thanksgiving inflation turns shoppers into chickens
Economy

Thanksgiving inflation turns shoppers into chickens

Pamela LoweNovember 20, 2022

Inflation is forcing controversial Big Apple shoppers to grumble on Thanksgiving, with some telling The Post they’ll gobble up chicken…

130+ best early Black Friday deals on TVs, Google Pixel, Apple TV and more
Economy

130+ best early Black Friday deals on TVs, Google Pixel, Apple TV and more

Pamela LoweNovember 20, 2022

Best Buy went toe-to-toe with Amazon during past sales events, and we’re expecting discounts on televisionsAnd the smart phonesAnd the…

ExxonMobil’s big new climate deal got help from Joe Biden
Economy

ExxonMobil’s big new climate deal got help from Joe Biden

Pamela LoweNovember 19, 2022

Could Big Oil’s Next Big Thing Have Big Help From Joe Biden? Perhaps, if carbon capture and storage really is…

A day after 1,200 Twitter employees quit, Elon Musk’s SOS to the engineers resigned
Economy

A day after 1,200 Twitter employees quit, Elon Musk’s SOS to the engineers resigned

Pamela LoweNovember 19, 2022

Twitter closed its offices yesterday after hundreds of employees resigned. New Delhi: after a day Hundreds of Twitter employees have…

Stocks are swinging as indices head into a losing week
Economy

Stocks are swinging as indices head into a losing week

Pamela LoweNovember 18, 2022

US stocks moved back and forth on Friday as investors approached the end of a turbulent trading week marked by…

Lagarde says the European Central Bank may have to constrain growth to control inflation
Economy

Lagarde says the European Central Bank may have to constrain growth to control inflation

Pamela LoweNovember 18, 2022

The European Central Bank is dealing with record inflation and a slowdown in the economy, with many economists predicting a…

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