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Category: Economy

Harris Responds to Trump Comments Fed Preparing Economic Policy Plan
Economy

Harris Responds to Trump Comments Fed Preparing Economic Policy Plan

Pamela LoweAugust 11, 2024

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two…

Bank of America says the stock market will signal the economy could take a hard landing if it falls below this key level.
Economy

Bank of America says the stock market will signal the economy could take a hard landing if it falls below this key level.

Pamela LoweAugust 10, 2024

Spencer Platt/Getty Images Bank of America warns of a sharp decline if the S&P 500 falls below its 200-day moving…

Nvidia stock heads for weekly loss as Wall Street sees ‘urgent demand’ keeping chip trade intact
Economy

Nvidia stock heads for weekly loss as Wall Street sees ‘urgent demand’ keeping chip trade intact

Pamela LoweAugust 9, 2024

Nvidia (NVDA) stock was on track for a weekly loss of nearly 2% on Friday as investors continue to sort…

Paramount Reports Blowout Q1 Earnings, Plans 15% Layoffs, Takes  Billion Charge on Cable Business
Economy

Paramount Reports Blowout Q1 Earnings, Plans 15% Layoffs, Takes $6 Billion Charge on Cable Business

Pamela LoweAugust 9, 2024

Paramount Global (PARA) saw its shares rise 6% in pre-market trading on Friday. On Thursday, Paramount reported a profit within…

Cryptocurrency Industry Clashes With Democratic Leaders in Heated Zoom Meeting
Economy

Cryptocurrency Industry Clashes With Democratic Leaders in Heated Zoom Meeting

Pamela LoweAugust 9, 2024

O’Leary Ventures CEO Kevin O’Leary discusses the “weak” July jobs report and Trump’s comments on cryptocurrencies. A virtual conference aimed…

Environmental group warns cruise ship size has doubled since 2000
Economy

Environmental group warns cruise ship size has doubled since 2000

Pamela LoweAugust 8, 2024

CNN — Cruise ships have doubled in size over the past two decades, a precedent that could lead to even…

Robinhood Earnings, Consumer Spending: The Question of Direction
Economy

Robinhood Earnings, Consumer Spending: The Question of Direction

Pamela LoweAugust 8, 2024

In today’s episode of Asking for Direction, the host Josh Lipton Breaks down some of the biggest themes and takeaways…

Warner Bros. says Discovery made  billion mistake
Economy

Warner Bros. says Discovery made $9 billion mistake

Pamela LoweAugust 8, 2024

Here’s a more realistic way to put it: WBD just took a $9 billion accounting hit because it concluded that…

Disney reports some softness at parks in Q3
Economy

Disney reports some softness at parks in Q3

Pamela LoweAugust 7, 2024

“The Claman Countdown” panelists Bankim Chadha and Thomas Hayes break down investing in cyclical stocks. Disney warned Wednesday of weaker…

Why the Japanese Yen Moves in the US Stock Market: Morning Brief
Economy

Why the Japanese Yen Moves in the US Stock Market: Morning Brief

Pamela LoweAugust 7, 2024

This is the summary of today’s morning brief, which you can do: subscription To receive in your inbox every morning…

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