Economic News
- Jul- 2022 -6 JulyStock Market
U.S. businesses grow at slowest pace in 2 years, ISM shows, as economy softens – News Opener
The numbers: An ISM barometer of business conditions at service-oriented companies such as restaurants, hotels and retailers dipped to a two-year…
Read More » - 6 JulyStock Market
Dividend stocks are a top inflation-fighting investment you want in your corner now – News Opener
Investors are too quick to shun dividend-paying stocks when inflation worsens. That’s because they’re focusing on too short of a…
Read More » - 6 JulyStock Market
Here’s the loophole that makes the U.S. housing market more wobbly than it appears – News Opener
This housing market, it would appear, isn’t built on the same creaky foundations of the subprime crisis. Consider these statistics…
Read More » - 5 JulyStock Market
U.S. homeownership rate tumbles to 1980s levels – News Opener
High prices for everything from groceries to gas aren’t the only things making this year feel like a throwback to…
Read More » - 5 JulyStock Market
Expect the stock market to be driven ‘more by earnings than the macro’, says Morgan Stanley’s Wilson – News Opener
Earnings season will be a key test for the stock market after the S&P 500 last week closed out its…
Read More » - 5 JulyStock Market
Most essential workers have seen their pay increase during the pandemic — but many still don’t believe they’re being paid a fair wage – News Opener
Pay for essential workers is rising, but many say it’s still not enough. Some 29 out of 30 essential-worker roles…
Read More » - 5 JulyStock Market
Credit Suisse cuts S&P 500 target again for 2022 as U.S. stocks sink – News Opener
Credit Suisse Group analysts have again cut their price target for the S&P 500 index, lowering their estimate for the…
Read More » - 5 JulyStock Market
The U.S. won’t officially be in recession if GDP shrinks again — and here’s why – News Opener
Since World War Two the U.S. economy has never shrunk for two quarters in a row without a recession being…
Read More » - 5 JulyStock Market
Dollar soars as recession fears finally hit the round-the-clock currency market – News Opener
U.S. and global recession fears have finally hit the round-the-clock currency market after more than a month of evaluation by…
Read More » - 5 JulyStock Market
Are markets underestimating how far the Fed must go to tame inflation? – News Opener
The Federal Reserve isn’t even four months into its latest interest-rate -hiking cycle, and yet investors are already pricing in…
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