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Tag: Off the charts

Consumers are spending, but Wall Street and businesses expect a tighter squeeze ahead

Consumers are spending, but Wall Street and businesses expect a tighter squeeze ahead

June 23, 2023June 23, 2023 · Business

NEW YORK (AP) — Investors and a wide range of retailers are taking a dim view of the remainder of 2023 and expect consumers to buckle under pressure…

Read more Consumers are spending, but Wall Street and businesses expect a tighter squeeze ahead
As profit recession hits, Wall Street hopes it’s the bottom

As profit recession hits, Wall Street hopes it’s the bottom

April 19, 2023April 20, 2023 · Business

NEW YORK (AP) — Profits are falling for companies, and the only question is how much worse they will get. Big U.S. companies are lining up to report…

Read more As profit recession hits, Wall Street hopes it’s the bottom
Wall Street bets on better days ahead for US homebuilders

Wall Street bets on better days ahead for US homebuilders

April 9, 2023April 9, 2023 · Business

LOS ANGELES (AP) — Homebuilder stocks are on a tear as investors bet that a dearth of previously occupied homes on the market and moderating mortgage rates will…

Read more Wall Street bets on better days ahead for US homebuilders
After last year’s stunning failure, bonds show up for safety

After last year’s stunning failure, bonds show up for safety

March 19, 2023March 20, 2023 · Business

NEW YORK (AP) — Suddenly, bonds are again living up to their reputation as the safe part of an investor’s portfolio. As stocks sank worldwide over the last…

Read more After last year’s stunning failure, bonds show up for safety
Plunging natural gas prices relieve inflation pressure

Plunging natural gas prices relieve inflation pressure

February 17, 2023February 17, 2023 · Business

NEW YORK (AP) — The price of natural gas used to heat homes and generate electricity is plunging this year, thanks to a mild winter in the U.S.…

Read more Plunging natural gas prices relieve inflation pressure
Wall Street braces for earnings to get hit by inflation

Wall Street braces for earnings to get hit by inflation

January 18, 2023January 18, 2023 · Business

NEW YORK (AP) — Wall Street expects companies to face a reckoning with the realities of hot inflation, a slowing economy and rising interest rates in the latest…

Read more Wall Street braces for earnings to get hit by inflation
Wall Street may get much worse in 2023 before getting better

Wall Street may get much worse in 2023 before getting better

December 18, 2022December 18, 2022 · Business

NEW YORK (AP) — The worst may be yet to come for the stock market. Wall Street’s mini-rebound since mid-October has recovered some of the index’s sharp losses…

Read more Wall Street may get much worse in 2023 before getting better
Fed matches year of hot inflation with feverish rate hikes

Fed matches year of hot inflation with feverish rate hikes

December 7, 2022December 7, 2022 · Business

NEW YORK (AP) — Wall Street expects the impact of the Federal Reserve’s most aggressive year of interest rate hikes in at least three decades to continue to…

Read more Fed matches year of hot inflation with feverish rate hikes
High mortgage rates send homebuyers scrambling for relief

High mortgage rates send homebuyers scrambling for relief

November 27, 2022November 28, 2022 · Business

LOS ANGELES (AP) — Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of…

Read more High mortgage rates send homebuyers scrambling for relief
Trimming the fat: inflation finally hitting profit margins

Trimming the fat: inflation finally hitting profit margins

November 17, 2022November 17, 2022 · Business

NEW YORK (AP) — Corporate profits have withstood raging inflation over much of the last year, but those good times may be ending. Profits stayed fat even as…

Read more Trimming the fat: inflation finally hitting profit margins
Energy stocks get oil price support as recession looms

Energy stocks get oil price support as recession looms

October 27, 2022October 27, 2022 · Business

NEW YORK (AP) — Surging oil prices charged energy stocks through 2022 and could keep supporting the sector despite a looming recession and stubbornly hot inflation squeezing consumers.…

Read more Energy stocks get oil price support as recession looms
Rare bear market in bonds strips investors of safe haven

Rare bear market in bonds strips investors of safe haven

September 26, 2022September 29, 2022 · Business

NEW YORK (AP) — A rare bear market in bonds hasn’t gotten much attention, but it may be inflicting more pain on investors than the downturns for stocks,…

Read more Rare bear market in bonds strips investors of safe haven
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