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Tag: Recessions and depressions

First Republic in limbo as US regulators juggle bank’s fate

April 30, 2023April 30, 2023 · Breaking News

NEW YORK — Regulators searched for a solution to First Republic Bank’s woes over the weekend, hoping to find a way forward before U.S. stock markets opened Monday.…

Read more First Republic in limbo as US regulators juggle bank’s fate

Stock market today: Tokyo gains, most Asian markets closed

April 30, 2023April 30, 2023 · Finance

Shares advanced Monday in Tokyo and Sydney while most Asian markets were closed for May 1 holidays. The traditional Labor Day holidays around the globe likely limited initial…

Read more Stock market today: Tokyo gains, most Asian markets closed

First Republic up in air as regulators juggle bank’s fate

April 30, 2023April 30, 2023 · Finance

Regulators continued their search for a solution to First Republic Bank’s woes over the weekend before stock markets were set to open Monday. San Francisco-based First Republic has…

Read more First Republic up in air as regulators juggle bank’s fate

First Republic up in air as regulators juggle bank’s fate

April 30, 2023April 30, 2023 · US News

Regulators continued their search for a solution to First Republic Bank’s woes over the weekend before stock markets were set to open Monday. San Francisco-based First Republic has…

Read more First Republic up in air as regulators juggle bank’s fate

Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it

April 29, 2023April 29, 2023 · World News

As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to capture the gains from their outperformance. Matt Bartolini,…

Read more Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it

A key inflation gauge tracked by Fed remained high in March

April 28, 2023April 28, 2023 · Breaking News

WASHINGTON — A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest…

Read more A key inflation gauge tracked by Fed remained high in March

After weak start to year, airlines expect profitable summer

April 27, 2023April 30, 2023 · Finance

DALLAS — Most U.S. airlines lost money in the first quarter, traditionally the weakest time of year for travel, but they are all eagerly looking ahead to a…

Read more After weak start to year, airlines expect profitable summer

How will we know if the US economy is in a recession?

April 27, 2023April 27, 2023 · Breaking News

WASHINGTON — The government’s report Thursday that the economy grew at a 1.1% annual rate last quarter signaled that one of the most-anticipated recessions in recent U.S. history…

Read more How will we know if the US economy is in a recession?

US economic growth likely slowed in January-March quarter

April 26, 2023April 27, 2023 · US News

WASHINGTON — Despite surging interest rates, punishing inflation and global turbulence, the U.S. economy stood firm last year. From employers to consumers, the picture was one of surprising…

Read more US economic growth likely slowed in January-March quarter

Economic growth likely was solid to start the year, but that could end the good news for a while

April 26, 2023April 26, 2023 · Business

The U.S. economy likely grew at a solid pace to start the year, though things are expected to get worse before they get better. First-quarter gross domestic product…

Read more Economic growth likely was solid to start the year, but that could end the good news for a while

China boosts German business optimism, but challenges ahead

April 24, 2023April 24, 2023 · Finance

A key measure of German business optimism rose in April for the seventh month in a row amid lower natural gas prices and the reopening of the Chinese…

Read more China boosts German business optimism, but challenges ahead

Struggling Bed Bath & Beyond files for bankruptcy protection

April 23, 2023April 23, 2023 · Finance

UNION, N.J. — Bed Bath & Beyond has filed for bankruptcy protection, but its stores and websites will remain open and continue serving customers, the company said. The…

Read more Struggling Bed Bath & Beyond files for bankruptcy protection

Struggling Bed Bath & Beyond files for bankruptcy protection

April 23, 2023April 23, 2023 · US News

Bed Bath & Beyond has filed for bankruptcy protection, but the company says its stores and websites will remain open and continue serving customers UNION, N.J. — Bed…

Read more Struggling Bed Bath & Beyond files for bankruptcy protection

Gas prices rise again in New Jersey and around the nation

April 22, 2023April 22, 2023 · Finance

Gas prices continued to rise in New Jersey and around the nation at large this past week TRENTON, N.J. — Gas prices continued to rise in New Jersey…

Read more Gas prices rise again in New Jersey and around the nation

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 ticks higher ahead of another busy earnings week

April 17, 2023April 17, 2023 · Breaking News

Wall Street is pointing modestly higher in subdued trading early Monday ahead of another busy week of corporate earnings reports that should offer clues about how businesses are…

Read more Wall Street ticks higher ahead of another busy earnings week

This one-of-a-kind suite of ETFs may help investors during economic slumps

April 15, 2023April 16, 2023 · Business

Investors may have a new way to generate income during economic declines. Innovator launched a one-of-a-kind suite of barrier ETFs this month that provides protection by purchasing U.S.…

Read more This one-of-a-kind suite of ETFs may help investors during economic slumps

Top Fed official sees need for more interest rate increases

April 14, 2023April 14, 2023 · US News

WASHINGTON — A senior Federal Reserve official said Friday that there has been little progress on inflation for more than a year and that more interest rate hikes…

Read more Top Fed official sees need for more interest rate increases

US retail sales fall 1% amid high inflation, rising rates

April 14, 2023April 14, 2023 · Finance

WASHINGTON — Americans cut their spending at retail stores in March for the second straight month, a sign consumers are becoming more cautious after a burst of spending…

Read more US retail sales fall 1% amid high inflation, rising rates

‘Quiet luxury’: No flash, no logos, but big-time style

April 14, 2023April 14, 2023 · Entertainment

They’re the biggest of brands Source link

Read more ‘Quiet luxury’: No flash, no logos, but big-time style

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