U.S. Economic Growth Slows to 1.6%
Lead: U.S. economic growth falls short of expectations in the first quarter, raising concerns about inflation and future prospects....
U.S. economic growth
OPEC Sticks to Oil-Demand Growth View, Raises Economic Forecast
OPEC has maintained its global oil-demand growth expectations but raised its economic forecast due to easing inflation and anticipated...
UBS Group Recommends Investing in Small-Cap Stocks
U.S. small-cap stocks, which make up just 6% of the U.S. equity market, are expected to gain as the...
U.S. National Debt Hits Record $34 Trillion
The U.S. federal government's gross national debt has reached a record high of over $34 trillion, posing challenges for...
Industrials Climb as US GDP Revised Lower
In a positive turn for industrial and transportation companies, shares have risen following a revision of U.S. economic growth...
Fed’s Bostic Confident in Soft-Landing Forecast as Inflation Falls
Atlanta Fed President Raphael Bostic expressed confidence in his forecast of a soft landing for the U.S. economy, stating...
Power Producers Surge as Traders Seek Defensive Sectors
In today's market, power producers are seeing a boost in their shares as traders shift towards defensive sectors due...
U.S. Stocks Slide as Powell Signals Possible Rate Hikes
U.S. stocks closed lower on Thursday as Treasury yields climbed, following remarks from Federal Reserve Chair Jerome Powell suggesting...
30-year Treasury rate briefly pierces 5% amid upward revisions to U.S. economic growth
In a surprising turn of events, the 30-year government bond rate briefly surpassed 5% during morning trading in New...