how strong is the u.s. economy today
- ECONOMY
consumer payments climb 7% in July, with rents rising 7.4%, BofA Institute says (NYSE:BAC)
jiang suying/E+ via Getty Images Consumer payments rose 7% Y/Y in July, roughly in line with June, the Bank of…
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Investors embrace risk assets in Monday trading, even as
NicoElNino Investors’ willingness to take on more risk persisted Monday afternoon even as the S&P 500 and the Nasdaq turned…
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What companies are most exposed to the Inflation Reduction Act?
designer491/iStock via Getty Images After more than 15 hours of amendments and a “vote-a-rama” session that stretched into Sunday afternoon,…
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Jobs growth picks up steam in July, adding 528K, unemployment rate falls to 3.5%
Photology1971 Total nonfarm employment and the unemployment rate have both returned to their February 2020 prepandemic levels, the U.S. Bureau…
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Markets will be looking for signs of cracking in Friday’s jobs report
hapabapa/iStock Editorial via Getty Images Investors and the Federal Reserve will get another glimpse into how strong the labor market…
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Inflation fight: Fed officials remain adamant about restrictive policy
Douglas Rissing Hawkish comments from several Fed presidents are countering a recent narrative taking hold of financial markets, in which…
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With Federal Reserve poised for another 75 bp rate hike, what’s next?
Nuthawut Somsuk The Federal Open Market Committee meets again on Wednesday to decide how much to raise interest rates as…
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Apple reportedly planning to slow down hiring into 2023
Nikada/iStock Unreleased via Getty Images Apple (NASDAQ:AAPL) appears to be joining a slate of tech giants that, at the very…
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BofA slashes S&P 500 target, sees only a fifth of market bottom signs triggered
deberarr A mild recession in the second half of this year will weigh on the broader market, BofA Securities says.…
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Atlanta Fed’s Bostic may consider full percentage point rate hike after CPI surge
ablokhin Atlanta Fed President Raphael Bostic on Wednesday suggested that the Federal Reserve may have to consider a 100 basis…
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Why stocks could get a near-term pop after CPI arrives Wednesday
lorozco3D With inflation likely reaching its apex, a benign retail inflation number should spur a risk-on rally, according to Wells…
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Bank of America credit, debit card spending (NYSE:BAC)
Tom Werner Bank of America (NYSE:BAC) aggregate credit and debit card spending climbed 11% Y/Y in June, with credit card…
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Federal Reserve officials saw possibility of being more hawkish if inflation persists
uschools The Federal Reserve’s policymakers judged that an increase of 50 or 75 basis points “would likely be appropriate at…
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IEA warns China will soon produce 95% of the solar supply chain
xijian Many in the West are fearful of losing a global technology race to Chinese dominance, especially with regards to…
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Kansas City Fed’s Esther George sees 50-bp hike as an option in May meeting
JimVallee/iStock via Getty Images A 50-basis-point rate hike will be an option when the Federal Open Market Committee meets in…
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Rupee And Bond Update – February 22, 2022: Reliance Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Give Amazon and Facebook a Seat at the United Nations
(Bloomberg Opinion) — It’s getting harder to distinguish brands from nation-states. The resemblance is not simply semiotics: logos (flags), anthems…
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Airlines Are Ripping Out Business Seats to Create a New Middle Class
(Bloomberg Businessweek) — For decades, ferrying tourists to vacation destinations has helped major airlines cover basic costs, but the front…
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The Curious Case Of HDFC Bank’s ‘Penalties’ On Fraudulent Loan Applications
A practice at India’s largest private lender HDFC Bank Ltd. to levy a “processing fee” on loan applications submitted with…
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Thinkpad: 🚀🚀🚀
Happy Sunday. If you’ve run out of descriptors for the stock market rally, we’re with you. So, we figured we’d…
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Astra Reports Positive Lynparza Results for Prostate Cancer
(Bloomberg) — AstraZeneca Plc reported positive high-level results for use of its blockbuster drug Lynparza to treat prostate cancer, continuing…
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How Target Got Cozy With the Cops, Turning Black Neighbors Into Suspects
(Bloomberg Businessweek) — Before police Sergeant Alice White assigns officers to work off duty at the East Lake Street Target…
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If Hardwood Floor Prices Have You Down, Try a More Eco-Friendly Option
(Bloomberg Businessweek) — Hardwoods are often a first choice when it comes to flooring, but they’re not perfect for every…
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Nearly Three Years In, India Post Payments Bank In Violation Of Key Licensing Provision
Why Is The Transfer Delayed? The reasons behind the delays give an insight into why India Post Payments Bank had…
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Stocks To Watch: Thyrocare Technologies, Barbeque Nation, Lupin, JSW Energy, Finolex Industries
Thyrocare Technologies: Promoters to sell 3.49 crore equity shares, representing 66.14% of the equity share capital, at Rs 1,300 per…
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Solar Storms Are Back, Threatening Power Grids and Satellites
(Bloomberg) — A few days ago, millions of tons of super-heated gas shot off from the surface of the sun…
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RIL – Impressive Q4 Performance But Challenges Ahead: Prabhudas Lilladher
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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The Pandemic Is Creating a ‘Postwar Boom’ for Luxury Carmakers
(Bloomberg) — Famously reticent to disclose how many cars they sell or at what amount of profit, luxury automakers are finding it…
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Kalyan Jewellers IPO- Outlook And Valuation: Angel Broking
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Zillow Accused in Suit of Squashing Competition in Home Listings
(Bloomberg) — Zillow Group Inc. stifles competition in home listings online, leading to less choice and higher prices for consumers,…
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When Does a Commodities Boom Turn Into a Supercycle?
(Bloomberg) — A surge in commodity prices has Wall Street banks gearing up for the arrival of what may be…
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CBI Summons TMC Leader Abhishek Banerjee’s Wife Rujira In Coal Pilferage Case
The Central Bureau of Investigation on Sunday served a notice to the wife of Trinamool Congress leader Abhishek Banerjee at…
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