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Daily Spotlight: Second Revision for 1Q GDP Due Today
Argus Research via Yahoo Finance· 1 day agoNondurable goods were flat. Durable goods were down 1.2% and cut nine basis points from output. If there is a consolation to the weak spending on goods it is that...through ...
Markets Take Profits Ahead of Long Weekend
Zacks via Yahoo Finance· 1 week agoIn any case, heading north from the 50 breakeven point is good for the Manufacturing sector as well. We know this space has faced...November of last...
Fed rate cuts face big reset on renewed inflation risks
TheStreet via Yahoo Finance· 4 days agoThat was also partly confirmed by a better-than-expected reading of April durable goods orders,...
Euro area and US PMIs surprise to the upside
The Forex Market· 1 week agoThe flash release showed consumers' inflation expectations ticking notably higher, but the recent decline in retail gasoline prices could mean that...
Q1 GDP revised down on lackluster consumer spending
FOX Business· 18 hours agoThe second estimate for real gross domestic product (GDP) in the first quarter of 2024 was revised downward, according to the Bureau of Economic Analysis...
Gold gains today, still ends week down over 3%
The Forex Market· 7 days agoGold price stabilized on Friday after registering back-to-back days of losses, climbing some 0.23%.
Job-seekers beware: These industries are most affected by layoffs, according to data
Staten Island Advance· 4 days agoIn fact, data from the Bureau of Labor Statistics shows there were about 19.6 million layoffs across...
Rating Agencies Expect More Downgrades Among US Corporate Bonds
PYMNTS.com· 4 days agoRating agencies reportedly expect a greater share of the lowest-quality investment-grade bonds to be...
Morning bid: Fed fears overwhelm AI theme, gold recoils
Reuters via Yahoo Finance· 1 week agoIn an extraordinary turnabout in just five months, financial markets now fully price just one...
Gold Price Forecast: XAU/USD eyes $2,310 support, as rising wedge remains in play
The Forex Market· 1 week agoThe US Dollar and US Treasury bond yields consolidate weekly gains amid a dour mood. Gold price...
