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The stock rally is masking stagflation risk raised by the latest GDP report, JPMorgan says
Business Insider via Yahoo Finance· 7 days agoYuichiro Chino/Getty Images JPMorgan says the recent stock rebound driven by robust earnings masks...
Social Security Funds Are Running Dry. Don’t Panic.
The Wall Street Journal· 6 hours agoSocial Security is helping fuel the government’s overall spending challenges. Spending on Social Security represented 5% of U.S. gross domestic product...
Daily Spotlight: Raising 2Q GDP Growth Forecast to 1.9%
Argus Research via Yahoo Finance· 4 hours agoWe are raising our 2Q24 GDP forecast to 1.9% from 1.5% and are reducing our full-year 2024 GDP forecast to 1.8% from 2%. The U.S. economy is chugging along ...
Tennessee’s 2023 GDP outpaces the national average, but growth remains concentrated
Tennessee Lookout via Yahoo News· 5 hours agoTennessee’s economy continues to outpace the national average in gross domestic product growth, data...
Palantir Earnings Crush Estimates. Why the Stock Is Getting Crushed.
Barrons.com· 2 hours agoPalantir followed up its “bombastic” December quarter with even better results for the March quarter...
Medicare and Social Security go-broke dates are pushed back in a 'measure of good news'
WZZM 13 Grand Rapids· 4 hours agoThe go-broke dates for Medicare and Social Security have been pushed back as an improving economy...
Federal Reserve: High for longer, the sequel
The Forex Market· 1 hour agoThe message following the FOMC meeting of 30 April-1May, was unambiguous. It will take longer than expected to reach the point of confidence on the...
What's the missing policy piece to drive forward small business growth in 2024?
Evening Standard via Yahoo Finance· 6 minutes agoNow several months on, there is reason for SME optimism. Business confidence is at a high, inflation...
Stocks Gain on Bank Earnings, Rate Cut Optimism: Markets Wrap
Bloomberg via Yahoo Finance· 49 minutes ago(Bloomberg) -- Stocks remained close to their highest levels in about a month, with investors at...
JPM: Consensus earnings expectations for the S&P 500 this year look too optimistic By Investing.com
Investing.com· 6 hours agoAnalysts’ projections imply that S&P 500 earnings per share (EPS) will jump 17% between Q1 and Q4...