CEO outlook dims sharply, with more than half expecting a recession ahead, survey shows
Corporate executives are taking a dim view of their prospects, with a majority now expecting a recession ahead,...
Households are now spending an estimated $5,000 a year on gasoline
A woman rides an electric bike past a gas station as current gasoline prices continues to climb close...
Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll
Higher mortgage interest rates are hitting homebuyer affordability hard, and that is showing up in a sharp drop...
Powell says the Fed will not hesitate to keep raising rates until inflation comes down
Jerome Powell, chairman of the U.S. Federal Reserve, arrives for a Senate Banking Committee hearing in Washington, D.C.,...
Stock futures are little changed ahead of key inflation reading
Stock futures were little changed in overnight trading Tuesday ahead of a key inflation reading. Futures on the...
From Estee Lauder to Apple, big companies say China’s Covid restrictions are hitting business
Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is...
Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms
Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in...
The Federal Reserve’s fight with inflation could cool the hot labor market, risking stagflation
The Federal Reserve is hiking interest rates in an effort to defuse an explosive year of price inflation....
Warren Buffett rips Wall Street for turning the stock market into ‘a gambling parlor’
Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning...
Nasdaq futures rise as market attempts comeback from April sell-off, Meta shares soar
Stock futures rose in overnight trading as the market shook off the April sell-off and investors reacted positively...
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