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Markets
Dow Jones Industrial Average Forecast: DJIA is only major index to gain on Wednesday
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Dow Jones Industrial Index continues month-long rally…
Fed’s Bostic says he’s more confident in his soft-landing forecast
Atlanta Fed President Raphael Bostic said Wednesday that he is more confident in his forecast of a soft landing for the U.S. economy. “I think inflation…
US Dollar stands neutral following GDP revisions, Fed Beige book
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The DXY Index is bearing a slight uptick, lingering…
GameStop stock soars toward biggest 2-day gain 9 months
Shares of GameStop Corp.
GME,
+23.31%
ran up 15.4% toward a seven-week high, as the original “meme” stock continued to get a boost from…
Inside a hedge fund disaster
In 2007, when Dan Och took his hedge fund public, he was making a bet that his company would stand the test of time. More than 15 years, a bribery scandal, and a feud with his…
Beige Book: Economic activity slowed
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According to Federal Reserve’s Beige Book, “economic…
Would a 2024 recession be ‘dire’ for stocks? Why Citi expects S&P 500 earnings to climb next year.
S&P 500 earnings can turn higher in 2024 even with lingering macroeconomic concerns that have some economists anticipating a recession next year,…
Take NatWest shares into Britain’s classrooms
This article is the latest part of the FT’s Financial Literacy and Inclusion CampaignFor stock market investors, there was little of note in last week’s Autumn Statement apart from…
Canadian Dollar flat against the US Dollar after US GDP beats the street
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Canadian Dollar is seeing mixed results but drops…
Exxon CEO Darren Woods likely to attend COP28 – sources
© Reuters. Darren Woods, CEO of ExxonMobil, speaks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023.…