Data from January showed that consumers cut their spending by 0.2% from the previous month, the first decline since March 2023. With two-thirds of U.S. economic activity being driven by consumption, ...
Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down ...
The Dow Jones Industrial Average dropped 890 points, or 2.1%, after paring an earlier loss of more than 1,100, while the ...
While the U.S. may not be in a recession today, there are four economic indicators that suggest the U.S. economy may be ...
The storied investment bank has forecast GDP growth to come in below Wall Street’s consensus for the first time in 2½ years.
In late January, the Department of Justice (DOJ) under Trump sued to block Hewlett Packard Enterprise from acquiring Juniper Networks in a $14 billion deal. The DOJ alleged that the acquisition, which ...
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration ...
Goldman Sachs BDC struggles with dividend cuts & credit concerns despite a favorable interest rate environment. Read my GSBD ...
To name a few examples, megabank Bank of America ( BAC -5.74%) was down by 6% for the day. Investment banking leader Goldman ...
That’s according to Goldman Sachs strategists, who on Monday bumped their target on China’s CSI 300 index XX:000300, up 0.3% so far this year, to 4,700 from 4,600, which they say implies a 19% ...
Hundreds of thousands of federal workers have been given little more than 48 hours to explain what they accomplished over the last week, sparking confusion across key agencies as billionaire Elon ...