Tag: Economic indicators
China’s January PMI Contracts, December Profits Surge
China's Economic Landscape: January PMI Contracts, December Profits SurgeIn the heart of Sihong County, Suqian city, East China's Jiangsu province, workers at Sihong Guoshun...
December Core Inflation Rate Slows to 3.2%, Below Expectations
**Core Inflation Rate Slows to 3.2% in December, Below Expectations**In a surprising turn of events, the core inflation rate in December slowed to 3.2%,...
Wholesale Prices Rise 0.2% in December: Inflation Watch
**Wholesale Prices Rise 0.2% in December: Inflation Watch**Customers bustling through a Costco store in Novato, California on December 11, 2024, were met with a...
Inflation Gauge Rises to 2.3% Annually: Fed’s Preferred Target Met
Inflation has increased to 2.3% annually, hitting the Federal Reserve's preferred target as reported by the Commerce Department on Wednesday. The personal consumption expenditures...
Interest Rate Cuts Expected Gradually According to Fed Meeting Minutes
Federal Reserve officials recently discussed the state of the economy and the labor market during their November meeting, as reflected in the meeting minutes...
Navigating the Impact of Fed Rate Cuts on Banks: What You Need to Know
Falling interest rates can have a significant impact on banks, both large and small. When the Federal Reserve cuts its benchmark rate, it can...
Understanding the Significance of the 10-Year Treasury Yield Rebounding Above 4%
The 10-year Treasury yield, which is a key indicator for loans like mortgages and car loans, rose above 4% on Monday. This increase comes...
Key Focus: Preview of upcoming economic data and earnings reports from Costco and KB...
Upcoming Inflation Data & Earnings from Costco, KB Home: What to ExpectAs investors gear up for the upcoming week on Wall Street, there are...
U.S. Retail Sales Resilience Raises Uncertainty Over Fed Decision
U.S. Retail Sales Resilience Sparks Debate Over Fed DecisionThe recent resilience in U.S. retail sales has sparked uncertainty and debate over the Federal Reserve's...
Predicting Election Winners: Economic ‘Misery Index’ Favors Harris but Close
The race for the White House is heating up as the election draws nearer, with Democratic presidential nominee Vice President Kamala Harris and Republican...
Breaking Financial News
Deutsche Bank Shares Plunge 5% as Quarterly Profit Falls and Cost...
Deutsche Bank, Germany's largest lender, faced a tough quarter as its profits fell short of expectations, leading to a 5% drop in its shares....
