by Bloomberg.com | Apr 14, 2023 | alerts, Markets/Economy
Retail sales slipped 1%, manufacturing output dropped 0.5% Michigan data showed jump in year-ahead inflation expectations The US economy moderated gradually as the first quarter drew to a close, with elevated inflation and borrowing costs restricting household...
by Bloomberg.com | Apr 11, 2023 | alerts, Markets/Economy
Tech earnings growth this quarter may be weakest since 2009 Apple and Microsoft trading above their historical multiples This year’s rally in the shares of the biggest technology companies is the best thing going for bulls. It’s about to run into an earnings season...
by Bloomberg.com | Apr 11, 2023 | alerts, Markets/Economy
NFIB survey shows a net 9% of firms said loans harder to get Larger share sees tighter credit conditions in coming months More US small businesses reported having greater difficulty getting a loan in March after multiple bank failures led to a further tightening of...
by Bloomberg.com | Apr 10, 2023 | alerts, Markets/Economy
Apple Inc.’s personal computer shipments declined by 40.5% in the first quarter, marking a tough start to the year for PC makers still grappling with a glut of unsold inventory. Shipments by all PC makers combined slumped 29% to 56.9 million units — and fell below the...
by Bloomberg.com | Apr 6, 2023 | alerts, Markets/Economy
Bank economists see tighter credit for businesses, consumers Survey was taken after recent banking stress, trade group says US credit conditions for consumers and businesses are expected to deteriorate in the next six months to their worst level since the pandemic,...