by Bloomberg.com | Apr 16, 2024 | alerts, Markets/Economy
Over 50% chance inflation may breach target for a third year Remolona says hawkish stance doesn’t mean further tightening The window for the Philippine central bank to start reducing the key rate in the second half of 2024 is narrowing as the risk that inflation may...
by Yahoo.com | Apr 15, 2024 | alerts, Markets/Economy
Global shipments of Apple’s (AAPL) iPhone fell nearly 10% in the first quarter despite a broader smartphone market recovery as the company continues to contend with rising challengers from China such as Xiaomi. According to market intelligence firm IDC, Apple’s Q1...
by Bloomberg.com | Apr 15, 2024 | alerts, Markets/Economy
Index of expected sales drops for first time in five months Homebuilders continue pulling back from sales incentives US homebuilder sentiment leveled off this month after a recent surge as would-be home buyers look for signs borrowing costs will fall. The National...
by Liberty Street Economics | Apr 15, 2024 | alerts, Markets/Economy
Beverly Hirtle and Anna Kovner In March of 2023, the U.S. banking industry experienced a period of significant turmoil involving runs on several banks and heightened concerns about contagion. While many factors contributed to these events—including poor risk...
by Bloomberg.com | Apr 12, 2024 | alerts, Markets/Economy
Geopolitical tensions push S&P 500 to worst week since October Brent crude and the dollar soar as traders flock to safety Just weeks ago, it all felt so easy. Jerome Powell was poised to kick off the great monetary pivot in earnest thanks to the steady demise of...
by Bloomberg.com | Apr 12, 2024 | alerts, Markets/Economy
Ministers of G-7, G-20 likely to discuss issue in Washington US, EU have worried EV industries at risk from China imports US Treasury Secretary Janet Yellen warned China’s leaders that the nation’s manufacturing power is a threat to global economic stability. Next...
