The Fed’s GDP tracker shows the economy could be on the brink of a recession
A widely followed Federal Reserve indicator indicates the U.S. economy. The Fed’s GDP tracker shows the economy could be on the brink of a recession. The U.S. economy heading for a second consecutive quarter of negative growth, meeting a general definition of a recession. In recent updates, the Atlanta Fed’s GDPNow tracker now points to […]
US Stock futures are slightly lower on Monday
Stock futures fell on Monday night after a sleepy day of trading. As investors await key inflation data releases later in the week. Futures tied to the Dow Jones Industrial Average were down 0.1%. S&P 500 futures and Nasdaq 100 futures also fell 0.1% each. In regular trading on Monday, the three major averages ended […]
US Stock Market rebound faces key inflation test
US stock market rebound faces key inflation test as Wall Street Week Ahead. A rally that pushed U.S. stocks off the edge of a bear market faces a major test next week. It is when consumer price data is offered. Offers insight into how much more the Federal Reserve will have to do in its […]
Trump’s summer plans include interrogation in a fraud lawsuit
Former President Donald Trump has agreed to be questioned under oath. The oath for up to seven hours in a class-action lawsuit over his years-long promotion of a troubled multi-level marketing company. The marketing company that sold desktop video phones. Trump’s children, Donald Trump Jr. and Eric Trump, as well as his daughter, Ivanka Trump, […]
The US economy is going into the toilet
JPMorgan Chase CEO Jamie Daman says an economic hurricane is coming. It seems like the US economy is going into the toilet. Tesla’s Elon Musk says he has a very bad feeling about the decline. Companies are reducing their earnings forecasts. Oh, and we’re in the midst of an energy and inflation crisis, and stocks […]
Australian billionaire criticizes Elon Musk’s return to Work Order
Australian billionaire criticizes Elon Musk’s return to work order when his $48 billion company revealed a major security flaw. The Australian tech billionaire Scott Farquhar has begun a war of words with Tesla CEO Elon Musk. It was over the latter’s return-to-work policies. But a Twitter feud with Musk may have to wait, as Farquhar’s […]
Why DigitalOcean stocks up to 24% in May
Every third person have question about DigitalOcean, why digital ocean stocks up to 24% in May? The stock has fallen so far. Most People are beginning to see an undervalued buying opportunity. DigitalOcean Holdings (DOCN 3.83%) grow up to 23.9% in May. The data provided by S&P Global Market Intelligence. Early in the month, the […]