cuts

Stocks fluctuate with Fed cuts intact: Market recap

Stocks fluctuate with Fed cuts intact: Market recap

(Bloomberg) – Stocks have fluctuated on speculation that a higher-than-expected producer price reading won’t be enough to dissuade Federal Reserve officials from reducing their pace of rate hikes next week, as they did recently. reported. Bloomberg’s Most Read “With traders on edge, any indication that prices remain high and inflation is more rigid than currently …

Stocks fluctuate with Fed cuts intact: Market recap Read More »

Oil plunge, tech meltdown and Fed cuts?  Strategist shares possible market "surprises" in 2023

Oil plunge, tech meltdown and Fed cuts? Strategist shares possible market “surprises” in 2023

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …

Oil plunge, tech meltdown and Fed cuts? Strategist shares possible market “surprises” in 2023 Read More »

Tesla hits record monthly sales, reports China production cuts

Tesla hits record monthly sales, reports China production cuts

You’re here (TSLA) sold a record number of Chinese-made vehicles in November, according to data released Monday by the electric vehicle giant. However, multiple reports on Monday said Tesla also plans to cut electric vehicle production in China as demand appears to be weakening. Tesla stock fell on Monday. X The electric vehicle giant on …

Tesla hits record monthly sales, reports China production cuts Read More »

OPEC+ mulls further oil production cuts ahead of Russia sanctions and proposed price cap

OPEC+ mulls further oil production cuts ahead of Russia sanctions and proposed price cap

OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will meet on Sunday to decide the next phase of production policy. Bloomberg | Bloomberg | Getty Images OPEC and non-OPEC oil producers could impose deeper oil production cuts on Sunday, energy analysts said, as the influential energy alliance weighs the impact …

OPEC+ mulls further oil production cuts ahead of Russia sanctions and proposed price cap Read More »

Morgan Stanley cuts its outlook on the US housing market, where it expects a house price correction in 2023

Morgan Stanley cuts its outlook on the US housing market, where it expects a house price correction in 2023

Nationally, home prices fell 1.3% between June and August. It marked the first decline measured by the lagged Case-Shiller National Home Price Index since 2012. It’s more than a small dive, it’s a change of trajectory. At least, that’s according to the latest forecasts produced by Morgan Stanley’s economics team. This year, Morgan Stanley expects …

Morgan Stanley cuts its outlook on the US housing market, where it expects a house price correction in 2023 Read More »

Daily Crunch: Nigerian startup that stored 'day-to-day operating budget' on FTX announces staff cuts

Daily Crunch: Nigerian startup that stored ‘day-to-day operating budget’ on FTX announces staff cuts

For a preview of the biggest and most important stories from TechCrunch delivered to your inbox every day at 3:00 PM PDT, subscribe here. Hello and welcome to the start of another week. As mentioned last Friday, It came is out of scuba diving, leaving the rest of us to pick up the Twitter and …

Daily Crunch: Nigerian startup that stored ‘day-to-day operating budget’ on FTX announces staff cuts Read More »