(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 »
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 …
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 »
Investors predict the Federal Reserve will cut rates when it faces a slowing economy next year, betting that the US central bank is much closer to ending its historic monetary tightening campaign than it was. did not announce it. Traders in the US government bond market are betting the Fed will be forced to cut …
Investors bet on interest rate cuts in 2023 despite Fed signals Read More »
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 »
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 …
Anshul Ruparell, founder and CEO of real estate firm Properly, announced the company was laying off 71 people in a public blog post after holding a town hall meeting with staff on November 15.Galit Rodan/The Globe and Mail Real estate startup Properly laid off about half of its workforce just months after raising $36 million …
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 …
