Bank of America
Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
Berkshire Hathaway
Wall Street: Dow Surges 500 Points And Tesla Stock Jumps Over 6%
The Dow jumped over 500 points and the Nasdaq increased 2% on Thursday as retail sales data indicated resilient consumer spending, somewhat calming fears of a possible recession.
Alphabet
Wall St edges lower as volatile week draws to a close
Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.
2022
Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now
The number of Americans filing new applications for unemployment benefits fell more than expected last week, easing fears of an unraveling labor market.
Apple
Wall Street Makes A Comeback: Dow Jumps Over 500 Points After Monday’s Horrific Stocks Day
Wall Street somewhat rebounded from a disaster on Tuesday, as main stock indexes grew over 1%. Investors searched for bargains after a global stock selloff and panic of a possible recession occurred on Monday.
Apple
Wall Street Disaster: Dow, Nasdaq Nosedive As Recession Fears Cause Global Sell-Off
Wall Street’s main indexes plummeted on Monday, as fears are continuing to grow that the United States is going into a recession following last week’s economic numbers ripping through global markets.
Becky Frankiewicz
Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%
U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession.
alerts
Unemployment Claims Increase To Highest Level Since September 2023
A new report has revealed that the number of jobless claims has reached the highest in 10 months.
2% target
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
big-ticket items
US consumer confidence retreats slightly; house prices remain elevated
The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.