Estimates for 2023 EPS have started to tank with the S&P 500's 2Q earnings season, while beats in 1Q and 2Q are helping keep the full-year outlook afloat. Fiscal 2022 expectations have been volatile...Read More

Shipping costs, which had surged and helped increase inflation amid virus- fueled bottlenecks and a shortage of containers, are slowly approaching pre- pandemic levels.Read More

It’s not just investors who have become fixated on the possibility of a looming global economic recession. The number of times the word ”recession” has been mentioned in news articles has surged to levels...Read More

The Fed has many tools at its disposal to control the economy’s primary variables such as interest rates, inflation, and its currency strength. But what happens when the Fed loses complete control for one of these variables? In the case of inflation, a recession becomes the play.Read More

Traditional assets are not the only ones taking a hit with the new interest rate environment. Cryptocurrencies have been faced with violent selling pressure as well.Read More

Consumer-price growth accelerated in most US regions last month, with the notable exception of the Mountain states, where inflation remained elevated but slowed down from the aggressive pace that engulfed the area earlier this yearRead More

Prices are lower again following three weekly losses, the worst run this year. Investors are recalibrating their desire for the non-interest-bearing asset as yields and the dollar push upward.Read More

Tech investors haven’t taken a beating like this in nearly 14 years. The Nasdaq 100 Index plunged more than 13% in April, its worst monthly performance since October 2008. Fears that a string of aggressive Federal Reserve rate hikes this year could lead to a major slowdown in the U.S.Read More

Netflix Inc. lost customers for the first time in a decade last quarter, and the streaming service is forecasting even more in the current three-month period. Netflix projected it will shrink by another 2 million customers...Read More

A recent survey by American Autos Association indicates that 59% of American drivers would change their lifestyle or habits if gasoline costs more than $4 per gallon at the pump. U.S. gasoline prices...Read More