Wednesday, January 22, 2020
Tags U.s. economy

Tag: u.s. economy

Goldman Sachs has a new model to track recessions and it...

Goldman Sachs thinks other forecasters have flawed models to predict economic cycles including recessions.The median U.S. economic forecaster predicts that there is a 35%...

Federal deficit increases 26% to $984 billion for fiscal 2019, highest...

The U.S. Treasury on Friday said that the federal deficit for fiscal 2019 was $984 billion, a 26% increase from 2018 but still short...

Gaming the game: Popular video games can be vulnerable to hackers

You're playing a video game.Imagine being able to see through walls, control your gun's recoil or shoot people far away without missing. This might...

Thursday’s manufacturing related data could show whether cracks in economy are...

Thursday's economic calendar contains several reports that could shed more light on how much the manufacturing sector is slowing down, and whether its weakness...

SoftBank takes 80% ownership of WeWork, announces $5 billion in new...

SoftBank has struck a deal to take control of WeWork, the co-working company announced.The company said the Japanese conglomerate will provide $5 billion in...

Long-term negative rates have ‘adverse consequences’ we don’t fully understand, says...

Jamie Dimon, chief executive officer of U.S. banking giant J.P. Morgan Chase, told CNBC-TV18 that lowering interest rates is not a game-changer in driving...

Democrats’ wealth tax plans should give Wall Street ‘lots to worry...

One Wall Street economist on Monday warned clients about the tax proposals touted by Democratic presidential hopefuls Sens. Elizabeth Warren, D-Mass., and Bernie Sanders,...

Still scope for US interest rate cut, says IMF’s chief economist

There is still room for the U.S. Federal Reserve to cut interest rates, the International Monetary Fund's (IMF) chief economist suggested ahead of the...

China rolls out the red carpet for other countries as it...

Jim Watson | AFP | Getty ImagesChina is "rolling out the red carpet for the rest of the world" by lowering tariffs with other...

Adobe looks cheap to trade ahead of earnings

Adobe's upcoming earnings report could be a moment for traders to cash in.The options market is implying about a 4% move in either direction...