-
Mohamed El-Erian Calls For Prompt Fed Rate Cuts, Another Expert Says 'Bankruptcy Cycle Kicking Into High Gear' And More: This Week In Economics
Sunday, June 23, 2024 - 5:44am | 549Read More...The past week has been a rollercoaster ride for the U.S. economy. As the corporate bankruptcy wave looms, tech stocks continue to soar, and China maintains its key interest rate. Here’s a quick recap of the top stories that shaped the week. Bankruptcy Wave Kicks Into High Gear Danielle...
-
'Americans Are Falling Behind' In Employment, Expert Says 'Bankruptcy Cycle Kicking Into High Gear'
Tuesday, June 18, 2024 - 6:13am | 566Read More...The U.S. economy is on the precipice of a corporate bankruptcy wave, potentially leading to a significant increase in job losses, warns Danielle DiMartino Booth, a Wall Street forecaster. What Happened: Booth, the CEO of QI Research, noted that this is the highest number of bankruptcies recorded...
-
Stock Bloodbath Continues, Pushing S&P 500 Into Bear Market Ahead Of Critical Fed Meeting
Monday, June 13, 2022 - 2:50pm | 622Read More...The S&P 500 officially dropped into bear market territory Monday as global financial markets continue to decline following the latest round of U.S. inflation data. The SPDR S&P 500 ETF Trust (NYSE: SPY) was trading lower by 2.7% on Monday, the SPDR Dow Jones Industrial Average ETF...
