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Former Treasury Secretary Larry Summers Vs. Janet Yellen: Is A Recession Inevitable?
Monday, July 25, 2022 - 4:12pm | 496Many economists, notable investors, CEOs, and media outlets have been trying to predict the course of the U.S. economy, however, former U.S. Secretary of the Treasury Larry Summers has been accurate when speaking on surging inflation and supply-chain issues. What Happened: According to a Sunday CNN...
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Non-Farm Payrolls Preview: Is The Equity Gloom On The U.S. Economy Warranted?
Thursday, January 3, 2019 - 12:03pm | 988Crucial payrolls report as equities signal global economic concerns spreading to United States Christmas retail sales indicate American healthy consumer spending Moderate improvement expected in job creation The U.S. Labor Department will issue its Employment Situation Report on Friday January...
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WalletHub's 11 (Mostly) Upbeat Economic Predictions For 2015
Wednesday, December 17, 2014 - 3:45pm | 1037For many investors, the most coveted super power – assuming super powers were possible -- would likely be the ability to foretell the future accurately. Personal finance social network, WalletHub, with help from a panel of experts, offered the next best thing with 11 economic predictions...
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TD Ameritrade Chief Strategist JJ Kinahan On The Economy In 2015: 'We Can Go Higher'
Thursday, December 11, 2014 - 7:04pm | 118Speaking to Benzinga, TD Ameritrade Chief Strategist JJ Kinahan said that there are are three things that would bode well for the U.S. economy in 2015. He said the U.S. is in a good spot with retail and employment numbers. "Now, if we get that third magic leg of housing, we’re in a...
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Union Pacific vs. CSX - Which Is The Better Ride for 2014?
Monday, January 27, 2014 - 2:20pm | 480In the world of investing, there are literally thousands of companies, and dozens of industries, which qualify as great investments. Many of these may not have the same prestige as that of some other companies, and some may go entirely unknown to the public. Railroad companies exemplify this...
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Larry Summers On Why Economic Growth Over Next Five Years Is Crucial
Thursday, January 23, 2014 - 12:38pm | 441Lawrence “Larry” Summers, former U.S. Secretary of the Treasury, former President of Harvard, and former Director of the White House United States National Economic Council, appeared on CNBC's Squawk Box where he discussed the importance of building out infrastructure during a tepid economy. “I...
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Market Wrap For December 5: Market Participants Anxiously Await Tomorrow's Employment Report
Thursday, December 5, 2013 - 6:00pm | 2246Stock futures pointed to a lower open following premarket data revealing that the U.S. economy and job market are improving faster and stronger than expected. Selling began at the bell and continued for the entire day as major indices failed to hold on to any rallying gains. Investors and...
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EXCLUSIVE: Mortgage Marvel's Rick Allen Chats Business, The Economy And Debt Reduction
Friday, August 16, 2013 - 4:13pm | 542Rick Allen is the chief operating officer of Mortgage Marvel, a site that provides competitive mortgage quotes to users so that they can find lenders fast, and without providing much information. He talked with Benzinga about the what the company has been up to, as well as ways for people to...
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No 'Knee-Jerk Reactions' With Economic Strategy Says Customers Bank CEO Jay Sidhu
Wednesday, July 10, 2013 - 9:06am | 530Jay Sidhu, Customers Bank CEO and Chairman, drew points to why the economy isn't going to get better while addressing the Fed's strategies for tackling the growing situation. The Fed has eased the stress of a tough economy with lower interest rates, which translates into soon-to-be retirees...
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Caterpillar Earnings Surprise, Shares Rise
Monday, January 28, 2013 - 10:14am | 398Caterpillar Inc. (NYSE: CAT), the producer of heavy manufacturing equipment, reported fourth quarter earnings that beat estimates excluding a one-time item Monday. Shares rose in the pre-market on the release on the beat and on the company's guidance for future earnings. For the fourth quarter...
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How To Fix The U.S. Economy Fast
Thursday, September 8, 2011 - 8:23pm | 405Problem; High unemployment, stagnant economic growth, government infighting. Goal; Make businesses feel confident that there is a bright economic future and that they can feel comfortable hiring new workers. Strategies Cut spending. Go across the board and cut the budget for every program 10%....