Episode 114 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Roubini Macro Associates Chairman and CEO, Nouriel Roubini. Listen below, and subscribe to The Sc...
Tag: Economy
Live Nation, Gap, Ross Stores, Palo Alto and more
Check out the companies making headlines in midday trading. Gap – The retailer popped 10% after beating Wall Street’s estimates for revenue. Gap also also gave a cautious outlook for the holiday...
Rent growth slows to the lowest level in 18 months
A “Now Leasing” sign is displayed in front of an apartment complex in Washington, DC, on January 24, 2022. Stefani Reynolds | AFP | Getty Images The red-hot rental market is finally starti...
Bath & Body Works, Norwegian Cruise Line, Macy’s and more
Bath & and Body Works entrance. Jeff Greenberg | Getty Images Check out the companies making headlines in midday trading. Bath & Body Works – Bath & Body Works’ stock surged 24% afte...
Macy’s, BJ’s Wholesale, Kohl’s and others
Check out the companies making headlines before the bell: Macy’s (M) – Macy’s stock leaped 9.6% in the premarket after the retailer reported better-than-expected profit and revenue. Same-s...
Cisco, Bath & Body Works, Nvidia and more
A runner jogs past Cisco Systems headquarters in San Jose, California, U.S., on Monday, Feb. 8, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hou...
Fed’s Waller says he’s open to a half-point rate hike at December meeting
Christopher Waller testifies before the Senate Banking, Housing and Urban Affairs Committee during a hearing on their nomination to be member-designate on the Federal Reserve Board of Governors on Feb...
Fed’s Daly sees rates rising at least another percentage point as ‘pausing is off the table’
San Francisco Federal Reserve President Mary Daly said Wednesday she expects the central bank to raise interest rates at least another percentage point, and possibly more, before it can pause to evalu...
Target, Carnival, Advance Auto Parts, Lowe’s and more
Pedestrians pass by a Target store in the Tenleytown neighborhood of Washington, DC, on August 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading. Ta...
Target, Lowe’s, Carnival and others
Check out the companies making headlines before the bell: Target (TGT) – Target plunged 13.5% in the premarket after missing consensus estimates by 59 cents with quarterly earnings of $1.54 per share....
The Block: Nouriel Roubini outlines the 10 forces that can cripple the economy: Part 1
Episode 113 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Roubini Macro Associates Chairman and CEO, Nouriel Roubini. Listen below, and subscribe to The Sc...
The world needs more economic alliances than security ones: Analyst
Countries should strike up more economic alliances than security and defense ones, as those could make the world “more dangerous,” the president of the Center for China and Globalization s...
Home Depot (HD) earnings Q3 2022
A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot reporte...
UK property market at risk of major downturn as recession fears loom
Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to a house price crash. Matt Cardy | Getty Ima...
Walmart, Taiwan Semiconductor, Netflix, Carnival and more
Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall...
Household debt soars at fastest pace in 15 years as credit card use surges, Fed report says
Luis Alvarez | Digitalvision | Getty Images Households increased debt during the third quarter at the fastest pace in 15 years due to hefty increases in credit card usage and mortgage balances, the Fe...
Wholesale prices rose 0.2% in October, less than expected, as inflation eases
Employees work at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters Wholesale prices increased less than expected in October, adding to hopes that inflation ...
Tech leaders reckon with higher interest rates, down rounds and layoffs
Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking onstage at the 2022 Web Summit tech conference. Horacio Villalobos | Getty Images LISBON, Portugal — Once high-flying tech ...
The Fed risks plunging U.S. economy back into a 1930s-style Great Depression, warns Cathie Wood
The United States is teetering on the edge of another Great Depression, ARK Invest’s Cathie Wood warns, and the Federal Reserve will take the blame if it does. It is not the absolute increase in Fed r...
Taiwan Semi, Paramount Global and more
Check out the companies making headlines in after hours trading Taiwan Semiconductor Manufacturing – Shares of Taiwan Semiconductor jumped 6.4% after Warren Buffett’s Berkshire Hathaway said it ...
Oatly, Amazon, Hasbro and more
A carton of Oatly brand oat milk is arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies ma...
Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes
Lael Brainard, vice chair of the US Federal Reserve, listens to a question during an interview in Washington, DC, US, on Monday, Nov. 14, 2022. Andrew Harrer | Bloomberg | Getty Images Federal Reserve...
Inflation expectations rebound on record-high jump in gas outlook: NY Fed survey
A Sheetz customer gets gasoline at a gas station in Plains, Pennsylvania, U.S. October 19, 2022. Aimee Dilger | Reuters Americans grew more worried about inflation in the October, with fears emanatin...
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data p...
Active managers see boost from the energy trade
This may be the year for active managers investing heavily in the energy space — and commodity trading advisors, known as CTAs, appear to be among the winners. Dynamic Beta Investments’ Andrew B...
The Economy Is Sick
Stocking up when you can. (Photo by Justin Sullivan/Getty Images) Getty Images Despite official reassurances that the economy is doing well, still upbeat hiring statistics, and a modest rise in third ...
Here are the three big issues facing Ukraine as a tough winter approaches
Winter is on the way, and in war-torn Ukraine the fight against Russia appears far from over. Moscow continues to target Ukrainian power plants and stations. Grain shipments out of Ukraine have been i...
More Mixed Signals On The Housing Economy
Are we heading for trouble, or will the housing economy settle down in 2023? getty I grew up in the 80s, a period of time when inflation and recession were common language. At the end of the 70s infla...
Walgreens, Coinbase, Duolingo, Ralph Lauren
A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity — The online platform for medical profess...
Inside the holiday season fitness fight
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images The fitness industry appears headed for a strong holiday season, but not eve...
Biden takes aim at Putin’s weaponization of energy, outlines new climate funding
U.S. President Joe Biden discusses the 2022 U.S. midterm election results during a news conference in the State Dining Room at the White House in Washington, November 9, 2022. Tom Brenner | Reuters U....