u.s. economy news today
- ECONOMY
Federal Reserve officials saw possibility of being more hawkish if inflation persists
uschools The Federal Reserve’s policymakers judged that an increase of 50 or 75 basis points “would likely be appropriate at…
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Atlanta Fed lowers Q2 GDPNow estimate to negative territory
Panuwat Dangsungnoen/iStock via Getty Images The Atlanta Fed’s GDPNow model sees Q2 real GDP growth of -1.0% as of June…
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Lessons from the past show need to stay ahead of inflation, St. Louis’s Bullard says
Chung Sung-Jun/Getty Images News St. Louis Fed President James Bullard said in an essay dated Tuesday that lessons from 1974…
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Richmond Fed’s Barkin says risk of recession is looming
Bet_Noire/iStock via Getty Images Richmond Fed President said Tuesday afternoon that risks of a recession are looming as the central…
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Wells Fargo unveils its recession stock portfolio
gguy44/iStock via Getty Images Wells Fargo says it is time to close out reopening trades and focus on the new…
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Cleveland Fed’s Mester sees two more 50-bp rate hikes, then reassess pace
Rob Kim/Getty Images Entertainment Like most other Federal Reserve officials, Cleveland Fed President Loretta Mester expects the central bank to…
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More boxes filled in stock market bottom checklist
DNY59/iStock via Getty Images A stock market bottom is closer but more than half of the needed conditions have yet…
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Russia’s Brain Drain Becomes a Stampede for the Exits
(Bloomberg Businessweek) — In Kyrgyzstan a member of parliament urgently called on the government to start creating jobs and setting…
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Facebook’s Metaverse Vision Questioned by Gaming Veteran
(Bloomberg) — Mark Zuckerberg’s Meta Platforms Inc. is among the most vocal proponents of the future of the metaverse, but…
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The Bond King’s Genius Was No Match for His Ego
(Bloomberg Businessweek) — I. Team Bonding When Bill Gross started his career in investing in the fixed-income department of a…
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Rupee And Bond Update – March 03, 2022: Reliance Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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A Billionaire’s Heir Hangs Up His Healing Crystal to Fix Capitalism
(Bloomberg Businessweek) — William Peterffy, the only son of billionaire Thomas Peterffy, has cycled through a lifetime’s worth of occupations…
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Wall Street Is Buying Starter Homes to Quietly Become America’s Landlord
(Bloomberg Businessweek) — Javier Vidana started out as a real estate agent in 2013, when Arizona’s Salt River Valley seemed…
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China’s Ghost Cities Are Finally Stirring to Life After Years of Empty Streets
(Bloomberg Businessweek) — Conjured out of nothing and lived in by seemingly no one, China’s so-called ghost cities became the…
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Spooked Distributors Protest HUL’s Tie-Up With JioMart – Exclusive
General trade—as distribution through bulk dealers and stockists is called—dominates India’s retail supply chain with nearly 90% share. It’s a…
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Indian Fertiliser Industry – China’s Suspension Of Fertiliser Exports To Push Up International Prices: ICRA
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Bordeaux 2020: The 19 Wines to Buy From the Strangest Vintage Ever
(Bloomberg) — Château Margaux, $620 a bottle; Château Lafite Rothschild, $695; Haut-Bailly, $139; Ducru-Beaucaillou, $239 . . . The final…
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Sexy Tea, the Lion King and Taiwan’s Lost Innocence
(Bloomberg Opinion) — After 15 months leading the world as a case study in epidemic management, Taiwan’s bubble has burst. In…
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The One Thing Adani Group Finds Hard To Keep
For the Adani Group, India’s emerging infrastructure giant that spans mines, power, ports, airports, rail lines, logistics, data centres and…
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Byju’s to Become India’s Most-Valuable Startup After UBS Funding
(Bloomberg) — Byju’s, India’s online education pioneer, is raising about $150 million from UBS Group AG at a valuation of…
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The Pandemic Is Creating a ‘Postwar Boom’ for Luxury Carmakers
(Bloomberg) — Famously reticent to disclose how many cars they sell or at what amount of profit, luxury automakers are finding it…
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Indian Cabinet Clears Development Finance Institution
The Indian government has cleared a proposal to set up a development finance institution, Finance Minister Nirmala Sitharaman said after…
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Mutual Fund Report For February: IDBI Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Corporate Action Tracker For March 2021: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Cathie Wood’s ARK ETF Is No Ticking Time Bomb
(Bloomberg Opinion) — A great deal of attention these days is being focused on Cathie Wood’s ARK funds, particularly the…
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Travel Industry Sees Glimmers of Recovery in Africa, Antarctica
(Bloomberg) — Early in the global pandemic, travel experts rushed to determine the shape of the recovery. Would it be L-shaped?…
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