Morgan Stanley CEO James Gorman sees 50-50 odds of recession ahead
The odds of a recession may be rising, but it’s unlikely to be a deep one, said Morgan Stanley CEO James Gorman.
Stocks making the biggest moves midday: Astra Space, Amazon, Revlon, Prologis & more
Check out the companies making headlines in midday trading.
Stocks making the biggest moves midday: Astra Space, Amazon, Revlon, Prologis & more
Check out the companies making headlines in midday trading.
Markets are now bracing for the possibility of bigger Fed interest rate hikes ahead
As inflation climbs to new 40-year highs, expectations for interest rate increases from the Federal Reserve are escalating as well.
Markets are now bracing for the possibility of bigger Fed interest rate hikes ahead
As inflation climbs to new 40-year highs, expectations for interest rate increases from the Federal Reserve are escalating as well.
Hot inflation data points to a record Social Security cost-of-living adjustment in 2023
Next year’s Social Security cost-of-living adjustment may top the record 5.9% boost beneficiaries saw in 2022. Here’s what to watch.
Amazon says it will begin delivering packages by drone in California later this year
Amazon said Monday that it will begin to deliver products using Prime Air drones in Lockeford, California, later this year.
CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap
The executives say the tax credit is critical to keep the vehicles affordable as production and commodity costs rise.
British police charge Kevin Spacey over alleged sex crimes
British police on Monday said they had charged Oscar-winning actor Kevin Spacey over historic allegations of sex offences.
Every S&P 500 stock is down on Monday in a rare occurrence on Wall Street
Market sentiment has gotten so bad on Wall Street that investors on Monday were selling everything. Literally.