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Investors Expect the Fed to Hike Rates Above 5.1% Around Mid-2023
Based on Fed swap contracts for June 2023, investors expect the Federal Reserve to hike interest rates to 5.25% following the stronger-than-expected Friday jobs data. On Thursday, swaps pointed to…
By Rochdi RaisLatest news
The Stock Market Could Plunge 29% This Year, According to DataTrek Research Co-founder Nicholas Colas
The future could get a lot tougher for investors if a recession strikes the broader economy, according to…
By Rochdi RaisThe US Jobs Market is Still Robust Despite Looming Recession Fears
October was another strong month for the US labor market even as recession fears for next year continue.…
By Rochdi RaisUS Housing Prone For a Freefall Despite Mortgage Rates Declining Back From 20 Years Highs
The Federal Reserve’s latest jumbo interest rate hike will weigh down on the US housing market even further,…
By Rochdi RaisHalf a billion-dollar catalytic converters theft ring busted 9 states
A Rowlett, Texas couple, Tommy and Maggie Chau were arrested on Wednesday for large-scale catalytic converters theft. And…
By Jackie AllenSenate Intel report says UFOs may pose threat to national security
No one has been able to explain more than half of the UFO encounters in the last year.…
By Jackie AllenWhite Suburban Women voters are shifting to Republicans in 2022
The Wall Street Journal reports that the most recent polling shows that white suburban women once known as “soccer moms”…
By Jackie AllenStocks Continue To Plunge Following The Fed’s Hawkish Stance
US stocks continued their losses Thursday as investors fear the Federal Reserve is hiking rates higher than previously…
By Rochdi RaisThe Fed Could Let Economic Slowdown Until Around 2025, Says Morgan Stanley’s Global Chief Economist
The Federal Reserve could protract any economic slowdown until around 2025, if forced to, in its efforts to…
By Rochdi RaisTwitter Is at Risk of Losing its “Magic,”, Says Former Executive at the Social Platform
BBC News reported that a former executive said Twitter was at risk of losing its “magic,” and he…
By Rochdi RaisUS Oil Exports To Asia Will Hit Record Highs This Month, Reuters Reported
US oil exports to Asia are set to hit all-time highs in November as the discount between American…
By Rochdi Rais