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Biggest Market Movers Midday: Ford, Casino Stocks, Las Vegas Sands, Nvidia, Kraft Heinz and more
Check out the companies making headlines in midday trading. Ford Motor, General Motors — Shares of Ford and GM fell 7% and 5% respectively after UBS downgraded both stocks. The…
By Rochdi RaisLatest news
Big Plunge in Warehouse Shipments is Another Important Sign of the Consumer Pullback
A massive plunge in warehouse orders leaving storage and heading to retailers is another signal of the pullback…
By Rochdi RaisU.S. Likely To Tip Into Recession by the Middle of Next Year, Says JPMorgan’s Jamie Dimon
JPMorgan Chase CEO Jamie Dimon on Monday warned that a “very, very serious” mix of events was likely…
By Rochdi RaisThe Fed Is Willing To Tame Inflation Even if More People Lose Jobs, Says Chicago Federal Reserve President
Chicago Federal Reserve President Charles Evans said the central bank is committed to taming inflation even if it…
By Rochdi RaisJanet Yellen Brushes Off Worries About Soaring Dollar’s Impact on Other Economies
US Treasury Secretary Janet Yellen said the soaring US dollar is not unbalancing markets, as countries rush to…
By Rochdi RaisRecession is “Totally Avoidable” but the Fed Made Two Big Mistakes, Says Top Economist
Top economist Mohamed El-Erian said the Fed “made two big mistakes that I think are going to go…
By Rochdi RaisEmployees at Meta are Calling the Firm’s Projects “Make Mark Happy”, The NY Times Reported
Some employees working at Meta are calling critical metaverse projects “make Mark happy” as its CEO Mark Zuckerberg…
By Rochdi RaisUkraine hits Kerch Bridge as counteroffensive spreads to Crimea
Footage of a Ukrainian strike on the Kerch Bridge was shared on Russian Telegram channels and news agencies.…
By Jackie AllenOnline Shopping for the Holidays: 3 Tips to protect against online scammers
Online shopping is how most people will make it through the holidays. But if you think you are…
By Jackie AllenChina-Taiwan Conflict can be Resolved if The Island Become a “Special Administration Zone”, Says Elon Musk
Elon Musk said that the conflict between China and Taiwan is hard to stop but recommended the island…
By Rochdi RaisSoaring US Dollar Is Pushing Other Countries into a “Reverse Currency War”, Goldman FX chief says
The US dollar has soared dramatically this year, surging to 20-year highs against other major currencies and pushing…
By Rochdi Rais