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Breaking News: Economy

HelloFresh shares pop 11% as meal kit giant beats profit estimates

by Adrian Jhonsan
HelloFresh shares pop 11% as meal kit giant beats profit estimates

Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second quarter and said its ready-to-eat meals segment saw rapid growth. …

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Bear market is likely coming in 2025, warns veteran investor David Roche

by Adrian Jhonsan
Bear market is likely coming in 2025, warns veteran investor David Roche

Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, July 9, 2024. Tierney L. Cross …

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After a busy week of trades, we’re looking to some key inflation data

by Adrian Jhonsan
After a busy week of trades, we’re looking to some key inflation data

It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P …

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Inflation spike in Europe is tied to the Olympics, Taylor Swift: UBS

by Adrian Jhonsan
Inflation spike in Europe is tied to the Olympics, Taylor Swift: UBS

A general view of the Eiffel Tower with the Olympics rings pictured with national flags of competing countries from the Place du Trocadero ahead of Paris 2024 Olympic Games on …

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Bull trap? It’s ‘make or break’ time for U.S. soft landing: strategist

by Adrian Jhonsan
Bull trap? It’s ‘make or break’ time for U.S. soft landing: strategist

The S&P 500 is facing a key test level as the consensus view of a soft landing for the U.S. economy reaches a “make or break” point, according to one …

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Trump says he should get a say on Federal Reserve interest rate decisions

by Adrian Jhonsan
Trump says he should get a say on Federal Reserve interest rate decisions

Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in Palm Beach, Florida.  Joe Raedle | Getty Images Republican …

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CEO of world’s largest index provider

by Adrian Jhonsan
CEO of world’s largest index provider

Diversification into smaller stocks is a “free lunch” for long-term investors as market trends shift, according to the head of the world’s largest index provider. After a period of concentration …

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Trump holds 2-point lead over Harris with a big advantage on economy, CNBC survey shows

by Adrian Jhonsan
Trump holds 2-point lead over Harris with a big advantage on economy, CNBC survey shows

The CNBC All-America Economic Survey finds former President Donald Trump holding a commanding lead among voters on key economic issues, but ahead of Vice President Kamala Harris by just a …

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Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

by Adrian Jhonsan
Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

An employment sign is seen on the window of a department store on August 02, 2024 in New York City.  Michael M. Santiago | Getty Images News | Getty Images …

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No sign of U.S. recession in freight demand, Maersk CEO says

by Adrian Jhonsan
No sign of U.S. recession in freight demand, Maersk CEO says

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the company’s chief executive said Wednesday. “We’ve seen …

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