Russia GDP Growth Looks Weak, But Not Terrible
Russia GDP Growth Looks Weak, But Not Terrible.....»»
Weaker Growth And Higher Inflation... Why Consensus Was Wrong
Weaker Growth And Higher Inflation... Why Consensus Was Wrong Authored by Daniel Lacalle, The weak GDP figure for the first quarter came with a double negative. Poor consumer spending and .....»»
China"s big factories had a terrible March, even as automakers roar to new highs
Weak domestic demand is causing Chinese companies to sell products en.....»»
Stock market today: Dow falls 375 points as traders brace for new inflation data after weak GDP
Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and stubbornly high inflation. Traders work the floor of the New York Stock Exchange on July 25, 202.....»»
Magnificent 7 Tumble, Wipe Out $300 Billion On Meta"s Weak Guidance, Q1 Stagflation Woes
Tech stocks plummet as Magnificent 7 giants lose $303B in market value. Meta Platforms issues weak guidance, GDP growth slows and inflation rises. read more.....»»
China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says
BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate crisis and weak consumer demand. SHANGHAI, CHINA - FEBRUARY 24: A woman cros.....»»
The US could return to full employment in 2022 due to stimulus boost, Yellen says
Treasury Sec. Janet Yellen also dispelled fears the relief plan would spark rampant inflation, as price growth was weak when unemployment hit 3.5%. Treasury Secretary Janet Yellen. Jacquelyn Martin/AP The US could reach full empl.....»»
Tesla growth narrative outweighs weak gross margin datapoint, says Credit Suisse
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
To succeed, Biden must create more jobs than any president in recent history
Joe Biden is inheriting a weak recovery. Growth is expected to pick up quickly as the vaccines are widely distributed, but getting 10 million people back to work is likely to take longer......»»
Wall Street falls on Powell"s grim outlook
Wall Street's main indexes fell on Wednesday after Federal Reserve Chairman Jerome Powell warned of an extended period of weak growth and stagnant incomes due to the coronavirus pandemic......»»
In nod to grim U.S. outlook, Fed"s Powell calls for more fiscal support
The head of the Federal Reserve warned on Wednesday of an "extended period" of weak economic growth, vowed to use the U.S. central bank's power as needed, and called for additional fiscal spending to stem the fallout from the coronavirus pandemic......»»
S&P 500, Dow slip after Powell"s somber outlook on economy
The S&P 500 and Dow slipped on Wednesday as Federal Reserve Chairman Jerome Powell warned of an extended period of weak growth and stagnant incomes, while he also dismissed speculation over negative interest rates......»»
Fed"s Powell says economy may face "extended period" of weak growth
Federal Reserve Chair Jerome Powell, in a sob.....»»
Saudi crown prince, Russia"s Putin discuss efforts to stabilize oil markets: SPA
Saudi Arabia's Crown Prince and Russian President Vladimir Putin reviewed in a telephone conversation on Friday the efforts to achieve stability of energy markets to support the growth of the global economy, Saudi state news agency (SPA) reported......»»
Russia ready for substantial oil output cuts: sources
Russia is ready to reduce its production very substantially to prop up weak oil markets, two Russian sources told Reuters on Monday, without giving precise numbers......»»
The US Can"t Afford To Let Shale Fail
The US Can't Afford To Let Shale Fail Authored by Robert Rapier via OilPrice.com, It’s no secret that the growth of U.S. shale oil has been a thorn in the sides of both Saudi Arabia and Russia. They have.....»»
Brent crude sinks below $30 a barrel as recession fears weigh
Crude oil prices settled below $30 a barrel on Tuesday as the coronavirus pandemic slowed economic growth and oil demand while Saudi Arabia and Russia kept up their battle for market share......»»
Brent crude sinks below $30/bbl as recession fears weigh
Crude oil prices settled below $30 a barrel as the coronavirus pandemic slowed economic growth and oil demand on Tuesday while Saudi Arabia and Russia kept up their battle for market share......»»
U.S. import prices post biggest drop in six months on weak petroleum
U.S. import prices fell by the most in six months in February as the cost of petroleum products dropped, and economists said they could decline further because of the coronavirus pandemic and an oil price war between Saudi Arabia and Russia......»»
The pitiful oil market the Saudis and Russia are fighting over
Before pump-at-will was announced, the world's top oil-forecasting agencies announced drastic cuts to demand growth.....»»
Exclusive: Houston chemical co. eyes growth despite coronavirus, weak oil prices
With massive volumes of plastic waste being produced worldwide, this chemical company is eyeing a global growth approach......»»