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Wall Street sinks to one-month low on trade, growth fears

U.S. stocks tumbled to a one-month low on Friday after a sharp escalation in U.S.-China trade tensions and a tepid July jobs report renewed fears of slowing economic growth and raised bets of further interest rate cuts this year......»»

Category: topSource: reutersAug 2nd, 2019

Stocks rally again on expected Fed rate cuts; euro on defensive

Asian stocks advanced on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve......»»

Category: topSource: reutersJul 3rd, 2019

IMF cuts growth outlook

The International Monetary Fund cut its global economic growth forecasts for 2019. As Fred Katayama reports, it blamed U.S.-China trade tensions and Britain's messy divorce from the E.U., among other things......»»

Category: videoSource: reutersApr 9th, 2019

IMF cuts world growth forecast on tariff wars, emerging market strains

The International Monetary Fund has cut its global economic growth forecasts for 2018 and 2019, saying that the U.S-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows. David Pollard reports......»»

Category: videoSource: reutersOct 9th, 2018

ECB Cuts Growth Forecasts as It Ends Bond-Buying Program

The European Central Bank cut its economic growth forecasts Thursday, highlighting the risks confronting Europe’s economy even as it ended its massive four-year stimulus program......»»

Category: topSource: wsjDec 14th, 2018

IMF cuts global growth outlook, cites trade war and weak Europe

The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy......»»

Category: topSource: reutersJan 21st, 2019

IMF fears trade war and weak Europe could trigger sharp global slowdown

The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020 due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy......»»

Category: topSource: reutersJan 21st, 2019

S&P 500 Due For "Classic 10% Correction," Wall Street Veteran Warns: Why They Expect Zero Rate Cuts In 2024

Wall Street veteran Ed Yardeni predicts a 10% market drop due to rising yields and strong economic growth, with no expected Fed rate cuts. read more.....»»

Category: blogSource: benzingaApr 16th, 2024

US tech stock futures slide as 10-year yield surges past 1.7% after Fed raises growth and inflation forecasts

US bond yields rose sharply in European trading after the Fed decision, dealing a fresh blow to tech stocks. Fed chair Jerome Powell said the central bank was not thinking of cutting back on economic support Mark Wilson/Getty Images The key U.....»»

Category: personnelSource: nytMar 18th, 2021

A huge study of 50 years of tax cuts for the wealthy suggests "trickle down" economics makes inequality worse

Cutting taxes boosts incomes for the wealthy "but has little effect on economic performance,".....»»

Category: topSource: businessinsiderDec 16th, 2020

Economic Report: U.S. industrial output growth slips in November, pulled lower by utilities

Industrial production rose 0.4% in November, weighed down by a sharp decline in utilities, the Federal Reserve reported Tuesday......»»

Category: topSource: marketwatchDec 15th, 2020

Coronavirus forces HSBC to cut global growth forecasts, again

Europe's biggest bank, HSBC has cut already bleak global growth forecasts even further, as lockdown restrictions extended through April and tentative economic re-openings drag on a return to business, trade and spending......»»

Category: topSource: reutersMay 15th, 2020

Big bounce in Wells Fargo’s stock helps financials snap losing streak

Financial stocks pulled a sharp V-like turn into positive territory Thursday, sparked by a big bounce in Wells Fargo & Co.’s stock off an 11-year low, as concerns over a more downbeat economic outlook and potential forced dividend cuts were put on hold......»»

Category: topSource: marketwatchMay 14th, 2020

Wall Street Week Ahead: Stocks face test as reopenings could fuel demand - or more coronavirus

A bounce in stocks is likely to face a test in the coming weeks as investors try to gauge whether countries and U.S. states emerging from lockdowns can arrest a sharp fall in economic growth without provoking a resurgence of coronavirus cases......»»

Category: topSource: reutersMay 1st, 2020

Economic Report: Three years of eurozone economic growth wiped away as ECB’s Lagarde forecasts big drop for the year

Three years of the eurozone economy have been wiped away, and it is likely going to get worse......»»

Category: topSource: marketwatchApr 30th, 2020

White House adviser sees "cash" phase of economic rescue winding down

With the U.S. economy poised for a sharp rebound, it is time for policy to move from a "cash" rescue phase to focus on more long-term measures that can underpin growth, a top White House adviser said on Wednesday......»»

Category: topSource: reutersApr 29th, 2020

Goldman cuts U.S. growth forecast for first and second quarter due to coronavirus

Goldman Sachs Group Inc has downgraded its U.S. growth forecast for the first and second quarters in the wake of the economic fallout from the coronavirus outbreak......»»

Category: topSource: reutersMar 15th, 2020

SEMI cuts fab equipment spending growth outlook for 2020

Global fab equipment spending promises to rebound from its 2019 downturn and see a modest recovery this year before a sharp uptick drives record investments in 2021, SEMI said in its recent report......»»

Category: topSource: digitimesMar 10th, 2020

Oil drops on demand doubts, fears that producer output cuts not yet agreed

Oil slid 1% on Friday as worries about global oil demand and economic growth slowdown caused by the coronavirus outbreak were heightened by concern over non-OPEC crude producers not yet having agreed to cut output further to support prices......»»

Category: topSource: reutersMar 6th, 2020

China"s first-quarter economic hit from coronavirus looking more severe: Reuters poll

The coronavirus likely halved China's economic growth in the current quarter compared with the previous three months, more severe than thought just three weeks ago and triggering expectations for earlier interest rate cuts, a Reuters poll found......»»

Category: topSource: reutersMar 6th, 2020