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Surging cyclicals point to rebound in growth, economist says
Joseph Lavorgna, the veteran Wall Street economist who's chief economist at SMBC Nikko Securities, says a surge in cyclical ...
German Financial Optimism Gets Boost from Tariff Retreat, Merz Government — Update
Despite May's improvement, large German firms still have expressed concerns over cotninued uncertainty surrounding trade policies. Companies such as pharmaceutical giant Bayer on Monday said it would ...
Markets Pause As Fed Policy Becomes A Hindrance To Growth
Financial markets appear to be reassessing today’s economy. For the week ended May 9, the major indexes were flat to slightly ...
Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war
All told, the S&P 500 rose 184.28 points to 5,844.19. The Dow Jones Industrial Average gained 1,160.72 to 42,410.10, and the ...
US stocks soar as China and US agree to 90-day tariff truce
U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. They agreed to take down most of their tariffs that economists warned could start a ...
From a recession to the impact of AI, 4 predictions from Wall Street's 'Dr. Doom'
The US could enter a mild recession by the end of 2025, according to Wall Street's "Dr. Doom" economist, Nouriel Roubini.