Business News

D-FW builders slash starts as high mortgage rates chase off buyers Mon, Oct 10th 2022 at 8:58 pm
With higher mortgage rates sending more homebuyers to the sidelines, builders scaled back construction in the most recent quarter. The ...
msn.com

Buckle up for a brutal earnings season that could push the stock market even lower Mon, Oct 10th 2022 at 8:18 pm
Third quarter earnings might hold up, Bank of America says, but who cares? Guidance is going to be terrible.
msn.com

These stock-market sectors tend to do best before the Fed delivers a final rate hike, says RBC Mon, Oct 10th 2022 at 8:07 pm
Stocks in classic defensive sectors such as consumer staples, healthcare, and utilities, tend to outperform ahead of the final rate ...
msn.com

`These are very, very serious things: Jamie Dimon sees a recession coming in 9 months or less Mon, Oct 10th 2022 at 7:46 pm
Jamie Dimon may not know if it'll be a moderate or severe one, but a recession is definitely coming next ...
msn.com

U.S. stocks fall, Nasdaq touches 2022 low after struggling to shake off Fed rate-hike gloom Mon, Oct 10th 2022 at 7:12 pm
U.S. stocks turn lower Monday and are on track for a fourth straight decline amid expectations the Federal Reserve ...
msn.com

Stocks could fall `another easy 20% and next drop will be `much more painful than the first, Jamie Dimon says Mon, Oct 10th 2022 at 6:00 pm
JPMorgan Chase & Co. CEO Jamie Dimon warns investors that stocks could slide much further as the Fed continues hiking interest ...
msn.com

US economy will soon start losing 175,000 jobs a month, Bank of America warns Mon, Oct 10th 2022 at 4:50 pm
The Federal Reserve's fight to squash inflation will cause the US economy to start losing tens of thousands of jobs ...
msn.com

Nobel laureate Paul Krugman predicts a housing-market slump and an exports decline - and suggests the Fed has already done enough to conquer inflation Mon, Oct 10th 2022 at 4:12 pm
The veteran economist warned against further interest-rate hikes, as he expects a housing slowdown and a drop in exports to ...
msn.com