Can stocks finish strong in 2023? Wall Street giants weigh in – CNBC
Stock markets are coming off a rough month, but strategists at some of Wall Street’s biggest banks are cautiously optimistic that investors can find returns...
Author : Nelli Avetisyan
Feeble German Economy Faces Fresh Contraction as Factories Falter – WSJ
Germany’s embattled economy, once Europe’s main engine of growth, looks set for a fresh contraction as its all-important manufacturing sector continues to weaken....
The $100trn battle for the world’s wealthiest people – The Economist
The uber-rich hire all kinds of people to make their lives easier. Landscapers maintain gardens, housekeepers tidy homes, nannies raise children. Yet perhaps no role is...
PODCAST: Switching Jobs for Better Pay Is Getting Harder
After years of luring new workers with hefty pay increases and bonuses, many companies are reversing that trend. WSJ’s Te-Ping Chen joins host J.R. Whalen...
Tough market conditions take toll on activity and economic recovery
The various geopolitical and economic tensions that markets experienced during the first half of 2023 have hampered hopes of a faster economic recovery, according to...
How big banks won the banking crisis – CNN
The collapse of Silicon Valley Bank and the US regional banking crisis that followed earlier this year had major economic and regulatory repercussions for lenders...
Goldman Sachs cuts US recession odds to 15% as economic optimism grows – CNN
Goldman Sachs is increasingly confident that the US economy will stick the soft landing that many thought was nearly impossible to pull off. In a...
ECB’s Knot Says Markets Risk Underplaying September Hike Chances – Bloomberg
Investors largely betting against a European Central Bank interest-rate increase next week are “maybe” underestimating the likelihood of it happening, according to Governing Council member Klaas Knot....
Interest rate rises heap pressure on hedge funds to perform – The Financial Times
Investors are warning hedge funds that they will face redemptions and further pressure to cut their fees unless they can improve their performance, highlighting the...
Bank of Canada Expected to Keep Rates Unchanged on Weak GDP Data – WSJ
Economists believe the Bank of Canada is likely to keep its main interest rate unchanged on Wednesday, as data suggest the economy has shifted into...