Category: Latest News

Transitioning the economy back to normality

With two consecutive quarters of negative real GDP growth all but on the books, 2022 is beginning to look like a recessionary year. Granted, the second quarter’s negative 0.9% growth is still a Commerce Department first estimate that followed the first quarter’s negative 1.6%. It will be months before...

Federal Reserve Events

Breadcrumb Trail Links PMN Politics PMN News Author of the article: Publishing date: Aug 10, 2022  •  54 minutes ago  •  4 minute read  •  Join the conversation Article content ***Denotes a new entry. ——————————————————– FOMC MEETING DATES: 2022 September 20-21 (second day: statement released 1400 EDT/1800 GMT; news conference...

Will the CPI announcement be a bullish event for Ethereum price?

Ethereum price remains steady around the $1,700 level, trying to establish a directional bias. Although a downward move seems likely for ETH, the CPI announcement could propel ETH to $2,100. Investors need to be prepared for another leg down in case the announcement fails to prop up the crypto...

Stock Market Down N615bn on Sell-off in Dangote Cement, MTN, Others

Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday extended losses for the second consecutive session, bringing the overall market capitalisation down by N615 billion to drop below N26 trillion. Specifically, the market capitalisation lost N615 billion to close at N26.618 trillion from N27.233 trillion it opened for trading. Consequently,...

With Growth Slowing, Is Moderna Stock Still Worth A Look?

More From Forbes Aug 9, 2022,02:29pm EDT Some Experts Are Warning Of A ‘Bear Market Rally’—Here’s Why Stocks Could Hit New Lows“,”scope”:{“topStory”:{“index”:1,”title”:”Some Experts Are Warning Of A ‘Bear Market Rally’—Here’s Why Stocks Could Hit New Lows”,”image”:”https://specials-images.forbesimg.com/imageserve/62f2a709ef790a68761d9c76/290×0.jpg?cropX1=0&cropX2=2319&cropY1=120&cropY2=1424″,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 9, 2022″,”hourMinute”:”02:29″,”amPm”:”pm”,”isEDT”:true},”uri”:”https://www.forbes.com/sites/sergeiklebnikov/2022/08/09/some-experts-are-warning-of-a-bear-market-rally-heres-why-stocks-could-hit-new-lows/”}},”id”:”9dphgac8cil800″},{“textContent”:” Aug 9, 2022,11:00am EDT What To Expect From REX American Resources...

STOCK MARKET NEWS: Futures rise, Inflation data due, Oil declines

U.S. equity futures were rising Wednesday morning ahead of the release of the July report on consumer prices. The major futures indexes suggest a gain of 0.3% when trading begins on Wall Street. Oil prices slipped Wednesday as data showed U.S. crude inventories unexpectedly rose last week, signaling a potential...