China beat growth expectations in Q1, but US tariffs cloud outlook
Rep. Warren Davidson of R-Ohio has evaluated President Donald Trump’s customs policy and shares the administration’s ongoing battle with federal judges on the “final line.” China has beaten expectations of first quarter economic growth, but the remaining prospects for 2025 remain dim as Beijing’s orthotics due to the impact of heavy US tariffs. The latest […]
NY Fed’s survey shows American labor market expectations at a post-pandemic low
Certified Public Accountant, Market Analyst and Author Dan Gertude talks about navigating uncertain markets and last-minute tax tips ahead of the IRS deadline. The Federal Reserve Bank of New York released its latest survey on consumer expectations on Monday. This found that Americans’ labor market expectations have fallen to the lowest levels since the Covid-19 […]
BlackRock Bitcoin ETP ‘key’ for EU adoption despite low inflow expectations – Cointelegraph
BlackRock's new European Bitcoin Exchange Trade Product (ETP) is a key step in the institutional adoption of Bitcoin in Europe, although analysts expect lower inflows than their US counterparts. iShares Bitcoin ETP, managed by the world's largest asset manager, began trading on March 25th at Xetra, Euronext Amsterdam and Euronext Paris. Bitfinex analysts said that […]
U.S. Durable Goods Orders Surge Well Above Expectations in February
Durable goods orders rose 0.9% to $289.3 billion, according to a Commerce Department report released Wednesday. Economists had predicted a 1.0% decline, but instead, companies continued to invest heavily in large ticket items, especially in cars, computers and machines. Even excluding volatile transport due to large aircraft orders, new orders are up 0.7%, exceeding 0.3% […]
Juan Soto-led Mets not running away from sky-high expectations
Houston – Waiting is just over. After the Mets delighted fans with an unexpected run the NLCS a year ago, they only raised expectations following the offseason when they signed the biggest contract in MLB history, beating the Yankees in the process, appearing to be one of the serious threats to the National League Dodgers. […]
Consumers’ short-term expectations fall to lowest level in 12 years
Kraman Countdown panelists Kevin Mahn and Keith Fitz Gerald predict the future of interest rate cuts and discuss consumer stable stocks. Consumer confidence continued to decline in March, with a new report showing one measure of short-term expectations from consumers at their lowest levels in 12 years. The Conference Committee's expectations index, which measures the […]
US consumer confidence tumbles for the 4th straight month as future expectations hit a 12-year low
WASHINGTON (AP) — U.S. consumer confidence has fallen for the fourth straight month as American anxiety about their financial futures fell to 12-year lows amid growing concerns about tariffs and inflation. The conference committee reported Tuesday that its consumer confidence index fell to 92.9, down 7.2 points in March. Analysts were hoping to refuse a […]
Consumer Expectations Show Record Partisan Split As Democrats Panic Over Trump Economy
According to the latest University of Michigan Consumer Sentiment Survey, consumer sentiment fell sharply in March, with Democrats' expectations of the economy reaching an all-time low, highlighting unprecedented partisan disparities in the economic outlook. The survey's headline index fell to 57.9, down from 64.7 in February, reaching its lowest level since November 2022. In contrast, […]
Airlines see lower customer demand, cut back financial expectations
Several major US airlines have dialed quarterly financial expectations as the industry competes for softer demand from economic uncertainties and other factors. Southwest, the US and Delta were among the airlines announcing changes to guidance. Southwest says revenue per available seat miles is expected to increase by 2-4% in the first quarter, lower forecasts than […]
US economy added 151,000 jobs in February, below expectations
The Big Money Show panel responded to Doge twice as much in email last week. The US economy added jobs at a slower pace than expected in February, giving more Federal Reserve labor market data to its labour market data as it prepares to meet later this month. The Labor Department reported Friday that employers […]