SELECT LANGUAGE BELOW

Stagflation fears come back with a vengeance

Daniel DiMartino Booth, CEO and chief strategist at QI Research, discusses whether persistently high inflation data will delay the Fed’s money-making interest rate cuts. Some Wall Street strategists us economy Amid recent signs of high inflation and economic cooling, we could be heading towards a 1970s-like stagflation scenario. A series of inflation reports for the […]

Dow tumbles nearly 700 points as new inflation fears dent hopes of Fed rate cut

Wall Street stocks fell on Thursday as markets were stunned by data showing weaker-than-expected U.S. economic growth and persistent inflation, as well as large-cap stocks selling off after Meta Platform’s disappointing results. Finished the transaction. The Dow Jones Industrial Average fell 375.12 points, or 1%, to $38,085.12. It fell nearly 700 points in morning trading. […]

Hush money judge cracks down on media over juror fears of being exposed 

NEW YORK — Reporters covering former President Trump’s New York criminal trial were reprimanded Thursday by the judge overseeing the trial after a juror who expressed dissatisfaction with the extensive media coverage of the case was dismissed. After the issue led several news outlets to publish articles about potential jurors, and the details were relayed […]