Goldman boosts recession odds but sees ‘limited’ risk of downturn

Goldman Sachs on Monday raised the chance of a recession over the next 12 months after a daily sell-off in stock markets, but the investment bank sees the risk of a severe downturn as “limited.” The bank raised its one-year recession probability by 10 percentage points to 25 percent, while noting that it expects the […]
Japanese stock market sees biggest drop since 1987 Black Monday

TOKYO, Aug 5 — Japanese shares suffered their biggest one-day crash on Monday since the 1987 Black Monday sell-off, fuelled by last week’s sharp sell-off in global stock markets, economic uncertainty and worries that investments financed by a weak yen were unwinding. The Nikkei stock average (.N225) plunged as much as 12.4 percent after a […]
Effort to patch VA budget shortfall sees conservative resistance

Senate conservatives have shown early resistance to fast-tracking legislation to address a roughly $3 billion budget shortfall at the Department of Veterans Affairs (VA), with officials warning that benefits for millions of veterans are at risk in the coming weeks. Amid growing concerns about budget shortfalls, some senators had hoped they could pass a bipartisan […]
Harris sees jump in favorability since Biden's exit: Poll

A new poll conducted about a week after President Biden dropped out of the 2024 presidential race and Harris emerged as his potential successor shows that Vice President Harris’s favorability among Americans is rising. In ABC News/Ipsos PollThe poll released Sunday found that 43% of Americans say they have a favorable view of Harris, up […]
Harris’ favorability sees dramatic spike after Biden drops out: Poll

A new poll shows that American voters’ favorability ratings for Vice President Kamala Harris have risen dramatically since President Biden dropped out of the race. According to an ABC News/Ipsos poll conducted Friday and Saturday, Vice President Harris’ overall favorability rating has increased from 35% to 43% since a week ago, while her unpopularity rating […]
Harris’ favorability sees dramatic spike after Biden drops out: Poll

A new poll shows that American voters’ favorability ratings for Vice President Kamala Harris have risen dramatically since President Biden dropped out of the race. According to an ABC News/Ipsos poll conducted Friday and Saturday, Vice President Harris’ overall favorability rating has increased from 35% to 43% since a week ago, while her unpopularity rating […]
Jennifer Lopez sees 55th birthday as ‘fresh start’ amid Ben Affleck divorce rumors: report

Jennifer Lopez, who turned 55 on Wednesday, is reportedly looking at the new age as a “fresh start.” Instagram/@jlo Jennifer Lopez is looking ahead. According to reports, the “On the Floor” hitmaker, who turned 55 on Wednesday, is looking at the new age with a new perspective and seeing it as a “fresh start.” The […]
Rick Pitino already sees St. John’s making big gains in two key areas

Two deficiencies from last season — lateral quickness and lack of size — shouldn’t be an issue for St. John’s this year. A month into summer training, when asked about his first impressions of his new recruits, coach Rick Pitino was quick to point to those two qualities. And highly-rated Portuguese forward Ruben Prai and […]
Texas Instruments rises as Wall Street sees light at the end of the tunnel – Seeking Alpha

wellesenterprises/iStock Editorial via Getty Images Texas Instruments (NASDAQ:TXNWall Street is confident that the downturn in the analog sector of the semiconductor industry is over after Intel Corp. released second-quarter results and guidance. share Increased by 1.6% in premarket trading on Wednesday. “As we highlighted last quarter, we “Analog has hit the bottom in both TXN […]
Trump sees a significant lead over Biden in Michigan: Poll

A new poll shows former President Trump leading President Biden by seven points in Michigan. Published by the Detroit Free Press The election, held Sunday, produced a wide margin that highlights Democratic concerns about Biden’s candidacy. The poll puts Trump at 49% in the state, Biden at 42%, with 9% of voters undecided. Including third-party […]