BlackRock Profit Falls 23%: WSJ
The money-management firm’s assets under management increased to $8.6 trillion after three quarters of declines. [ad_2] Source link...
U.S. Auto Sales in 2022 Worst in Over a Decade
Business Autos & Transportation Autos Industry GM bucked last year’s industry declines to regain U.S. sales crown from Toyota [ad_2] Source link...
Beer Sales Drop as Consumers Balk at Higher Prices
Business U.S. demand for beer fell at the end of last year after a strong run of defying inflation [ad_2] Source link...
Elon Musk and Cathie Wood Are Almost Right About the Fed
Markets Heard on the Street The two are correct in that higher rates are dragging down tech, but that is hardly the whole story [ad_2]...
The Coming Tax Revenue Reckoning: WSJ
Politicians aren’t ready as signs point to budget trouble ahead. [ad_2] Source link...
‘The Fed Is Going to Overdo It’: Financial Markets Finally React to U.S. Central Bank: MW
Financial markets absorb the Federal Reserve’s stridently hawkish interest-rate outlook for 2023, plus fresh signs of a weakening U.S. economy [ad_2] Source link...
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
Investors may have gotten overly excited this week about comments from Fed Chairman Jerome Powell. The Fed chief’s suggestion of a 50 basis point hike...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...
Investor Home Purchases Drop 30% as Rising Rates, High Prices Cool Housing Market
Real Estate Buying activity by companies fell in line with the decline in overall home sales amid higher borrowing costs [ad_2] Source link...
Nightmare Before Christmas for Department Stores
Markets Heard on the Street Slowing sales in recent weeks make for a tricky setup for retailers ahead of the holiday season [ad_2] Source link...