If you think that’s Kevin Hassett opining, you’d be wrong. It’s actually CEA Chair Ed Lazear on May 8, 2008. NBER retrospectively determined that the business cycle peak was December 2007, so that a recession was underway for 4 months by that time.
Romania’s second quarter release confirms the economy is in quasi-stagnation. Public investments, mainly from EU funds, remain the main hope for a growth revival. We keep our 2025 growth forecast at 0.3% and revise 2026 to 1.4% from 1.7%
HSI's record-breaking raid at a Hyundai-LG battery plant in Georgia detains 475 workers, straining US-South Korea ties and raising compliance concerns in the EV sector.
Berkshire Hathaway’s portfolio is filled with quality stocks, many of which pay dividends to shareholders. Some have even paid rising dividends each year, for decades on end.
Broadcom, Inc., a direct competitor to Nvidia in AI chip making, saw its Q3 free cash flow surge again, along with a rise in its FCF margins on strong AI-related chip demand.
(BPT) - As home prices continue to rise, many homeowners are choosing to stay and put their time and money into renovating their existing homes. According to a survey by This Old House, 48% of homeowners have renovation plans for 2025. Of those planning to renovate, two groups stand out: millennials and baby boomers.
The EU ordered Google to end these behaviors within two months or risk a potential breakup. This marks one of the largest EU fines against a company, following the €4.12 billion Android fine in 2018.
The gold miners’ stocks just surged within spitting distance of new record highs. Achieving them will be a momentous technical and sentimental milestone, as their last record close was a shocking 14 years ago.
We started the week at 6460 and closed at 6481. Basically unchanged. Yet underneath that boring surface, we had a 90-point reversal today alone. We exploded to 6530 this morning, then crashed right back to my key 6450 level.
Initially, stocks rallied on the expectations of a rate cut at the next Fed meeting later this month. But then the wiseguys thought about it and decided to sell, sell, sell.
It has been more than a month since Trump said on August 11th that his administration was “looking at” moving cannabis from Schedule I to Schedule III and would “make a determination over the next few weeks”.
London stocks edged higher on Friday, buoyed by gains in heavyweight banks and industrials, as investors digested corporate updates and retail sales data.
PepsiCo isn’t a growth rocket right now. North American volumes remain soft, and profitability has clearly slipped since 2023. That explains the stock’s pullback.
Lululemon's stock price is nearing its bottom but still has room to fall; investors should not try to catch this falling knife but wait for a rebound to buy.
