Monday, February 6, 2023

Janet Yellen: You don't have a recession when you have the lowest unemployment rate in 50 years

Treasury Secretary Janet Yellen said Monday that the probability of a US recession this year is low as she touted job growth and low unemployment on the eve of President Joe Biden's State of the Union address.
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Janet Yellen: You don't have a recession when you have the lowest unemployment rate in 50 years
Treasury Secretary Janet Yellen said Monday that the probability of a US recession this year is low as she touted job growth and low unemployment on the eve of President Joe Biden's State of the Union address. Read more »
 
FTX to politicians: Give us back our donations or we'll sue you
The new management of FTX is pressuring hundreds of politicians and political organizations to return millions of dollars donated by the crypto platform or its founders before it went bankrupt last year. Read more »
 
Bank of America CEO: We're preparing for possible US debt default
Congress is once again bickering about raising the debt ceiling, the amount of money the US government can borrow to pay its bills on time. And that means that Corporate America has to be ready for the worst. Read more »
 
Adani scrambles to reassure creditors as market rout enters third week
Indian billionaire Gautam Adani is repaying some debt early as he scrambles to end a rout in shares of his embattled conglomerate that entered a third week on Monday. Read more »
 
National Enquirer has finally been sold after seeking a buyer for years
National Enquirer, the 97-year-old controversial tabloid behind several bombshell celebrity and political scandals, sold itself to a brand acquisition company. Read more »
 
The bear market could make a comeback
Investors who believe the bear market is over are "ignorant," Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, told CNN. Read more »
 
 
 
 
Dow Nasdaq S&P
-34.99   -119.50   -25.40
33,891.02   11,887.45   4,111.08
-0.10%   -1.00%   -0.61%
YTD +2.24%   YTD +13.58%   YTD +7.07%
 
Biggest Winners
Catalent Inc +19.54%
 
Extra Space Storage Inc +2.98%
 
Allstate Corp +2.78%
 
Dominion Energy Inc +2.47%
Biggest Losers
VF Corp -6.40%
 
DXC Technology Co -5.05%
 
Tyson Foods Inc -4.61%
 
Newmont Corporation -4.51%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $74.44 +1.05 / +1.43%
Gold $1,880.40 +3.80 / +0.20%
10-yr 3.63% +0.10
Euro $1.07 -0.01 / -0.60%
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