Thursday, March 9, 2023

Today's good economic news could spell trouble for Americans down the road

The US economy has been remarkably resilient, defying a year's-worth of recession calls. From the labor market to consumer spending to inflation, key readings on the economy have been running hot.
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Today's good economic news could spell trouble for Americans down the road
The US economy has been remarkably resilient, defying a year's-worth of recession calls. From the labor market to consumer spending to inflation, key readings on the economy have been running hot. Read more »
 
Fox CEO Lachlan Murdoch dismisses $1.6 billion defamation case revelations as 'noise'
Fox Corporation CEO Lachlan Murdoch on Thursday dismissed the revelations from Dominion Voting Systems' $1.6 billion defamation lawsuit against Fox News as "noise," throwing his support behind the right-wing talk channel in his first comments since the case enveloped the company in major scandal. Read more »
 
Mortgage rates rise for the fifth-straight week
Mortgage rates edged further toward 7%, rising for the fifth consecutive week, as the Federal Reserve suggests rate increases will continue amid stubborn inflation. Read more »
 
GM said no layoffs. Now it's asking workers to quit
General Motors said in January it would save $2 billion without planning any layoffs. But on Thursday it said it was looking for workers to leave voluntarily. Read more »
 
Ex-Goldman banker sentenced to 10 years prison in 1MDB corruption case
Former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison on Thursday, after he was convicted of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund. Read more »
 
The return of the Reddit investor, this time with powerful friends
Reddit investors have been the butt of many jokes over the last few years, but could these much-maligned meme traders have the last laugh? Read more »
 
 
 
 
Dow Nasdaq S&P
-543.54   -237.65   -73.69
32,254.86   11,338.36   3,918.32
-1.66%   -2.05%   -1.85%
YTD -2.69%   YTD +8.33%   YTD +2.05%
 
Biggest Winners
General Electric Co +5.27%
 
Phillips 66 +1.84%
 
Eli Lilly and Co +1.38%
 
Bio Rad Laboratories Inc +1.31%
Biggest Losers
First Republic Bank -16.51%
 
Charles Schwab Corp -12.77%
 
Comerica Inc -8.01%
 
KeyCorp -7.16%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $75.62 -1.04 / -1.36%
Gold $1,835.10 +16.50 / +0.91%
10-yr 3.92% -0.05
Euro $1.06 +0.00 / +0.29%
More Markets Now
 
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