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.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
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
 
Watch the live digital show, now every Wednesday 12 p.m.
to 12:15 p.m. ET.
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNow@cnn.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNow@cnn.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2023 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

4 Under-the Radar Stocks with High Upside in 2024

Explosive upside potential!.................................................................................. ...