The mood in the C-Suite is darkening. CEO confidence has tumbled to the weakest level since the beginning of the Covid-19 pandemic, The Conference Board said Wednesday. For the first time during the economic expansion, CEO confidence is now in negative territory.Worse, business leaders are bracing for a potential downturn caused by the Federal Reserve’s […]
Tag: market
U.S. wholesale inflation surges again — prices are up 10% in the past year
Wholesale prices rose a sharp 0.8% in February and signaled that the hottest U.S. inflation in 40 years is unlikely to cool off in the spring. Wall Street economists had forecast a 0.9% increase. The increase in wholesale prices over the past year stayed at 10% for the second month in a row, the government […]
Dow Soars After FBI Clears Clinton
Wall Street surged on the eve of the U.S. presidential election, with Democratic nominee Hillary Clinton’s prospects brightening after the FBI said it would not press criminal charges against her over the use of a private email server. U.S. stocks on Monday racked up their biggest one-day percentage gain since March 1, while a volatility […]