Chevron, Tesla, Seagate Technology, United Rentals and more

Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged 10.9% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings of … Read more

India is a true bright spot in the midst of a global downturn: Top execs

With 2023’s World Economic Forum in Davos dominated by discussions of economic growth, or a lack of in most developed countries, one nation was often cited as a bright spot. India is doing “exceedingly well,” said Bank of Japan Governor Haruhiko Kuroda in a closing panel at the event, while highlighting acute challenges facing its … Read more

Opinion: ‘Don’t just sit there, do something.’ The stock market is telling you to make some hard decisions with your money now.

I have always refrained from saying what legendary investor Sir John Templeton considered the four most dangerous words in investing: This time is different.” After months of talking to and reading the words of investment experts trying to find the right way to describe and forecast the US economy and stock market for 2023, I’m … Read more

Fourth-quarter 2022 GDP: What economists are expecting

Economic growth is expected to have slowed slightly in the fourth quarter but was still solid, driven by a strong consumer. Economists will be studying Thursday’s report on US gross domestic product carefully for signs of how strong or weak the consumer actually was at the end of 2022. Retail sales suggest spending fell off … Read more

Gold to be hardest hit commodity in ‘massive crash’, bear market in early stages – Harry Dent

(Kitco News) – Goldwhich has been trading up for 2023 and is currently at around $1,930 per ounce, will reverse the trend and have a dramatic decline as “the biggest crash in our lifetime” enters its second wave, according to Harry Dent, Founder of HS Dent. Dent is calling for gold to … Read more

There is no US debt crisis

Republicans in Congress are threatening once again to force the US to default because they lack the votes to enact their preferred fiscal vision. Yes, it’s debt ceiling season once again. For those not following along at home, US law imposes an arbitrary limit on the amount of money the government is allowed to borrow. … Read more

Here’s The Current State Of The Economy And What It Means For The Stock Market

Getty Images Key takeaways Overall inflation for December dropped to 6.5% from 7.1% in November on an annual basis. While this information isn’t exactly worthy of a celebration, it’s a sign that things are moving in the right direction since it shows that the rate hikes are slowing down the economy. Investors look at the … Read more

Should millennials delay having kids due to the economy?

OPINION AND COMMENTARY Editorials and other Opinion content offer perspectives on issues important to our community and are independent from the work of our newsroom reporters. New research confirms suspicions that, citing a struggling economy, Millennials are delaying having kids and “fueling America’s historically low birth rate.” Demographers who study how people plan to create … Read more

5 things to know before the stock market opens Tuesday, January 17

A trader works on the trading floor at the New York Stock Exchange (NYSE), January 5, 2023. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Back at it Welcome back from the holiday weekend. It’s only been two weeks, but 2023 has been … Read more

Why is bitcoin (BTC) rallying in January?

A number of factors are behind bitcoin’s New Year rise, according to analysts, including an increased probability of interest rates being lowered and purchases by large buyers known as “whales.” Filip Radwanski | Soup Images | Lightrocket | Getty Images Bitcoin has begun 2023 on a positive note, with the price of the world’s largest … Read more