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The Latest Breaking News from Conference Board

US consumer confidence lags as 2023 gets under way

American consumers are kicking off 2023 slightly less confident than they were at the end of last year as inflation and a potential recession continue to weigh on them

The Independent UK

Is a US Recession Near? Making the Call Is Trickier Than Ever

Traditional economic indicators can’t predict the timing of a downturn, but newer forecasting methods are untested.

Businessweek

3 Hyper-Growth Stocks to Buy for Big Gains

With recent economic data showing promise, the chances of a soft landing for the economy are increasing. Hence, it could be wise to invest in fundamentally sound stocks CVS Health (CVS), Ooma (OOMA), and Neurocrine Biosciences (NBIX), which possess solid growth attributes. Read on….

StockNews.com

From analysis to the latest developments in health,
read the most diverse news in one place.

With inflation high, US consumer confidence down for second month

November’s figure is the lowest since July and indicates that Americans are taking a more gloomy view of the economy.

Al Jazeera

Overwhelming majority of workers are actually putting in the effort

People say they're working just as hard, if not harder.

Axios

It's almost impossible to find a CEO who isn't bracing for a recession

Nearly all the chief executives in a new survey — 98% — say they're getting their ducks in a row for an impending economic downturn in the United States.

WEKU

Nasdaq Drops 200 Points; American Woodmark Shares Spike Higher

U.S. stocks extended losses toward the end of trading, with the Nasdaq Composite dropping around 200 points on Tuesday

Benzinga

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2 Safe Stocks to Load up on Right Now

The stock market has remained under tremendous pressure since the beginning of 2022 due to ongoing macroeconomic issues. The Fed’s monetary policy tightening and a slowing economy are raising recession fears among investors. Amid such a volatile environment, investors should consider adding safe stocks KT Corporation (KT) and Bridgestone (BRDCY)…

StockNews.com

US economy flashes signals of hope and concern in mixed data

WASHINGTON — Data this week generated a mixed report card of the U.S. economy, showing both resilience in the face of high inflation and signs of troubles ahead.

Tribune News Service

3 Overrated Stocks to Avoid This Fall

Though inflation has declined slightly from the multi-decade high level, the Federal Reserve’s intention to keep raising interest rates until price increases return to its target level could keep the stock market under pressure in the near term. Therefore, we think it could be wise to avoid fundamentally weak stocks…

StockNews.com

Most US businesses don’t want to make a public statement about abortion

When Russia invaded Ukraine, many businesses were quick to make statements and take action. And there were plenty of companies that made similar stands on COVID-19 vaccinations and racial equality. But a new report has found that when it comes to abortion, most companies are staying out of the debate.

Tribune News Service

1 in 10 companies took a public stance on abortion after Dobbs, survey finds

Businesses increasingly take stands on social issues, but abortion so far has proven too controversial.

Axios

Economists sour on US outlook after spending stumbles

An influx of data showing softer consumer spending, sagging sentiment and subdued manufacturing suggest a U.S. economy with a more fragile foundation, prompting several forecasters to lower their estimates for growth.

Tribune News Service

Meta opens Chicago office after more than two years of pandemic delays. Is it already obsolete?

When Meta, the social media giant formerly known as Facebook, hosted the grand opening for its headquarters in Chicago's Fulton Market district last week, it was a celebration delayed more than two years by the pandemic.

Chicago Tribune

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Reason

He Disarmed a Gun-Wielding Menace in a San Jose Taqueria. Then the Cops Shot Him.

Plus: Russia update, literary censorship, myths about American workers, and more...

The Independent UK

US consumers still confident, but outlook not as rosy

U.S. consumer confidence bounced back in March and remains high, though consumers’ short-term outlook is not quite as rosy

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