Is the US economy on track for a 'soft landing'? Friday's jobs report may offer clues Can the U.S. economy achieve a much-hyped “soft landing” The Independent UK · Dec 8, 2023
UK employers limit hiring permanent staff amid economic stresses Vacancies declining as growth falters, recruiters’ body tells Bank of England The Guardian - UK · Dec 8, 2023
RBA backs resilient borrowers to ride out rate rises Australians are making painful adjustments to cost of living pressures and higher interest rates but are overall proving resilient. AAP · Dec 7, 2023
Nigerian university students in torment over 300% fee hikes Students are among the victims of Nigeria's rampant inflation, as they face tuition fee hikes of over 300 percent. Also, the clock is ticking down towards DR Congo's general elections, in which President Felix Tshisekedi is running for a second term. Plus, Nairobi hosts international talks on the reduction of… France 24 · Dec 7, 2023
Is Apple (AAPL) Giving Buy or Sell Signals for December? Although Apple (AAPL) has been benefitting from softening inflation, it witnessed a drop in revenue in its last reported quarter. So, will it be worth investing in the stock? Keep reaching. StockNews.com · Dec 7, 2023
Is Amazon.com (AMZN) Poised for MASSIVE Gains in December? Amazon.com (AMZN) witnessed solid sales in the run-up to Cyber Monday. Moreover, as consumer spending remains resilient despite inflation, AMZN is expected to deliver strong sales in the holiday season. While AMZN has gained significantly in price this year, let’s analyze whether the shares have more room to run. StockNews.com · Dec 7, 2023
Holiday meals will cost more this year "Since the . . . pandemic, food price inflation has risen over 20% [and] food bank usage is up 78.5% since 2019" Salon · Dec 7, 2023
BURBY, SHOO, and BOOT: Comparing Luxury Stocks Gain Potential for the Holidays With the holiday season in full swing accompanied by easing inflation and attractive discounts from retailers, the fashion and luxury industry’s prospects look enticing. Therefore, which luxury stocks among Boot Barn Holdings (BOOT), Steven Madden (SHOO), and Burberry Group (BURBY) are likely to gain from the industry tailwinds? Keep reading… StockNews.com · Dec 7, 2023
U.S. Stocks: Is There Still Room for a Santa Claus Rally in 2023? U.S. stocks rallied sharply in November, which lowers the odds of a "Santa Claus" rally in December. Markets might still see some upward movement during the month, though, as valuations don't seem too high - if not outright cheap. Barchart · Dec 7, 2023
3 Specialty Retailer Stocks to Buy Now for December The specialty retail industry is booming thanks to easing inflation, increased consumer spending during the holiday season, and the growing adoption of digital technology. Hence, quality specialty retailer stocks Upbound Group (UPBD), NEXT plc (NXGPY), and Live Ventures (LIVE) could be solid buys this month for substantial returns. Keep reading…. StockNews.com · Dec 7, 2023
BBC licence fee will rise to £169.50, Culture Secretary confirms The licence fee will rise from £159 to £169.50 next year, Culture Secretary Lucy Frazer has announced Evening Standard · Dec 7, 2023
A Closer Look at Ford (F) and Toyota (TM) – Time to Buy, Hold, or Sell? Auto sales are projected to rebound in the upcoming quarters with reduced inflation, better inventory and enhanced supply chain. Considering this, is it wise to invest in Toyota Motor Corporation (TM) and Ford Motor Company (F) now? Keep reading…. StockNews.com · Dec 7, 2023
Why It’s Time to Give Bonds Another Look Yields are much more attractive now, but you should use discretion to find the bond allocation that’s best for you. Kiplinger · Dec 7, 2023
December dates for benefits, pensions and cost of living payments Many households still struggling and facing costly winter, even as inflation begins to ease The Independent UK · Dec 7, 2023
The Guardian - UK · Dec 7, 2023 Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes
Kiplinger · Dec 6, 2023 Is A Recession Looming? Two Big Bank CEOs See It That Way Recession is likely, Citi's CEO told a Senate panel today, a sentiment echoed by JP Morgan's chief executive last week.
Barchart · Dec 6, 2023 Dollar Recovers Early Losses as Stocks Fade The dollar index (DXY00 ) on Wednesday rose by +0.12% and posted a 2-week high. On Wednesday, the dollar recovered from early losses and moved higher after stocks gave up an early advance and turned lower, which boosted liquidity demand for the dollar. The dollar on Wednesday initially moved lower...
Barchart · Dec 6, 2023 Stocks Mixed as Weak ADP Report Bolsters the Outlook for Fed Rate Cuts What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.15%. Stocks are mixed after a smaller-than-expected increase in Nov...
StockNews.com · Dec 6, 2023 3 on the Rise Grocery Stocks to Buy for This Week’s Profits Apart from its resilient nature, the grocery industry is well-positioned for long-term growth due to the rise in online shopping, diversified products, rising disposable incomes, easing inflation, use of technology, etc. Therefore, it could be wise to buy fundamentally strong grocery stocks DFI Retail (DFIHY), Koninklijke Ahold Delhaize (ADRNY), and…
International Business Times · Dec 6, 2023 Canada Maintains Key Interest Rate At 5% Canada's central bank on Wednesday held its key lending rate at five percent, citing the global economic slowdown and easing inflation.
Barchart · Dec 6, 2023 Stocks Climb as Weak ADP Report Bolsters the Outlook for Fed Rate Cuts What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.10%. Stocks this morning are moderately higher, with the Dow...
The Guardian - AU · Dec 6, 2023 Bracket creep is cooling Australia’s economy – it’s good news for interest rates but not for household budgets The weak economy probably means the next RBA rates move – short of an inflation surprise next month – will be a cut
The Independent UK · Dec 6, 2023 December dates for benefits, pensions and cost of living payments Many households still struggling and facing costly winter, even as inflation begins to ease
Barchart · Dec 5, 2023 Dollar Gains on Safe-haven Demand from Chinese Debt and a Weak Euro The dollar index (DXY00 ) on Tuesday finished up by +0.31% and posted a 1-1/2 week high. The dollar found support Tuesday on increased safe-haven demand after Moody’s Investors Service downgraded China’s credit outlook to negative from stable due to rising debt. Weakness in the euro also supported the dollar...
StockNews.com · Dec 5, 2023 3 Big Box Retailer Stock Giants Driving Year-End Gains Driven by robust consumer spending, easing inflation, strong holiday sales, and leveraging cutting-edge technology, big-box retailers are set for long-term growth. To that end, investing in retail giants Target (TGT), Walmart (WMT), and Kroger (KR) can drive year-end gains. Read on.