The U.S. budget deficit quadrupled to $240 billion in May from a year earlier, fueled by higher government spending and fewer taxes collected.
Commodities Corner: Goldman Sachs cuts its December Brent oil-price forecast by nearly 10%
Goldman Sachs reduces its December forecast for global benchmark crude prices by almost 10% to $86 a barrel this week, blaming higher-than-expected supplies from Iran and Russia.
Key Words: ‘Remote work doesn’t work’: David Sacks, ex-PayPal executive, blasts working from home as ‘lifestyle’
JPMorgan Chase CEO Jamie Dimon said back in 2021 that working remotely “doesn’t work for those who want to hustle.”
Key Words: ‘Remote work doesn’t work’: David Sacks, ex-PayPal executive, blasts working from home as ‘lifestyle’
JPMorgan Chase CEO Jamie Dimon said back in 2021 that working remotely “doesn’t work for those who want to hustle.”
The Fed: Skip, pause or hike? A guide to what is expected from the Fed
The Fed is expected to refrain from raising interest rates in June, but hold the door open to a rate hike in July. Gauging how serious they are about a July hike will be key.
: Americans haven’t felt this confident about house prices since July 2022, despite high interest rates. What gives?
The Federal Reserve Bank of New York’s latest survey gives fresh insight into how consumers feel about the trajectory of the housing market.
In One Chart: Goldman Sachs analysts see more ‘inflation relief’ coming this year, at least ‘beyond the next couple of prints’
Goldman Sachs Group analysts see potential for some more inflation cooling this summer.
The Ratings Game: Carnival’s stock soars after two analysts turn bullish, as cruise demand shifts from ‘pent-up’ to ‘sustainable’
Carnival’s stock cruised toward a 13-month high Monday after two Wall Street analysts turned bullish, as continued strong demand has become more sustainable.
Deep Dive: Bank of America execs blew $93.6 billion. Here’s how they did it.
It’s time for companies and analysts to stop calling stock buybacks a “return of capital” to shareholders.
The Ratings Game: Amazon can reverse its recent margin ‘deterioration’ in a big way, says BofA
Amazon has seen “deterioration” on a key metric relative to 2020, but the company’s past growing pains could translate to underappreciated opportunities.
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