News
Robust US commercial loan growth eases worries of economic slowdown
1+ day, 1+ hour ago (523+ words) Bank of America Corp Wells Fargo & Company US banks report strong commercial loan growth, consumer loans steady Bank of America reported over 12% growth in commercial loans, consumer balances up 4% JPMorgan's commercial loan book surged about 18%, while consumer borrowing stayed flat…...
Goldman CEO Warns Prolonged Conflict Could Stoke Inflation
1+ week, 1+ day ago (489+ words) Goldman Sachs Group, Inc. Goldman Sachs Group Inc. (NYSE: GS) shares fell Monday after the firm reported its fiscal first-quarter 2026 results. Net revenue rose 14% year over year to $17. 23 billion, exceeding the $16. 97 billion consensus estimate, driven by strength in Global Banking…...
Inflation Panic Sends US Consumer Confidence To All-Time Low: University Of Michigan
1+ week, 5+ day ago (664+ words) United States Gasoline Fund Lp Confidence among American consumers has never been this depressed in the history of the University of Michigan survey. The preliminary April consumer sentiment index crashed to 47. 6 " an all-time record low, an 11% monthly plunge and a…...
Americans give record-low marks to economy, in ominous sign for Republicans
1+ week, 5+ day ago (578+ words) Inflation surge driven by Iran war, oil supply cuts, and record gasoline prices Consumer sentiment hits record low, with Republicans' outlook dropping sharply White House officials worry Iran war distracts from addressing voters' economic concerns WASHINGTON, April 10 (Reuters) - Americans are…...
US Stocks Mixed; Dow Falls Over 100 Points
1+ week, 5+ day ago (221+ words) Presidio Property Trust, Inc. Class A Treace Medical Concepts, Inc. U. S. stocks traded mixed this morning, with the Dow Jones index falling more than 100 points on Friday. Following the market opening Friday, the Dow traded down 0. 29% to 48, 045. 77 while the NASDAQ rose…...
WRAPUP 4-Record surge in gasoline prices fuels US consumer inflation in March
1+ week, 5+ day ago (846+ words) Adds details from report, markets reaction, analyst comment throughout Consumer Price Index increases 0. 9% in March, largest gain since mid-2022 Gasoline prices account for nearly three quarters of rise in inflation CPI advances 3. 3% year-on-year, largest increase since May 2024 Core CPI gains 0. 2%; increases…...
How Barclays" Cautious Overweight Call Ahead of Q1 Results At SLM (SLM) Has Changed Its Investment Story
1+ week, 6+ day ago (131+ words) SLM's narrative projects $1. 5 billion revenue and $658. 4 million earnings by 2029. Uncover how SLM's forecasts yield a $30. 73 fair value, a 42% upside to its current price. Before this news, the most optimistic analysts were assuming revenue growth of about 7 percent a year and…...
WRAPUP 2-US labor market holds steady; inflation firmer before Iran war
1+ week, 6+ day ago (894+ words) Adds details from reports, analyst comments throughout Weekly jobless claims increase 16, 000 to 219, 000 Continuing claims decrease 38, 000 to 1. 794 million, lowest level since May 2024 Core PCE price index rises 0. 4% for second straight month; up 3. 0% year over year WASHINGTON, April 9 (Reuters) - New applications for…...
America's Debt Interest Bill Tops Half A Trillion As Fiscal Burden Grows
1+ week, 6+ day ago (209+ words) This represents a $33 billion increase from the same period last year, driven by a larger debt load and higher long-term interest rates. The federal deficit totaled $1. 2 trillion, with total outlays of $3. 7 trillion (up 2%) and revenues rising 10% to $2. 5 trillion, partly buoyed…...
March Inflation Set For Biggest Jump Since June 2022 " When CPI Spikes, These Stocks Fall
1+ week, 6+ day ago (819+ words) Advanced Micro Devices, Inc. The March Consumer Price Index (CPI) report, scheduled for release at 8: 30 a. m. ET on Friday, will deliver the first hard data point on how the Iran war has reshaped the inflation outlook. Wall Street expects the answer…...