As British fund manager abdrn predicts a potential soft landing for the U.S. economy, concerns about a prolonged slowdown in 2025 are still looming. Kenneth Akintewe, the company’s head of Asian sovereign debt, raised doubts about the Federal Reserve’s policy decisions, questioning whether they are heading towards a mistake. Akintewe highlighted the discrepancies in economic
The Thursday Morning Meeting livestream with Jim Cramer provided insights into the market performance for the day. Despite the S & P 500 advancing by 0.7%, tech giant Nvidia experienced a decline in share prices after beating estimates. Analysts were particularly concerned about the company’s full-year outlook on gross margins, causing a 3.5% drop in
China’s foray into the world of top-tier video games has made a significant splash, challenging traditional norms and setting new records in the gaming industry. The recent release of Black Myth: Wukong, an action-packed game set in mythological China, surpassed all expectations by selling over 10 million units within just three days of its launch.
As the Federal Reserve prepares to lower interest rates, there is a cloud of uncertainty over the U.S. economy. While some experts fear a potential recession, others are hopeful for a smooth transition known as a “soft landing.” For individuals nearing retirement, the outcome of this economic shift holds significant implications. A sudden market decline
As the Federal Reserve plans a September interest rate cut, dividend-paying stocks are gaining attention as potential outperformers. This is due to the fact that dividend yields on these stocks may appear more attractive compared to returns on other income-generating assets, such as bonds. Identifying the right dividend stocks from a wide array of companies
The restaurant industry has faced significant challenges in 2024, with a surge in bankruptcy filings prompting concern over the long-term health of the sector. Various prominent restaurant chains have filed for Chapter 11 bankruptcy protection in recent months, illustrating the intense financial pressures facing the industry. This article will delve into the causes behind these
The recent performance of Dollar General has been under scrutiny as the discount retailer faces challenges in its sales and profit forecasts. The company recently adjusted its guidance for the full year, indicating a lower expectation for same-store sales growth and earnings per share. This news has caused a significant drop in the company’s stock
As the season of fall foliage and pumpkin spice lattes approaches, so does the idea of a “September surge” in the job market. It is often believed that more job postings become available after Labor Day, signaling the end of a summer slowdown as recruiters and hiring managers return from vacation. However, career experts caution