The Santa Claus rally usually takes place in the last week of December and the first week of the new year, when major equity averages post significant gains due to several factors.
Another moratorium won't solve the problem that haunts millions of Americans.
Ford's lead on Wall Street over Tesla comes when Ford and other traditional automakers are rolling out several hybrid and electric vehicles.
2022 will determine whether digital currency gains traction as a global currency, side by side with national currencies, or remain an exotic collection in the digital wallets of cryptocurrency enthusiasts and true believers.
Metaverse is the next big thing in the Internet revolution. Meta (formerly Facebook), Microsoft, Nvidia, and Amazon, among others, are betting billions of dollars on building it. Smaller companies develop applications to ride on it.
The slowdown in retail sales follows a couple of other recent reports by the U.S. government indicating that the U.S. economy is cooling.
Costco's CN program positions the retail giant to be more competitive Amazon.
China's property bubbles are turning from a tailwind to a headwind for its economy, posing difficult choices for its policymakers soon.
Both food and energy are affected by weather conditions and supply interruptions due to transportation bottlenecks and other supply-side frictions.
Intel should be buying, not selling, fast-growing businesses, as it tries to catch up with fast-growing competitors like AMD and Nvidia.
The spread of the Omicron variant of COVID-19 when the Federal Reserve and the ECB are rolling back bond purchases will add uncertainty to global markets already on edge by fears of stagflation -- a situation of slower growth and rising inflation.
The major disadvantage in speculating in bitcoin or any other cryptocurrency is that bitcoin has no intrinsic value.
While there's nothing to do to change the chances of winning in a given bet, there are a few things you can do to play the lottery game smartly: raise the chances to win without going broke in the process.
The labor force participation edged up to 61.8% in November, though it remains 1.5% points lower than in February 2020.
Inflation is spreading across the U.S. economy as economic growth slows down, according to the Fed's Beige Book.
December could end up being a dreadful month for Wall Street.
During some holiday seasons, Walmart upped the war against Amazon by setting lower store prices than online prices for some items.
The labor market is gaining momentum, and that's good news for the pace of the economic recovery. Creating additional jobs means more income, and higher income means more spending, which means higher growth and higher spending. That's what economists call the "virtuous cycle" of growth.
Retail sales for the November-December period usually count for about 25% of annual sales.
Global equity markets joined retailers worldwide, putting up stocks on sale on Black Friday, as investors flee stocks for safe-havens, like government bonds, following news of another COVID-19 variant spreading in some parts of the world.
Creating additional jobs means more income, and higher income means more spending, which means higher growth and higher spending.
The property bubble, which has pushed home prices to the stratosphere, is making landlords rich, while it kills the dreams of the younger generations of purchasing a home, getting married and having children.
El Salvador's adoption of Bitcoin has placed the digital currency to two tests, the acceptability test and the international test.
Anyone who has been paying attention to U.S. home sales would probably have seen signs of homes sold all cash and above the asking price.
Inflation and Growth Fears Take Wall Street on a Wild Ride
Christmas came early for American retailers this year, as evidenced by the strong sales for major retailers like Walmart, Target, Macy's, and Kohl's this week.
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