April US CPI inflation preview: 'The descent begins'
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- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- Equities close higher as softer jobs data quiets rate-hike expectations
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Why you should and shouldn’t worry about credit card debt: BofA
May 12, 2024 8:00 PM EDTIn Bank of America's weekly viewpoint, the spotlight falls on the issue of credit card debt, with insights into both reasons for concern and reassurance.
The NY Fed's Quarterly Report indicates a significant uptick in credit card debt over recent quarters, surpassing $1 trillion for the first time in... More
Recession, AI, stagflation: BofA answers 5 key investor questions
May 10, 2024 2:00 PM EDTInvestors are navigating a landscape with economic uncertainty, prompting Bank of America (BofA) analysts to address five critical queries driving market sentiment.
Firstly, concerns over a shift from recession risk to stagflation loom large. BofA reassures that such a transition is improbable, citing historical data showing that despite periodic challenges, the vast majority of... More
