FCC looking at proposal to stop robotexts
- Business
- October 18, 2021
Market pros track the spread between longer duration Treasury yields and shorter duration yields, with the former typically higher. However, the 2-year Treasury yield was up at 2.8446% on Wednesday morning, above the 10-year. That so-called inversion, particularly if sustained, is often interpreted as a warning sign that the economy may be weakening and a
READ MOREA growing number on Wall Street are talking up the risk of a recession, with Goldman Sachs , Deutsche Bank and more all pointing to a higher probability of a downturn. “Economic data points indicate a higher probability of recession,” Morgan Stanley analysts said in a June 29 note. “Since the beginning of the year,
READ MOREBuy now, pay later services grew up during a time of economic stability, with demand ballooning in the early days of the pandemic as bored consumers shopped to break the doomscrolling cycle. The services — Affirm , Afterpay, Klarna and more — allowed shoppers to purchase new patio furniture, comfy clothing and other goods they
READ MOREFrancesco Carta Fotografo | Moment | Getty Images Carnage in the crypto market won’t let up, as token prices plummet, companies lay off employees in waves, and some of the most popular names in the industry go belly up. The chaos has spooked investors, erasing more than $2 trillion in value in a matter of
READ MOREAnalysts at Goldman Sachs and Bank of America have picked their top energy stocks, with those involved in hydrogen, electric vehicles and renewables among their favorites. The sector certainly looks hot right now, with the iShares Global Energy ETF up around 30% year-to-date as investors react to sky-high energy prices. In a note from June
READ MOREShare buybacks are on the rise, according to Goldman Sachs , with the investment bank naming a raft of European companies that it thinks are ready to accelerate the pace of shareholder returns. Share buybacks, also known as share repurchases, are when a company buys back its own shares from the stock market. This boosts
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