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P&G Shows Headwind Consumer-Goods Stocks Face When Inflation Cools

(Bloomberg) -- While US consumers may be feeling a measure of relief as inflation cools, investors in the shares of consumer-goods makers aren’t quite as calm. Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionBoeing Blocked From Building More 737s in Hit to Growth PlanThat’s because ebbing inflation gives companie...
United States David Bahnsen Josh Cummings Bloomberg Businessweek Michael Casper Gina Martin Adams
Source: yahoo.com

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Dow Erases 2023 Gain, Volatility Spikes as Rate Angst Spreads

(Bloomberg) -- It’s getting bleak for equity bulls hoping for a reprieve from the US stock market’s “higher-for-longer” tantrum.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recession Is Still Likely — and Coming SoonWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Kevin McCarthy Ousted as US House Speaker by Republican DissidentsThe S&#...
United States Jerome Powell Savita Subramanian Bloomberg Businessweek Kim Forrest Raphael Bostic
Source: yahoo.com

Corporate America's Profit Engine Is Just Starting to Rev Up

(Bloomberg) -- Don’t belittle Corporate America’s famous profit engine.Most Read from BloombergUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearTop-Ranked Hedge Fund Chief Sees S&P 500 Entering ‘No Man’s Land’Tesla Starts Cybertruck Production Two Years Behind ScheduleBlackRock’s Rieder Says US Doesn’t Have to Fall Into RecessionEquity strategists are boosting ea...
United States Brian Frank Michael Casper Bloomberg Businessweek Frank Value Fund Fort Pitt Capital Group
Source: yahoo.com

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