Page 6 - Mark Luschini News Today

Tech firms in the US are talking less about recession and more about artificial intelligence this earnings season, signaling that companies are increasingly optimistic about a soft economic landing.

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Tesla falls after Morgan Stanley downgrade * Accenture slips after dour quarterly rev...

Nearly all policy-makers at the Federal Reserve think there should be more rate hikes to curb inflation, Chairman Jerome Powell said in a speech prepared for delivery before Congress on Wednesday, following this months pause in the central banks year-long campaign of monetary tightening.

STORY: U.S. stocks started the holiday-shortened week on a down note Tuesday, taking a pause after the Nasdaqs longest weekly winning streak in more than three years.

Wall Street set for weekly gains as rate hike worries ebb

So far, they seem to be taking uncertainty over the debt ceiling in stride, but that could change as we get closer to the default deadline.

By Gunjan Banerji and Joe Wallace Major U.S. indexes rose Friday, on track to finish a volatile week with slim gains. The S&P 500 is on track to rise in April, which would mark a... | April 28, 2023

Bank of America CEO Brian Moynihan said during the bank's quarterly earnings call that a "mild" recession is likely to hit the economy later this year.

Sunday's bankruptcy filing marks the second in less than five years for David's Bridal, which supplies wedding gowns to one out of every four brides in the U.S.

U.S. stock indexes fell on Friday as mixed economic data added to worries that the Federal Reserve will not pause its interest rate hikes soon, while upbeat earnings helped the banking sector emerge... | April 14, 2023