The US economy unexpectedly shrank in the first quarter
America's economy unexpectedly shrank in the first quarter of 2022, data from the Bureau of Economic Analysis showed Thursday.
Source: wtae.com
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Powell punctuates Fed pivot
It was just one of several surprisingly frank moments from Powell.
Source: politico.com
One stat shows how hard it is to pick market-beating stocks
Picking stocks in an attempt to beat market averages is an incredibly challenging and sometimes money-losing effort. In fact, most professional stock pickers aren’t able to do this on a consistent basis.
Source: aol.com
Jobless claims hit lowest level in 52 years
New claims for unemployment insurance dropped to 184,000 last week, according to data released Thursday by the Labor Department, falling to the lowest level in more than 52 years.
Source: thehill.com