Tag Archives: increasing

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: This week’s Chart of the Week features an excerpt from our latest Chartbook, a mammoth Yahoo Finance project in which dozens of economists and strategists send us a key chart and say why it’s important. We’ve been featuring them in editions of our Morning Brief newsletter all week. The almost three dozen charts and explanations tell the story of a strong market and… Source link

As the market’s downward slide continues following a hawkish Federal Reserve statement Tuesday afternoon, economists have downgraded their forecasts for the economy in 2023. “While we don’t necessarily have a recession in our forecasts, we do see the risk of a recession increasing,” said Beth Ann Bovino, Chief U.S. Economist for S&P Global Ratings. “We now have it at about 30%; we see the risk go much larger in 2023 when those cumulative rate hikes from the Fed to attack inflation… Source link

Millions of dollars in student loan debt could have been cancelled already had the student loan machinery worked properly, according to a government watchdog. A new report by the Government Accountability Office (GAO) looked into income-driven repayment (IDR) plans and found that as of June 1, 2021, around 7,700 student loans were due to be forgiven under existing rules — but the Education Department (ED) had only approved 157 loans to actually be discharged. “Until Education takes steps to… Source link

Google Fi is cutting the prices across its two unlimited cellular plans, in addition to adding more high-speed data (via 9to5Google). The Simply Unlimited plan has dropped from $60 / month to $50 / month for one line, while the full-featured Unlimited Plus plan now sits at $65 / month for one line, compared to its previous $70 / month price. This marks the first price cut for the Unlimited Plus and Simply Unlimited plans since their debuts in 2019 and 2021, respectively. The cheaper cost… Source link

Will there be a stock market crash in 2022? Most of Wall Street doesn’t think so, but short sellers are certainly betting on it. Short interest in the S&P 500 grew by 11 basis points from 2.09% to 2.2% between the end of last year and mid-March, the latest data from S&P Global Market Intelligence reflected. Bets against stocks across every sector in the benchmark except for financials grew by meaningful amounts during the period as the index corrected from all-time highs earlier in the year.

This article was originally published on Simply Wall St News Plug Power’s Inc. (NASDAQ:PLUG), shares saw an 11% drop to US$25.10 in the week since the company reported its quarterly result. On the whole, it seems that the stock has stabilized back to fundamentals after a high enthusiasm run from the beginning of 2021. We will take a better look at the fundamentals and see what analysts are expecting for the company. For their second quarter, Plug Power shipped 3,666 GenDrives compared to… Source link

Back at the end of March, when the coronavirus was first surging in the United States, polls showed Americans felt similarly about both presidential candidates ability to handle the pandemic. Three months later, that’s changed, a new survey released from The Washington Post and ABC News finds. The poll, released Sunday, shows the presumptive Democratic nominee, former Vice President Joe Biden, holding a 20-point advantage over President Trump when it comes to which candidate voters trust more… Source link