[unable to retrieve full-text content]High rates haven’t always been a problem for stocks Yahoo Finance Source link
Read More »A 15-year problem that has plagued corporate America is finally turning around
American workers are becoming more productive. Recent analysis from Bank of America showed the average revenue per worker for companies in the S&P 500 hit an all-time high in February after 15 years of no gains. This is one of several signs that labor productivity is rebounding after slumping during 2022. Some on Wall Street think the developments in labor productivity could help the stock market survive stickier-than-expected inflation that has emerged as a concern in recent weeks. “If… Source link
Read More »Commercial real estate a ‘manageable’ problem but some banks will close: Powell
Federal Reserve chair Jerome Powell is predicting that more small banks will likely close or merge due to commercial real estate weaknesses, but that the problem is ultimately “manageable.” The central bank official made this point during a 60 Minutes interview that aired Sunday night. It was Powell’s first comments about the industry following a new bout of turmoil cascading through the stocks of many regional banks. “I don’t think there’s much risk of a repeat of 2008,” Powell said,… Source link
Read More »Is Purdy a problem? Change is coming in Buffalo
Is Purdy a problem? Change is coming in Buffalo | Sunday Night Blitz Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
Read More »Apple could have a new problem: Uncle Sam
Apple (AAPL) has long avoided the government-induced antitrust headaches now plaguing Big Tech rivals like Amazon (AMZN), Google (GOOG, GOOGL), and Meta (META). Until now. The Justice Department is reportedly in the final stages of deciding whether to wage a sweeping legal attack on Apple that could compound headwinds already picking up steam for the world’s most valuable company in a rough start to the new year. According to the New York Times, US antitrust investigators are wrapping up a… Source link
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