The U.S. economy grew at a strong pace in the third quarter. But there are signs of weakness under the surface.
More than 40% of U.S. households will owe no federal income tax, down from last year, according to a new analysis
More than 72 million American households will pay no federal income taxes this year, marking a large decline from last year, the Tax Policy Center said.
Key inflation gauge for the Fed rose 0.5% in September, in line with expectations
The core personal consumption expenditures price index increased 0.5% from the previous month and accelerated 5.1% over the past 12 months.
Top ranked advisors say these are the 3 biggest investing mistakes people make during recessions
These are some of the biggest investing mistakes from past recessions, according to top advisors. Here’s how to avoid the same blunders.
Stocks making the biggest moves premarket: Exxon Mobil, Chevron, Amazon and others
These are the stocks posting the largest moves before the bell.
U.S. economy seeing a ‘mitigation’ in growth not a slowdown, says Bank of America CEO
Consumers and corporations have strong underlying credit and are not holding back, Brian Moynihan said.
‘I don’t lose sleep’: Bank of America CEO isn’t worried about financing the Twitter deal
The CEO of Bank of America doesn’t appear worried about funding Elon Musk’s Twitter takeover.
Earnings season is the first big test for single-stock ETFs after a slow start in the U.S.
The products have struggled to attract inflows in their first few months on the market, but have seen higher trading volume around earnings.
Venture capitalists are betting on a part of China’s chip industry safe from U.S. bans
China is so far behind the U.S. in semiconductor technology that some investors are betting on startups to fill that gap.
American companies increasingly look outside of China after Covid
Nearly twice as many U.S. companies cut their investment in China versus last year, the American Chamber of Commerce in Shanghai found in its latest survey.