2023-07-02 09:35:43 Major US banks including Morgan Stanley, JPMorgan Chase & Co, Citigroup and Goldman Sachs announced stock dividend increases on Friday, June 30. after passing the latest stress test from the Federal Reserve (Fed). JPMorgan announced plans to increase its stock dividend from $1 per share to $1.05 per share for the third quarter … Read more
2023-06-17 19:37:24 The interest rate hike halted The Federal Open Market Committee halted a series of interest rate hikes on Wednesday, but policymakers expected them to rise higher than expected in the face of surprisingly persistent price pressures and labor market strength. Meanwhile, short-term inflation expectations in the US fell in early June to their … Read more
2023-05-08 13:52:04 Skyline Frankfurt With 41 percent of the family offices surveyed, the largest group manages between one and five billion US dollars. (Photo: dpa) Frankfurt Very stubborn inflation, the turnaround in interest rates on the capital markets, the continuing risk of recession in the major western economies: Various uncertainties on the markets are affecting … Read more
2023-05-05 07:30:00 Bidenomics The Biden program is putting pressure on other economic powerhouses. Joe Biden’s strategy is working: A few months after billion-dollar subsidy programs were approved, massive investments are flowing into the USA. The US President wants to push back China’s influence and secure his re-election. The allies in Europe, who are threatened with … Read more
2023-04-14 20:51:35 New York Weak retail sales in the US pushed Wall Street into the red on Friday despite strong balance sheets from major US banks. The Dow Jones lost 0.4 percent to 33,886 points. The tech-heavy Nasdaq was also down 0.4 percent to 12,123 and the broader S&P 500 was down 0.2 percent to … Read more
New York Weak retail sales in the US pushed Wall Street into the red despite strong balance sheets from major US banks. The Dow Jones index of standard values was 0.5 percent weaker at 33,847 points on Friday. The broader S&P 500 lost 0.3 percent to 4132 points. The Nasdaq technology exchange index fell 0.4 … Read more
Goldman Sachs on Wednesday cut its forecast for fourth-quarter US gross domestic product growth, citing risks to lending, while smaller banks shrink their loan portfolios to conserve liquidity in the face of a banking crisis. Analysts at the bank now expect year-on-year growth of 1.2 percent for the fourth quarter, down 0.3 percent from the … Read more
The Dow opened more than 100 points lower amid concerns about a Federal Reserve interest rate hike. The New York Stock Exchange will be closed on Monday, Feb. 20 for President’s Day. As of 9:31 p.m. Thai time, the Dow Jones Industrial Average was 33,569.10 points, down 127.75 points or 0.38%. Goldman Sachs released a … Read more