Economy

JPMorgan now sees a 35% chance of US recession this year

JPMorgan (NYSE:JPM) has adjusted its probability of a U.S. recession this year to 35%, up from 25% in its midyear outlook, the Wall Street giant revealed in a Wednesday report.

US futures, jobless claims, Apple - what's moving markets

RBI keeps interest rates unchanged at 6.5%, cuts Q1 GDP forecast

Investing.com-- The Reserve Bank of India kept interest rates unchanged as widely expected, and reiterated that it will continue to withdraw accommodative policy to ensure a decline in inflation.

Futures rebound, Walt Disney, BOJ - what's moving markets

Goldman: Market stress elevated but not at level to force Fed to intervene

Higher volatility has led to increased market stress this week, Goldman Sachs (NYSE:GS) economists highlighted in a Tuesday note.

Intermeeting cuts? History says not even close: BofA

In a note to clients Tuesday, Bank of America (NYSE:BAC) analysts argued that the likelihood of the Federal Reserve implementing intermeeting rate cuts is extremely low based on historical precedent.

Fed likely to recalibrate, not pivot: Barclays

The Federal Reserve will recalibrate its approach in response to recent economic data but stop short of an aggressive policy shift, Barclays (LON:BARC) strategists said in a Monday note.

US futures, Nikkei rebound, Google's case - what's moving markets

RBA keeps interest rates on hold, flags restrictive policy on sticky inflation

Investing.com-- The Reserve Bank of Australia kept interest rates steady on Tuesday, as expected, and said that it will need to keep monetary conditions tight to combat persistent inflationary pressur

Fed higher for longer stance may force intermeeting cuts: Evercore ISI

Investing.com -- The longer the Fed clings onto its higher for longer policy stance, the greater the risk that it may fall behind the curve and be forced to cut in between Fed meetings.

Banks loosen lending standards in Q2, Fed survey shows

Investing.com -- Loan officers at major banks eased lending standards in the second quarter of the year, according to the Fed’s July Senior Loan Officer Opinion Survey, released on Monday.

What is the Sahm Rule and are investors right to be worried?

Global stock markets faced an air pocket on Monday, leading investors to rely on the "Sahm rule," a highly accurate recession indicator, to assess whether the U.S. economy is in recession.

Chicago Fed President Austan Goolsbee to speak on CNBC

Chicago Federal Reserve President Austan Goolsbee stated on Monday that the central bank is prepared to respond to signs of economic weakness, hinting that current interest rates may be too prohibitiv

Markets are getting ahead of the Fed: BofA

The latest jobs data has heightened fears that the US economy is facing a downturn, leading to debates among investors that the Federal Reserve may need to accelerate its rate-cutting plans in order t

Goldman: Recession risk limited, see three rate cuts this year

Economists at Goldman Sachs (NYSE:GS) updated their rate cut forecasts following last week's weak jobs report, but believe the recession risks for the U.S. economy are limited.

Slumping US futures, Nikkei's hefty fall, Bitcoin weakness - what's moving markets

RBA preview: rate hike unlikely, but hawkish hold on tap amid sticky inflation

Investing.com-- The Reserve Bank of Australia is widely expected to keep interest rates unchanged at the conclusion of a meeting on Tuesday, especially after recent inflation data showed mild cooling.

Recession fears? Much ado about nothing

Investing.com -- The weaker July nonfarm payrolls had many hitting the panic button on risk assets and calling for a Fed rescue with aggressive rate cuts in upcoming meetings, but some experts flag di

Wall Street strategists rush to adjust Fed calls after a weak jobs report

This article first appeared in Investing.com

Intel stock crashes 27% as Q2 misses estimates on margin concerns, poor guidance

Investing.com -- Intel stock plummeted sharply after the chipmaker on Thursday suspended its dividend and said it expected a loss in the third quarter after reporting Q2 results that fell short of est