The regional banking crisis could slow the U.S. economy even as deposits stabilize, the Fed chair said.
Target is investing money in new services and brands that it hopes will convince more budget-conscious customers to spend.
Preliminary economic data indicate overall growth isn’t yet roaring back since mainland China ended its Covid controls in early December.
Southwest expects a first-quarter loss because of current revenue and cost trends.
The economy is expected to have added 200,000 jobs in December, less than November, but still strong enough to keep the Fed aggressively fighting inflation.
After years of rapid growth, the U.S. cannabis industry is showing signs of fatigue amid challenging economic conditions and growing pains.
Claudia Buch, vice president of the Bundesbank, told CNBC there had not been a reversal of the “overall dynamic” in the housing market.
Alongside its use in cell phones and computers, lithium — which some have dubbed “white gold” — is crucial to electric vehicle batteries.
The euro zone is expected to face a recession in the coming months and economists are warning “it will not be shallow”.
The Fed is expected to raise interest rates by three-quarters of a point Wednesday and then signal it will reduce the size of rate hikes starting in December.
Cramer also previewed next week’s slate of earnings.