The Biden administration’s Environmental Protection Agency (EPA) has put a new law into regulation that could potentially cut one million jobs across the country and could undermine new efforts to build new manufacturing facilities.
Read More The Biden Administration’s New Regulation Could Wipe Out 1 Million U.S. Jobs
Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.
Read More Markets underestimate risk of inflation re-accelerating, says PIMCO
The Biden administration has announced they are canceling another $1.2 billion in student loan debt for over 150,000 borrowers, six months ahead of schedule.
Read More Biden Cancels Another $1.2B In Student Loan Debt
Goldman Sachs raised its year-end target for the benchmark S&P 500 citing an improved earnings outlook for the index companies.
Read More Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook
Producer prices came in higher than expected today, so did the consumers prices earlier this week. Producer prices show what producers pay to make goods, which ultimately affects consumers.
Read More Inflation Readings Come in Hotter-Than-Expected
Economists cautioned the decline may be due to winter storms and technical factors.
Read More US retail sales tumble in January; weekly jobless claims fall