Tag Archives: growth

Better-than-expected growth data gave the pound a boost on Wednesday, but that came at the expense of U.K. stocks, weighed by major oil companies and a poor debut for a highly anticipated initial public offering. U.K. gross domestic product rose 1.3% in the final quarter of 2020, versus the previous …

Wayfair Inc. W, -1.78% was upgraded to buy from hold at Truist Securities, with analysts estimating that the e-commerce home goods retailer accelerated its active customer base by two years during the COVID-19 pandemic. Truist raised its price target to $ 375 from $ 315. Wayfair said in its fourth-quarter …

INDIAN LAND, S.C. — Movement Mortgage, one of the nation’s largest retail mortgage lenders, is excited to announce changes to its senior sales leadership team with the promotion of company veterans Matt Schoolfield, Chris Shelton, and Kisha Weir to Divisional Leaders. They will be responsible for unified, strategic, long-term growth …

Sizable earnings beats from Big Tech and the big banks are likely to drive a surprise lift in corporate profits this earnings season. S&P 500 index SPX, +0.39% companies are now projected to show positive earnings growth of 1.7% for the fourth quarter, with 58% of results already in. That …

Could Democrats be fighting the last war and wasting money on another $ 1.9 trillion economic relief package? Perhaps, if St. Louis Federal Reserve president James Bullard is right. The Fed official thinks the economy is already set for a strong recovery in 2021. It’s possible U.S. economic growth could …

The numbers: The huge service side of the U.S. economy grew faster in January and companies added more workers, signaling better times ahead as the record surge in coronavirus cases receded. A survey of top business leaders at non-manufacturing companies such as restaurants, hospitals and banks rose to 58.7% from …

The U.S. economy might be getting ill again from the coronavirus. Mario Tama/Getty Images The numbers: The U.S. economy expanded again in October at a moderate pace, according to a survey of leading indicators, but growth is slowing and likely to taper off even further as the coronavirus reasserts itself. …

Don’t miss these top money and investing features: Bargain-basement value stocks have been out of favor for years, with investors driving up the prices and popularity of Big Tech, FAANG and other growth stocks. Yet many U.S. market strategists see a window opening for value stocks in 2021 on hopes …

Getty Images “ ‘A number of countries have done a much better job of dealing with the virus without inflating their budget deficits and printing money.’ ” That’s Bob Prince, co-chief investment officer of the world’s largest hedge fund at Bridgewater Associates, explaining to Bloomberg in a recent interview why …