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: Recession looks less likely for U.S., these economists say, but a ‘slog’ still lies ahead

by South Africa | Mar 28, 2023 | Stock Market News

Despite the recent bank panic, a recession in the U.S. is still not the most likely outcome, according to experts in Washington. Despite the recent bank panic, a recession in the U.S. is still not the most likely outcome, according to experts in Washington....

Washington Watch: There is going to be a ‘real mess’ in commercial real estate, but maybe not a financial disaster, economists says

by South Africa | Mar 28, 2023 | Stock Market News

There is going to be a ‘real mess’ in commercial real-estate market, but a financial crisis is not inevitable, a leading economist said Monday. There is going to be a ‘real mess’ in commercial real-estate market, but a financial crisis is not...

Outside the Box: No regulation or law can fix incompetent bank management, former FDIC chief says

by South Africa | Mar 28, 2023 | Stock Market News

Successful and stable banks all possess the same traits, which include superior management and a high-quality board of directors, writes Donald E. Powell. Successful and stable banks all possess the same traits, which include superior management and a high-quality...

: Lyft brings in new CEO, pushing co-founders from helm after stock’s plunge

by South Africa | Mar 28, 2023 | Stock Market News

Lyft Inc. is bringing in a new chief executive and removing its co-founders from running the ride-hailing company on a day-to-day basis. Lyft Inc. is bringing in a new chief executive and removing its co-founders from running the ride-hailing company on a day-to-day...

: Facebook insists it benefits news industry economically as California lawmakers press it to pay publishers

by South Africa | Mar 28, 2023 | Stock Market News

As California lawmakers press Facebook and Google to pay publishers for content, a new study from Facebook’s parent company on Monday insists it is benefiting the news business. As California lawmakers press Facebook and Google to pay publishers for content, a...

The Ratings Game: Caterpillar stock takes a hit after Baird turns bearish, in second downgrade in six weeks

by South Africa | Mar 28, 2023 | Stock Market News

Caterpillar’s stock falls after a Baird analyst turns bearish, citing the belief a “cyclical pivot point” is looming. Caterpillar’s stock falls after a Baird analyst turns bearish, citing the belief a “cyclical pivot point” is...
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