Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City. Michael M. Santiago | Getty ImagesA U.S. recession may prevent a steep market downturn in the second half of 2023, according to...
Europe may have done a good job in reducing its dependency on Russian oil and gas and mitigating an energy crisis caused by the war in Ukraine but it's "not out of the woods" yet, the head of the International Energy Agency (IEA)...
Tech stocks on display at the Nasdaq. Peter Kramer | CNBCThe market's affinity for Big Tech stocks this year is "shortsighted," according to portfolio manager Freddie Lait, who said the next bull market phase will broaden out to other sectors offering greater value.Shares of...
Aerial view of oil and gas jack-up rig at the yard for maintenance with many vessels in Singapore. Oil prices saw three consecutive weekly declines last week, marking the longest losing run this year.Chain45154 | Moment | Getty ImagesThe recent slide in oil...
The fast food behemoth McDonald's Corporation (NYSE: MCD) has seen excellent global comparable sales in Q2, an increase of nearly 10% and growth across all segments (the U.S. segment increased 3.7%, the International Operated Markets segment increased 13% and the International Developmental Licensed Markets...
