Recession, Recession, Recession? 7/28/22
The Federal Reserve has once again hiked interest rates by 0.75%, but the markets breathed a sigh of relief at the central bank’s signal that the peak hikes might be behind us. Today’s GDP data reveal...
28 Jul 202226min
Tech’s Quarterly Tea Leaves & Hulu, Open for More Politics 7/27/22
Microsoft and Alphabet both missed analyst expectations in quarterly financial results, pointing to “uncertainty” ahead. Investors were buoyed by certain metrics, though, and Wall Street anxiously awa...
27 Jul 202223min
Retailers Be Warned & Coffee for Crypto 7/26/22
Walmart has issued a dire warning to Wall Street, sending share prices of other retailers lower after cutting its profit outlook. Congress aims to move on U.S. chip manufacturing legislation this week...
26 Jul 202224min
The “R” Word & Summer Invites: Billionaire or Bust 7/25/22
The U.S. economy may see two consecutive quarters of GDP contraction, but the White House isn’t ready to call it a recession. Whatever we call it though, today’s economic and political environment has...
25 Jul 202228min
Polio’s Back? and Our Viral News Flash 7/22/22
President Biden has tested positive for covid-19, and the White House has shared his prognosis and treatment. Former FDA Commissioner Dr. Scott Gottlieb discusses the President’s health status, Paxlov...
22 Jul 202225min
AT&T CEO John Stankey & Tesla’s Crypto Dump 7/21/22
Consumers are taking longer to pay their bills, says AT&T CEO John Stankey. In an extended interview, Stankey discusses the pulse of the American consumer, as well as his company’s renewed focus on 5...
21 Jul 202229min
EU’s Energy Turmoil; Netflix Earnings & Chill 7/20/22
The Nord Stream 1 pipeline, the main route for Russian energy passage to the rest of Europe, is set to start functioning again on Thursday, but EU leaders are concerned that the Kremlin won’t restart ...
20 Jul 202231min
JNJ’s Business Health & Remote Office Politics 7/19/22
Johnson & Johnson beat analysts’ estimates on the strength of its pharmaceuticals unit despite the company cutting its profit forecast due to a stronger dollar. CFO Joseph Wolk blamed the forecast cut...
19 Jul 202233min
