
‘He’s got a tough job there now,’ said Jim Bianco, president and macro strategist at Bianco Research.
‘Many borrowers understandably backed away from refinancing last week,’ says the Mortgage Bankers Association deputy chief economist.
Dropbox beat guidance on both revenue and operating margin in the first quarter.
Investors shrug off inflation, war, and higher interest rates.
‘This isn’t the teen workforce of the 1980s,’ said global outplacement firm Challenger, Gray & Christmas.
‘Consumers appear worried that inflation will increase and proliferate beyond fuel prices,’ said the University of Michigan’s consumer surveys director.
‘Today marks a return to an institution that I do, in fact, cherish,’ Warsh said.
The so-called software scare—also known as the SaaSpocalypse—had generated consternation across financial markets
Continuing unemployment benefits came in below expectations, lifting optimism about renewed hiring momentum.
‘Policy firming’ could be ahead if inflation continually runs above Fed’s 2 percent target, according to a summary of meeting minutes.