NJ weekend forecast promises ideal beach weather at the Jersey Shore
Atlantic City, NJ – The sun will take center stage this weekend at the Jersey Shore, setting up a stretch of weather made for boardwalk strolls, beach chairs, and ocean dips. Today…
Singapore keeps 2022 growth forecast as economy stays on recovery path
By Aradhana Aravindan SINGAPORE -Singapore maintained its forecast for the economy to expand 3-5% this year as the city-state’s recovery from the pandemic slump continues, although officials flagged downside risks to global…
Colombia inflation forecast higher in 2022, faster rate hikes seen – cenbank poll
By Nelson Bocanegra BOGOTA – Inflation estimates for Colombia this year rose and predictions of interest rate rises quickened among analysts polled in a central bank survey. The 40 analysts surveyed by…
Website creator Wix.com Q4 loss widens, unable to forecast 2022
By Steven Scheer JERUSALEM – Wix.com, which helps small businesses build and operate websites, reported on Wednesday a wider fourth-quarter loss and said it could not provide estimates for 2022 due to…
Goldman Sachs cuts S&P 500 forecast to under 5,000 as inflation worsens
– Goldman Sachs has tempered its outlook for the S&P 500 index, expecting it to stay below the 5,000 mark this year as rising inflation threatens to derail a nascent recovery in…
Goldman ups Fed hike forecast to 7 rate increases in 2022 after CPI data
HONG KONG -Goldman Sachs said it expects seven 25 basis point interest rate rises from the U.S. Federal Reserve this year, up from its previous forecast of five and updating its forecast…
EU exec cuts 2022 euro zone growth forecast, sharply raises inflation view
By Jan Strupczewski BRUSSELS – Euro zone economic growth will be slower than earlier expected this year because of a new wave of COVID-19 infections, high energy prices and continued supply-side disruptions,…
Goldman Sachs raises U.S. Treasury 10-year yield forecast
– Goldman Sachs said on Wednesday it was raising its forecast for the U.S. 10-year Treasury yield to 2.25% by end-2022 and to 2.45% by end-2023. Goldman’s previous forecast for the end…
Aurubis confirms 85% quarterly profit rise, raised earnings forecast
HAMBURG -Aurubis AG, Europe’s largest copper producer, on Monday confirmed an 85% rise in quarterly profits and reiterated increased full-year earnings estimates as high metal prices and strong output boosted results. Aurubis…
Meta Platforms’ weak forecast sparks meltdown of social media stocks
By Noel Randewich – Facebook owner Meta Platforms Inc’s quarterly earnings miss and poor forecast on Wednesday ignited a meltdown in social media stocks and threatened to smother a recent recovery from…
PayPal shares plunge 17% as bleak forecast stokes growth fears
– Shares of PayPal Holdings Inc slumped nearly 17% on Wednesday as investors questioned the company’s growth prospects after it disclosed a big hit to revenue from the impending loss of marquee…
Video game publisher Electronic Arts lowers annual adjusted sales forecast
– Electronic Arts Inc lowered its annual adjusted sales forecast after missing quarterly estimates on Tuesday, as the video game publisher faces the brunt of easing pandemic restrictions and fewer consumers picking…
Goldman Sachs cuts 2022 GDP forecast to 3.2% vs 3.8% consensus
NEW YORK – Goldman Sachs cut its GDP forecast in 2022 to 3.2% from a consensus 3.8% as U.S. growth is likely to slow abruptly early in the year as fiscal support…
Vans owner slips as production delays, China curbs hit sales forecast
By Ananya Mariam Rajesh -Vans shoe maker VF Corp cut its full-year revenue forecast on Friday as it struggles with material shortages, labor issues at factories and slump in sales in China…
Toms River Snow Forecast as Mayor Mo Hill interviews with NBC ahead of blizzard
TOMS RIVER, NJ – As Toms River prepares for an impending snowstorm, Mayor Maurice “Mo” Hill took time to be interviewed by Brian Thompson from NBC Channel 4 in New York, according…
Spanish economic growth at fastest in 20 years but misses govt forecast
By Nathan Allen MADRID – Spain’s economy expanded at its fastest pace in two decades last year but slowed down in the fourth quarter as public and private spending slipped amid soaring…
French business growth weakens by more than forecast in January – flash PMI
PARIS – French business growth dipped by more than forecast in January compared to December, according to initial estimates in a monthly survey, as the impact of COVID-19 and inflationary pressures weighed…
France’s Le Maire: reiterates forecast of 4% GDP French growth in 2022
PARIS – French Finance Minister Bruno Le Maire told France Info radio on Monday that he was sticking to his forecast of French economic growth of 4% in 2022, despite the rapid…
Weather Squad: Bronx High School of Science
News 12 Weather Squad: Meteor Mike and Weather Geoff headed to the Bronx High School of Science to learn about the relationship between Earth and space weather.…
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