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…
IMF slashes 2024 Argentina GDP growth forecast, weighs on regional view
NEW YORK (Reuters) – The International Monetary Fund slashed its 2024 economic growth projection for Argentina to a 2.8% contraction from a 2.8% expansion, dimming its view on output growth in Latin…
IMF revises up Asia’s growth forecast, warns of China risk
By Leika Kihara TOKYO (Reuters) – The International Monetary Fund (IMF) on Tuesday projected emerging Asian economies would expand 5.2% this year, slowing from 2023 but revised up from its forecast three…
US Treasury to borrow $760 billion in Q1, lower than forecast
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury on Monday said it expects to borrow $760 billion in the first quarter, $55 billion below the October estimate primarily due to…
Thai export growth misses forecast in Dec, small rise seen in 2024
BANGKOK (Reuters) – Thailand’s exports rose for a fifth straight month in December but at a slower pace and less than analysts’ forecasts, and the commerce ministry said on Friday that it…
Southwest Airlines removes MAX 7 from 2024 plans, cuts delivery forecast from Boeing
By Abhijith Ganapavaram (Reuters) – Southwest Airlines said on Thursday it was expecting to take fewer deliveries of Boeing’s 737 MAX aircraft and it had left out the MAX 7 model, which…
BOJ keeps ultra-loose policy intact, cuts inflation forecast
TOKYO (Reuters) – The Bank of Japan on Tuesday kept ultra-low interest rates intact in a widely expected move, as it awaits more data on whether wage growth will accelerate enough to…
Super Micro Computer shares surge as AI server demand powers big forecast raise
By Akash Sriram (Reuters) – Shares of Super Micro Computer jumped about 25% to a record high on Friday after the company projected quarterly results well above its current estimates due to…
Toms River School District to Open Late on January 16 Due to Weather Forecast
TOMS RIVER, NJ – The Toms River School District has announced a 90-minute delayed opening for Tuesday, January 16, 2024, in response to the forecasted weather conditions. Students, parents, and staff are…
Goldman Sachs raises 2024 GDP growth forecast to 2.3%
(Reuters) – Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier. “We expect much stronger GDP growth in 2024 than consensus and see a much lower…
Flood Watch Issued for Paterson Amid Heavy Rain Forecast
PATERSON, NJ – A flood watch is in effect from 10:00 p.m. today to 10:00 a.m. tomorrow for Paterson and Northeast New Jersey. The National Weather Service predicts one to two inches…
BOJ seen sticking to forecast of inflation staying near target, sources say
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is expected this month to broadly maintain its projection that trend inflation will stay near its 2% target in coming years, despite…
Twilio taps insider Shipchandler as CEO, expects revenue to exceed forecast
(Reuters) – Twilio said on Monday it has appointed insider Khozema Shipchandler as the new CEO and expects its fourth-quarter revenue to be above the top-end of its earlier forecast range, sending…
Abercrombie & Fitch lifts holiday sales forecast on robust demand
(Reuters) -Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday shopping period. The company and Lululemon…
Citrus County Opens Cold Weather Shelter in Homosassa Amid Chilly Forecast
HOMOSASSA, FL – The Citrus Cold Weather Shelter in Homosassa opened its doors tonight in response to the expected drop in temperatures to 39 degrees. Located at the Nature Coast Community Church…
Heavy Morning Fog Followed by Rain in Soggy Wednesday Forecast for New Jersey
Residents across southern and central New Jersey should prepare for a wet and foggy day. Showers are expected before noon, turning into steady rain in the afternoon. Along with the rain, patchy…
Goldman Sachs sees S&P 500 hitting 5,100 in 2024, boosting forecast
By David Randall NEW YORK (Reuters) – Goldman Sachs raised its 2024 S&P 500 target by 8% to 5,100, forecasting a tailwind for U.S. stocks from falling inflation and declining interest rates.…
Goldman cuts 2024 Brent price forecast on strong US supply
(Reuters) – Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, saying strong production from the United States would moderate any…
Bank of Italy cuts 2024 GDP forecast to 0.6%, sees inflation below 2%
ROME (Reuters) – The Italian economy will grow by just 0.6% next year, the country’s central bank said on Friday, cutting a previous forecast of 0.8% made two months ago and citing…
Japan Nov CPI forecast to slow down as energy costs ease: Reuters poll
TOKYO (Reuters) – Japan’s core consumer inflation was expected to ease in November, slowing down to the level seen in mid-2022, partly as energy price gains weakened, a Reuters poll showed on…
German institutes cut 2024 GDP forecast on uncertainty
BERLIN (Reuters) – Three leading German economic institutes cut their 2024 economic growth forecasts on Thursday, saying consumer and company uncertainty, exacerbated by a weeks-long government budget crisis, was delaying recovery. The…
Dollarama lifts sales forecast on steady demand for discounted goods
(Reuters) -Dollarama lifted its annual sales forecast on Wednesday, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to discount stores. Consumers grappling with high interest rates…
Southwest Airlines raises fuel cost forecast for fourth quarter
(Reuters) -Southwest Airlines on Wednesday raised its forecast for fourth-quarter fuel costs, sending its shares down 1.4% in premarket trading. The carrier, however, expects unit revenue for the quarter to improve to…
Air NZ sees first-half earnings at lower end of forecast
By Echha Jain (Reuters) – Air New Zealand said on Wednesday it expects its first-half earnings to be at the lower end of its forecast, due to weak travel demand and increased…
Health insurer Centene raises 2024 profit forecast
By Khushi Mandowara (Reuters) -U.S. health insurer Centene Corp on Tuesday raised its 2024 adjusted profit forecast, bringing it broadly in line with Wall Street expectations, mainly due to higher premiums and…
Oracle tumbles as tepid forecast fans cloud growth concerns
(Reuters) – Oracle shares fell 9% in premarket trading on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over the pace of growth at the business…
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