Malaysia’s January CPI up 2.3%, below forecast
Feb 24 – Malaysia’s consumer prices in January rose 2.3% from a year earlier, below forecast, government data showed on Thursday. January’s consumer price index (CPI) was …
forecast
French business activity grew more strongly than forecast in Feb -PMI
PARIS – French business activity grew more strongly than forecast in February, according to a monthly survey, helped by an improvement in the country’s COVID-19 …
Factbox-What global banks forecast for Fed rate hikes in 2022
– Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
Factbox-What global banks forecast for Fed rate hikes in 2022
– Major investment banks have pencilled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
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, …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …