10 Financials Stocks With Whale Alerts In Today's Session

Benzinga13:35 ET

Monday Market Green Like the Irish, But for How Long: Live Stock News

Kevin TraversMar 17 10:55 ET

Economists warn that the probability of the USA falling into recession could be as high as 50%.

Wall Street believes that the likelihood of a recession in the USA is increasing, and some economists even estimate a 50% probability. JPMorgan's chief economist Bruce Kasman stated to reporters in Singapore last Wednesday that he now estimates the risk of a recession to be around 40%, up from about 30% at the beginning of the year. However, he added that if the reciprocal tariffs planned by President Trump (set to take effect on April 2) actually come into effect, the likelihood of a recession could rise to 50% or higher. Kasman stated: "If we continue down this more destructive, business-unfriendly policy path.

Global Market ReportMar 17 04:54 ET

Washington, D.C. in the USA is hit by a wave of layoffs due to Trump, economists warn that this may affect its overall economy.

According to government data, there are approximately 2.4 million federal employees in the USA (excluding military and postal system employees), of which 17% live in the Washington metropolitan area. As of now, the Trump administration has eliminated at least 103,452 federal employees nationwide (some layoffs are facing legal challenges). Economists point out that the number of first-time claims for unemployment benefits in Washington D.C. surged in February, possibly reflecting the loss of outsourced jobs. The Oxford Economics Institute predicts that federal positions in the Washington metropolitan area will decrease by 33,700 by 2025. Indeed economist Allison.

Global Market ReportMar 16 21:18 ET

Moody's Upgrades Greece to Investment Grade

WSJMar 14 18:35 ET

Moody's has upgraded Greece's long-term foreign debt rating to investment grade.

Moody's has upgraded Greece's long-term foreign debt rating from Ba1 to Baa3, the lowest level of investment grade; the outlook has been changed from positive to stable.

Global market report.Mar 14 18:00 ET