The Federal Reserve is seen as likely to pencil in two cuts over its last four meetings this year, which would keep the door open for a September move.
The S&P 500 and Nasdaq Composite marched to record highs on Tuesday — their 27th and 15th of 2024, respectively. But beneath the surface, signs of weakness proliferated.
Entrepreneurship is nothing short of a civic religion in America, and so it’s no wonder that President Joe Biden’s administration is loudly touting a recent surge in the formation of new businesses ahead of November’s election.
Umicore said it expects sales of its battery metals could be “equal or lower” than last year due to a “sharp slowdown in the growth of demand for EVs.”