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    Business
    Delta and shortages trip up U.S. economy and spur Wall Street to chop GDP forecasts

    Delta and shortages trip up U.S. economy and spur Wall Street to chop GDP forecasts

    Delta worries, labor shortages and waning Washington incentives – that’s enough to scare the US economy this fall. A crowd of Wall Street forecasters have slashed their US growth targets after a poor US labor…

    Business
    Gold drops nearly 5% after Fed ups inflation forecasts but signals higher interest rates

    Gold drops nearly 5% after Fed ups inflation forecasts but signals higher interest rates

    Gold suffered its biggest one-day percentage decline of the year on Thursday as a restrictive turn by the Federal Reserve lifted the US dollar, pushing gold prices to their lowest levels in nearly seven weeks.…

    Business
    Oil Prices Near One-Month Highs Driven by Positive Demand Forecasts From IEA, OPEC

    Oil Prices Near One-Month Highs Driven by Positive Demand Forecasts From IEA, OPEC

    SECTOR COMMENTS: Energy stocks are expected to open higher as solid gains in stock futures more than offset a slight reversal from yesterday’s strong oil price gains. Stock indices that are just short of all-time…