The International Monetary Fund (IMF) is cutting its outlook for the world economy. Why? Earnings season kicking off this week. A top financial advisory firm tells us we may see earnings hit bottom this quarter before going back up. A Zillow economist says house flipping is not a good way to get rich quick, but other…
NTD Business (April 11): IMF Cuts Growth Outlook for World Economy; Earnings to Bottom This Quarter: Analyst
US Stocks Rise Following Solid Earnings Reports
Stocks on Wall Street closed broadly higher Wednesday as investors welcomed encouraging economic data and quarterly earnings reports from big companies including Starbucks. The S&P 500 rose 1.6 percent to an almost 2-month high, while the Nasdaq gained 2.6 percent. Both indexes more than recouped losses earlier in the week. The Dow Jones Industrial Average…
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