Tag: Economy

If you thought Costco (COST) was already expensive at $988 a share, Bank of America has some news for you. The bank reinstated coverage Monday with a Buy rating and a $1,185 price target, one of the more aggressive calls on the stock right now, arguing the warehouse giant still has 20 percent …

Australia economy picks up speed in Q4, stretches supply

I’ve been tracking J.P. Morgan’s oil calls for years, and this latest reset feels like the moment the bank fully leans into a “lower for longer, but jumpy” 2026. J.P. Morgan now expects Brent crude to average roughly the high‑$50s to $60 a barrel in 2026…

Italy misses 2025 deficit and debt targets in blow to PM Meloni

Bank of America just made one of the boldest silver price calls on Wall Street. Michael Widmer, the bank’s head of metals research, projects silver could reach anywhere between $135 and $309 per ounce before the end of 2026. The wide range is intentional. Both targets are anchored in historical …

Capital One (COF) could be preparing to transition several of its branded credit cards to the Discover Network, the latest step in the integration between the two consumer banking giants, which arose from Discover Financial Services’ (DFS) $35.3 billion acquisition last year. New benefits guides …

Analysis-AI boom will be no free pass for debt-laden major economies

Analysis-Under siege from politics, central bankers fight back – at a cost

JPMorgan just reset its long-term gold price target in a big way, while keeping its blockbuster $6,300 forecast for 2026 intact. The bank reiterated its year-end 2026 call of $6,300 per ounce. However, it also meaningfully raised its long-term gold forecast by 15% to $4,500. Clearly…

During years reporting on personal finance, I’ve written frequently that Social Security provides an important — though ideally not dominant — stream of income that helps cover essential expenses for Americans in retirement. And a key decision people face as they approach retirement is choosing the …