Infrastructure Capital Advisors CEO Assesses March Market Opening
Infrastructure Capital Advisors CEO Jay Hatfield joined Cheddar News to discuss the state of the economy as markets open in March. He also provided some insight into which companies and sectors to keep an eye on.
Wall Street's major stock indexes closed mixed Tuesday, as more big companies delivered their financial results for the last three months of 2022 amid lingering concerns about a potential recession.
Inflation hit a 40-year high last year, and while inflation has slowed and even declined in recent months, consumers are still shelling out more than usual for their groceries.
3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted production volumes.
