A rebound in stocks sputtered as data showed US manufacturing approached stagnation amid a jump in prices. The S&P 500 erased gains, with a slide in megacaps like Nvidia Corp. and Microsoft Corp. also ...
The Federal Reserve’s key measure of inflation cooled slightly in January, giving investors a glimmer of hope for interest rate cuts.
Looking at more recent history, Kantrowitz noted that every correction from the late 1990s until 2018 "were all growth-driven market corrections." The two since 2022 have been rates-driven selloffs, ...
Finance ministers and central bank chiefs from the Group of 20 developed and developing nations have gathered in South Africa ...
Stocks got clobbered and bonds surged as another disappointing reading on the US consumer fueled concern about the health of ...
U.S. stocks ended slightly higher on Wednesday, despite the Federal Open Market Committee (FOMC) meeting minutes showed ...
U.S. stock index futures slipped on Wednesday as investors examined President Donald Trump's latest pronouncements on trade ...
Laurene Powell Jobs, the billionaire owner of The Atlantic, hosted "activists and left-leaning media members" last week to discuss "how the left’s well-funded digital media ecosystem failed in ...
WASHINGTON — America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions ...
And PCE is the one that Jerome Powell and the Fed look at. So in reality, the numbers are better,” said Andrew Brenner at NatAlliance Securities. U.S. rate futures have priced in a 97.5% ...
"The reaction to the reciprocal tariffs overnight was muted and suggests that investors have moved on, at least temporarily, ...
Federal Reserve Chair Jerome Powell said he believes some crypto debanking allegations are real. But he denied the Fed participated in alleged efforts to cut crypto out of the US banking system.
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