News

US stocks were mixed on Friday as Wall Street tempered its rate-cut hopes amid economic data this week showing higher than expected wholesale inflation and a rise in July retail sales. Traders were ...
Earnings season is winding down but there are still a number of companies due to report, along with key economic data and events on both sides of the Atlantic – including the Jackson Hole Symposium.
The Fed Chair Powell is expected to stay hawkish at the Jackson Hole Symposium and fail to signal an interest rate cut in ...
Auto sales rose 1.6%. They appear to have returned roughly to normalized spending after a surge in March and April as Americans attempted to get ahead of Trump’s 25% duty on imported cars and parts ...
U.S. stocks are hanging around their record levels as Wall Street heads toward the finish of another winning week ...
In fact, Hatzius has spoken lovingly about printing money, aka quantitative easing, another reason for higher inflation ...
The Dow on Friday was on pace to hit its first record high of the year, reflecting steady optimism on Wall Street despite signs of underlying turbulence in the economy.
U.S. stock futures are mixed after a narrowly mixed close as investors trimmed expectations for a Fed rate cut on the heels of a hotter-than-expected inflation report.
July headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. The "core ...
The stock market cut losses but it wasn't enough to erase all of the early losses made on a hot inflation report.
A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...
U.S. stock futures were fluctuating on Friday following Thursday’s mixed moves. Futures of major benchmark indices were mixed ...