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Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes; S&P 500 Rises
Investor's Business Daily· 48 minutes agoThe 12-month core inflation rate held at 2.8%, as expected. On an unrounded basis, the core PCE...
Weekly focus – Strong Euro area inflation in May
The Forex Market· 34 minutes agoThe historically strong labour market was visible in the euro area unemployment rate, which declined to an all-time low of 6.4% in April. The strong...
Stock market today: Sell-off continues as markets digest new data, brace for PCE
Business Insider via Yahoo Finance· 17 hours ago"The downward revision to economic growth as well as smaller downward revisions to inflation make...
What Labour isn’t telling you about tax
The Telegraph via Yahoo Finance· 9 hours agoHigher stamp duty rates for second homes or on the most expensive properties could be considered, he says, as well as a charge on banks. “Creating new...
Rates Climb for Home Loan Borrowers: Mortgage Rates for May 31, 2024
CNET· 2 hours agoA few major mortgage rates are moving up. Here's what to expect if you're in the market for a home...
Bonds are freaking out about inflation.
TheStreet via Yahoo Finance· 23 hours ago"This scenario would strengthen the case for a soft landing, provided the labor market and economy can hold steady." The massive supply wave, however,...
Fed officials see inflation falling, signal no rush to cut rates
Reuters via Yahoo Finance· 22 hours agoEL PASO, Texas/ NEW YORK (Reuters) -Federal Reserve policymakers continue to expect inflation to...
June Outlook: 3 Key Events to Eye as Investors Brace for No Rate Cuts in 2024 | Investing.com PH
Investing.com· 4 hours agoInvestor focus will be on the U.S. jobs report, CPI inflation data, and the Fed’s FOMC meeting. In...
Earnings call: Best Buy reports a drop in sales by 6.1% compared to last year By Investing.com
Investing.com· 19 hours agoBest Buy Co., Inc. (NYSE:BBY) reported a mixed first quarter with better-than-expected profitability...
Why Skilled Independent Workers Are Vital In A Tight U.S. Labor Market
Forbes· 1 day agoApril employment data from the Department of Labor was viewed by many economists as a “Goldilocks”...
