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Factbox-Brokerages lift S&P 500 target on hopes for soft landing, rate cuts By Reuters
Investing.com· 6 days agoFactbox-Brokerages lift S&P 500 target on hopes for soft landing, rate cuts
World Bank Raises Global Economic Forecast, Citing U.S. Strength
US News & World Report· 7 days agoThe global economy is poised to do better in 2024 than earlier thought, approaching the “soft landing” dreamed of by economists where growth continues and a recession is avoided ...
Retail Sales, Housing Data on Tap in Holiday-Shortened Week
US News & World Report· 21 hours agoAfter a week with two positive reports on inflation and a signal from the Federal Reserve that an interest rate cut is likely this year, the markets and economy will take ...
Wall Street’s new top S&P target is 6,000 — here’s why.’
Market Watch· 23 hours agoAI exuberance can last longer than many reckon, lifting S&P 500 earnings multiples
Power Demand Expected to Double by 2040 Thanks to AI and EVs, California Utility Says
Bloomberg via Yahoo Finance· 4 days ago...California’s biggest utility sees power demand doubling by 2040, driven by artificial...
When Will Interest Rates Fall? Fed Holds Rates Steady—And Signals Just One Cut This Year
Forbes· 6 days agoThe Federal Reserve expects to lower interest rates just one time this year, it indicated Wednesday...
Why Older Voters Could Swing the Election - What’s News - WSJ Podcasts
The Wall Street Journal· 23 hours agoLuke Vargas: Beijing's property sector interventions have yet to spark a much needed turnaround. Rebecca Feng: Ultimately, these policies are basically supposed to mop up excessive demand and persuade home buyers to basically reenter the market.
Sales tax holiday set for Aug. 10 and 11 - The Boston Globe
The Boston Globe· 4 days agoThe rapidly rising cost of GLP-1 weight loss drugs is starting to weigh on policymakers in...
How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 6 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed mortgage rates. At its June 2024 meeting ...
Should Banks Be Crime Fighters? The Hidden (and Not So Hidden) Costs
CoinDesk via Yahoo Finance· 6 days agoPointlessly onerous anti-money laundering rules lead to debanking of individuals and even entire...