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Here are the 'micro pockets' of deflation in May 2024 — in one chart
CNBC· 12 hours agoWhereas inflation is a measure of how quickly consumer prices are rising, deflation is the opposite:...
The U.S. added 500,000 new millionaires last year as AI fueled markets
CNBC· 7 days agoThe U.S. far outpaced the rest of the world in minting millionaires last year, adding 500,000 new...
Large-Cap Value Stocks Will Power the Market Rally From Here, This Strategist Says
Barrons.com· 23 hours agoAll the more reason for investors to increase their exposure to value stocks in cyclical industries,...
Fed’s rate-cut path in 2024 is a ‘very close call’ as market awaits Powell’s guidance
MarketWatch via Yahoo Finance· 2 days agoAll eyes will be on Federal Reserve Chair Jerome Powell on Wednesday afternoon, after investors get...
Biden taps new FDIC chief after sexual harassment scandal
The Hill· 11 hours agoCorporation (FDIC), tapping her to replace current FDIC Chair Martin Gruenberg amid a toxic...
Gen Z isn't scared of a recession — but everyone else is
Quartz· 2 days agoYounger Americans aren’t too worried about the prospect of a recession. Of all the generations, Gen...
Canadian Media Giants Play Musical Chairs With Popular U.S. Brands Amid Streaming Competition
The Hollywood Reporter via Yahoo News· 2 days agoLooking beyond the glitz of Canadian broadcasters rolling out their latest new and returning U.S....
U.S. stocks weaken as investors fret ahead of Fed meeting, CPI data
Investing.com· 3 days agoU.S. stocks slipped lower Tuesday, with investors cautious at the start of the latest Federal...
The Federal Reserve’s latest dot plot, explained – and what it says about interest rates
Bankrate via Yahoo Finance· 1 day agoThe further out into the future officials go, the harder it also becomes for them to predict what’s...
The number of Americans filing for jobless benefits jumps to the highest level in 10 months
Associated Press Finance via Yahoo Finance· 16 hours agoThe number of Americans filing for jobless benefits jumped to the highest level in 10 months last...