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New retail sales data show a fading consumer
Axios· 3 days agoWhy it matters: This might be the type of cooldown the Fed has longed for in its fight against inflation. Driving the news: The latest retail sales...
First-Half Wrap: The AI Boom, Robust Earnings, Auto Sales on Tap
Guru Focus· 1 day ago2023 ended with a string of better-than-expected inflation reports, much to the delight of Chairman ...
The Fed Is Muddling Its Message
Barrons.com· 4 days agoBoth the Bank of Canada and the European Central Bank lowered rates by 25 basis points this month. (A basis point is one-hundredth of a percent.) The...
FTSE 100 and European equities snap losing streak as US stocks near record highs
Yahoo Finance UK· 5 days agoStocks in the US have been wracked with uncertainty following a signal from the Federal Reserve that...
Today's Fed Speeches Should Shed Some Light on Rate-Cut Plans
Barrons.com· 4 days agoThe Fed’s policy-making body voted on June 12 to hold interest rates steady, while officials’...
The Fed Needs to Cut Rates Eventually Amid This Economic Slowdown. Here’s Why, and 4 Other Things to...
Barrons.com· 2 days agoNvidia’s fight to remain the world’s most valuable company begins, disappointing retail sales raise...
Best CD rates today: Hello summer and sunny savings with APYs of up to 5.40% — June 20, 2024
AOL· 1 day agoWhen asked at a post-meeting press conference whether new inflation data changes the timeline on...
The Fed's Latest Interest Rate Decision Could Affect a Housing Market Near 'Breaking Point'
San Francisco Chronicle· 6 days agoAs expected, the Fed on Wednesday left the federal funds rate unchanged at a target range of 5.25%...
Gateway - Quartz
Quartz· 3 days agoSenator Elizabeth Warren alleges that Federal Reserve Chair Jerome Powell is doing the bidding of the banking industry by advocating for “slashing” capital ...
5 Fidelity Mutual Funds to Buy for Long-Term Gains
Zacks· 19 hours agoThis year, major U.S. indexes like the S&P 500, the Nasdaq Composite and the Dow Jones Industrial Average have given investors positive returns of 14.8%,...