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The US economy may be barrelling towards stagflation, an outcome worse than recession
Business Insider via Yahoo Finance· 5 days agoUS Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images The first-quarter GDP...
Mexican Peso slumps as Q1 GDP disappoints, US Dollar strengthens
The Forex Market· 30 minutes agoStronger-than-expected US Employment Cost Index bolsters US Dollar, diminishing prospect for...
US consumer confidence hits lowest level since July 2022
Yahoo Finance· 4 hours ago"The hot inflation readings through March should write off any rate cuts in the first half of 2024,"...
Stock futures fall on disappointing earnings and inflation data before Fed decision: Live updates
CNBC· 21 hours agoStock futures traded into the red Tuesday after some higher-than-expected wage data raised fresh...
US STOCKS-Wall St falls on hot labor costs data, caution before Fed verdict
Reuters via Yahoo Finance· 4 hours agoU.S. labor costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate ...
Wall Street and FTSE higher as traders look to Fed rate decision
Yahoo Finance UK· 1 day agoFederal Reserve chair Jerome Powell. Wall Street and FTSE were higher on Monday. Jose Luis Magana,...
Top CDs Today, April 19, 2024 - New 1-Year CD Rate Takes the National Lead
Investopedia· 4 days agoTo combat decades-high inflation, the Federal Reserve aggressively hiked the federal funds rate between March 2022 and July 2023, raising the benchmark rate to its highest level in 22 years.
US STOCKS-Futures drift lower as focus turns to upcoming Fed meet
Reuters via Yahoo Finance· 8 hours agoThe Federal Reserve Open Market Committee (FOMC) will commence its two-day meeting later in the day, with markets focused on the interest rate verdict and Chair Jerome ...
Affluent Americans are driving US economy and likely delaying need for Fed rate cuts
The Beatrice Daily Sun· 1 hour agoOlder Americans are benefiting from outsize gains in the stock and housing markets over the past several years, and much of their spending is going toward higher-priced services like travel ...
The Fed will be the main event in the week ahead that includes a jobs report, more tech earnings
CNBC· 4 days agoThe Federal Reserve's latest policy announcement will be the main event for investors in the week...