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Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’
PYMNTS.com· 11 hours agoThe move went against the expectations of many economists who were anticipating a rate cut, but Fed...
No Rate Cuts Anytime Soon
InvestorPlace· 1 day agoToday, as was widely expected, the Federal Reserve held interest rates unchanged at the target level of 5.25% – 5.50%. While I usually watch the market...
America’s reckless borrowing is a danger to its economy—and the world’s
The Economist· 23 hours agoIf prudence is a virtue then America’s budget is an exercise in vice. Over the past 12 months the...
America’s fiscal outlook is disastrous, but forgotten
The Economist· 23 hours agoTwo years later the Republicans seized control of Congress for the first time in 40 years, with the first item in their “Contract with America” being a pledge to balance the budget. Bill Clinton ...
3 Gaming Stocks to Buy Despite Industry Challenges
Zacks via Yahoo Finance· 19 hours agoIn the past five years, the industry has traded as high as 22.43X and as low as 6.14X, with a median of 14.17X, as the chart below shows. Enterprise...
Jay Powell won't give in to the market's biggest fear: Morning Brief
Yahoo Finance via AOL· 23 hours agoAs interest rate cuts get pushed into the future, investors fear potential rate hikes. Fed Chair...
Fed's Preferred Inflation Gauge Outstrips Expectations: 'Rate Cuts Aren't Necessary For The Bull...
Benzinga· 7 days agoThe recent release of the Personal Consumption Expenditure (PCE) price index, a key metric favored...
Consumers Splurge on Services, Fixed Investment Surges, Imports Drag on GDP
Seeking Alpha· 7 days agoIn Q1 2024, consumers spent very vigorously on services at the fastest growth rate since 2021,...
Silver Steadied As Investors Continued To Assess The Fed's Monetary Path.
Investing.com· 4 days agoSilver Steadied As Investors Continued To Assess The Fed's Monetary Path.
Meta's AI spending tests Facebook's growth-first playbook
Yahoo Finance via AOL· 7 days agoBut even Zuckerberg acknowledged that Meta's AI development will be a larger undertaking than...