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Stock Market News for May 16, 2024
Zacks via Yahoo Finance· 4 hours agoU.S. stocks closed higher on Wednesday as investors digested economic data, which showed Federal Reserve Chair Jerome Powell's cautious stance,...
Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates
The Wall Street Journal· 2 days agoFederal Reserve Chair Jerome Powell affirmed the central bank’s plans to hold interest rates at the...
3 Sector ETFs to Play on Renewed Fed Rate Cut Hopes
Zacks via Yahoo Finance· 4 hours agoIn April, inflationary pressures showed signs of easing, with the Consumer Price Index on a "core" basis rising 3.6% year over year, in line with...
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
NBC Universal via AOL· 2 days agoFederal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than...
Long-term mortgage rates retreat for second straight week, US average at 7.02%
Houston Chronicle· 42 minutes agoThe average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some...
Jerome Powell urges patience on rate cuts after key inflation index higher than expected
New York Post· 2 days agoFederal Reserve Chair Jerome Powell admitted Tuesday inflation was falling more slowly than expected...
Markets Boomed on Inflation Data but Fed Rate Cuts Remain Complicated, Here’s Why. And 5 Other...
Barrons.com· 6 hours agoFEATURE Stocks rallied on Wednesday after the consumer price index showed inflation slowing....
Trump hush money trial recap: Michael Cohen faces cross-examination | The Excerpt
USA Today· 23 hours agoUSA TODAY Senior Campaign Reporter Sarah D. Wire discusses how some in the GOP are already raising...
Prices Rise 3.4 Percent in April, an Improvement From March, as Inflation Lingers Far Above Fed’s...
The New York Sun· 4 hours agoPrices rose 0.3 percent between March and April, the Labor Department said Wednesday, down slightly...
As bad as you may think the economy is now, it’s nowhere near the 1970s
CNN Business via Yahoo Finance· 7 hours agoWhen new gross domestic product figures last month showed US economic growth slowed from recent...