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Mortgage rates surpass 7% for the first time this year
Fortune via Yahoo Finance· 8 hours agoEarlier this week at a policy forum, Federal Reserve Chair Jerome Powell seemed to put an end to...
The Case for High Interest Rates
The New Republic via Yahoo Finance· 18 hours agoIf the United States economy is an old Chuck Jones Warner Brothers cartoon—and who’s to say it isn’t?—then Federal Reserve Chairman Jerome Powell is Wile...
Why Nvidia (NVDA) Stock Is Trading Lower Today
StockStory via Yahoo Finance· 9 hours agoShares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 10% in the afternoon session after major indices declined with the Nasdaq down...
Fed Chair Jerome Powell Tempers Expectations on Rate Cuts - What’s News - WSJ Podcasts
The Wall Street Journal· 3 days agoJerome Powell: Right now, given the strength of the labor market and progress on inflation so far,...
Traders Are Cashing Out of Markets En Masse
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- The great market rally of 2024 looks dangerously close to unraveling as Wall Street’s once-invincible bull brigade begins to withdraw its...
Stocks Close Mixed After Bumpy Day; UnitedHealth Lifts Dow
Investor's Business Daily· 3 days agoEarlier in the day, Federal Reserve Chair Jerome Powell indicated a change of heart in timing on...
Top CDs Today, April 19, 2024 - New 1-Year CD Rate Takes the National Lead
Investopedia· 7 hours 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.
Powell and Bailey comments due later today
The Forex Market· 4 days agoEuropean markets slump after tech-led US declines. European markets have collapsed in early trade today, as they follow their US counterparts lower. Overnight data out of ...
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Associated Press via Yahoo Finance· 4 days agoAsian shares were trading mixed Wednesday, as expectations resurfaced that U.S. interest rates may...
US STOCKS-S&P, Nasdaq muted as bond yields rise; UnitedHealth boosts Dow
Reuters via Yahoo Finance· 4 days agoThe Nasdaq and the S&P 500 were muted on Tuesday as higher Treasury yields pressured equities, though the blue-chip Dow bucked the trend on robust results from health insurance heavyweight UnitedHealth ...