Does it matter to stocks whether the Federal Reserve hikes or pauses rates in September?
After the Federal Reserve raised interest rates in July to the highest level in 22 years, Wall Street's focus is on whether September will bring another rate hike.
2023-08-14 19:23
Don't be fooled by rising consumer price data, take a peek behind the numbers
US consumer prices rose 3.2% for the 12 months ending in July, according to the latest Consumer Price Index, which landed Thursday. That compares to 3% in June.
2023-08-11 19:45
It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:16
What does Moody's downgrade mean for markets?
Moody's on Monday evening downgraded 10 US banks and put the credit ratings of six others on review, an indication that the agency could also eventually downgrade those institutions.
2023-08-09 19:49
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:24
Not everyone is convinced the US will avoid a recession
The case for no US recession is building, but some on Wall Street are cautioning against getting overconfident.
2023-08-07 19:23
Oil prices are up 20% and energy stocks are rebounding
Energy stocks are making a comeback after being left for dead earlier this year.
2023-08-04 19:57
America's credit rating got downgraded again. Here's what happened the last time
Fitch Ratings downgraded US long-term debt late on Tuesday from AAA to AA+, citing this spring's debt ceiling standoff as a major reason.
2023-08-02 19:48
Stocks are having their best run since 2021. Can they beat the August doldrums?
US markets just wrapped up a winning July, with the S&P 500 and Nasdaq both notching their fifth positive month in a row.
2023-08-01 19:54
Middle-income Americans think prosperity is within reach
It's a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that's been exacerbated by the Federal Reserve's continued efforts to raise interest rates.
2023-07-31 19:54
Why is the US dollar losing its shine?
The US dollar's decline has gained speed this month as investors pare back their interest rate expectations.
2023-07-28 19:25
Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
2023-07-27 19:56