Does the Fed have the labor market all wrong?
The labor market just won't quit, but this could be another case of "good news is bad news" for the Federal Reserve.
2023-07-06 19:49
The Fed can't decide how much money US households have left
There's just one thing keeping the US economy afloat: You.
2023-07-05 19:53
The credit crunch is getting worse and bankruptcies are on the rise
The strength and resiliency of the US economy during the first half of the year defied the expectations of economists who largely expected the country to fall into recession.
2023-07-03 19:57
Why Wall Street is bullish on beaten-down energy stocks
Some investors are turning bullish on energy stocks, despite their disappointing performance this year and some major challenges facing Big Oil.
2023-06-30 19:48
The Fed is secretly stress testing the US economy against nightmare scenarios
Federal Reserve Chair Jerome Powell seemed uncharacteristically relaxed yesterday at the European Central Bank conference in Portugal. The Fed head shed his reading glasses and wore his shirt collar open with no tie as he cracked jokes alongside a panel of his central banking contemporaries.
2023-06-29 19:57
Extreme weather is hitting parts of the US. That's bad news for the economy
We've all heard Wall Street bigwigs compare the looming recession to gathering storm clouds, hurricanes, and heavy fog. But what happens when those weather events are no longer just analogies?
2023-06-27 19:56
Why it might be time to get optimistic about the stock market
It's hard to remain cheery as economic conditions go soft, stocks bounce around with whiplash-inducing volatility and inflation remains stickier than superglue.
2023-06-26 19:54
Recession obsession, AI boom and wild markets: What Wall Street can expect for the rest of 2023
The first half of 2023 has been a strange and volatile one for markets. Investors have had to contend with the possibility of recession and war in Europe, interest rate hikes (and pauses), sticky inflation and a softening US economy.
2023-06-22 19:58
401(k) plans have never been hotter. That's changing the stock market
More Americans than ever are saving for retirement and more Americans than ever are doing that by investing in 401(k) plans. That's affecting equities.
2023-06-21 19:53
Your boss has a plan to get you back to the office
The pandemic is over, yet Covid's effect on white-collar work remains: People love working from home, it turns out, and corporations have been unable (despite their best efforts) to get folks back in the office full time.
2023-06-20 19:49
Why the Fed paused its rate hikes: It's tired of playing a giant guessing game
After 10 consecutive interest rate hikes, Federal Reserve officials announced on Wednesday that they would pause their fight against inflation to figure out whether the US economy was fully absorbing all that harsh medicine.
2023-06-16 19:58
The AI boom is here. Is it too late to invest?
Wall Street has a lot to worry about -- recession and war in Europe, interest rate hikes, sticky inflation, and a softening US economy. But there's at least one sector of market euphoria keeping investors optimistic: artificial intelligence.
2023-06-12 19:52