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The Latest Breaking News from Ellen Zentner

S&P 500 Tops 7,000, Fed Pauses Rate Cuts: Stock Market Today

Investors, traders and speculators will probably have to wait until after Jerome Powell steps down for the next Fed rate cut.

Dow Rips 846 Points to New All-Time High: Stock Market Today

Dow Rips 846 Points to New All-Time High: Stock Market Today

Fed Chair Jerome Powell seems ready to cut interest rates in the fall but will still rely on incoming economic data about inflation and employment.

Dow Hits New Intraday High: Stock Market Today

Dow Hits New Intraday High: Stock Market Today

Value-hunters with big stakes in a particular component kept one of the main U.S. equity indexes in positive territory.

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July CPI Report Boosts Rate-Cut Odds: What the Experts Say

The July CPI report shows that tariffs are having a slight impact on inflation, though not enough to keep the Fed from cutting interest rates.

Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious

The Biden administration celebrated the surge in U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.

Women Chief US Economists Have Gotten Even Rarer on Wall Street

Only one primary dealer has a woman in the role, which is key to helping markets and the public make sense of current trends.

Federal Reserve warns of ‘pain’ ahead as inflation surges

The US central bank is expected to announce a sharp rise in interest rates on Wednesday in an attempt to tackle the cost of living crisis

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