The Latest Breaking News from US Federal Reserve

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.43%. On Friday, stocks posted modest losses on year-end...

2023 witnessed major business events, including the Fed's inflation battle and controversies like Bud Light's risky ad campaign.

The dollar index (DXY00 ) on Friday rose by +0.04%. Higher T-note yields on Friday supported modest gains in the dollar. Strength in the yuan limited gains in the dollar as the yuan climbed to a 6-3/4 month high against the dollar Friday. Also, expectations for the Fed to begin...

An inflation crisis is when the general price level of goods and services in an economy rises rapidly and uncontrollably. When inflation becomes a crisis, it often results in negative consequences for individuals, businesses, and the overall economy—2024 promises to be a tumultuous year. We will review some ETFs that…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.28%. Stocks this morning are moderately lower. Higher bond yields...

Stocks are drifting on the final trading day of a year of surprisingly robust gains for Wall Street

The banking sector has showcased commendable resilience and stability, defying the hurdles encountered at the beginning of 2023. Following a substantial resurgence in bank stocks, let’s examine whether investors should keep an eye on banking stocks Citigroup (C) and JPMorgan Chase (JPM) for 2024. Read on….

Fed Chair Jerome Powell may find himself in a situation similar to the late 1980s in the spring of 2024, triggering the first interest rate cut if the labor market weakens and unemployment rises.

Asian stocks opened cautiously on Friday, largely continuing an end-of-year rally that has been boosted by investors' expectations of a US Federal Reserve rate cut as early as March.

In this lively debate, former Dallas Fed official Daniel DiMartino Booth and Gary Kauppbaum discuss Congressman Ro Khanna's demand for the Fed to cut inter...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.05%. Stocks on Thursday settled mixed, with the S&P...