A resilient job market, healthy economic growth, and high consumer demand point to an economy that’s in “an incredibly strong position,” explains PIMCO economist Tiffany Wilding. At the same time, ...
U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in ...
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.
US inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
Global shares are trading mixed, as investors found bargains despite worries about President Donald Trump’s tariffs.
With the 14-day Relative Strength Index (RSI) at 74.19, the DAX remains in overbought territory (RSI higher than 70). Selling pressure may increase at Monday’s record high of 20,955. Rate cut ...
Interest rates are one of the things Wall Street cares most about because lower rates can lead to higher prices for stocks ...
The S&P 500 ( ^GSPC) moved almost 1% lower, while the tech-heavy Nasdaq Composite ( ^IXIC) slid around 1.4%, both finishing their second week of consecutive losses. The Dow Jones Industrial Average ( ...
The ECB on Thursday decided to lower key interest rates by 25 basis points ... with the Standard and Poor's 500 and Nasdaq Composite ...
While the 25bps interest rate cut by the Reserve Bank, taking the repo rate to 7.50% (from 7.75%), and the prime rate to 11% (from 11.25%), is welcome news for the economy and property market ...