What that means for you
The Federal Reserve is expected to lower interest rates by another quarter point at the end of its two-day meeting on Dec. 18. That…
There’s an important jobs report coming Friday. Here’s what to expect
A pedestrian walks by a ‘hiring now’ sign in front of a U-Haul store on December 03, 2024 in San…
Applying this rule is the secret to guilt-free shopping, expert says
Shoppers carry their purchases on Black Friday in New York City on November 29, 2024. Adam Gray | AFP |…
Homebuyer demand for mortgages jumps 12% after interest rate drop
The Good Brigade | Digitalvision | Getty Images Mortgage rates dropped last week, and homebuyers jumped off the fence. They…
Millennials will spend big this holiday season, TransUnion finds
Parents tend to splurge on their children during the holidays. This year, 63% of millennials, many of whom now have…
Protecting your portfolio against risks tied to Trump’s tariff plan
Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the…
Markets are grappling with effect of Trump’s win, how Fed will react
Investors thought they had the whole “Trump Trade” figured out, until, unfortunately, they didn’t. Stocks and other risky assets rallied…
Morgan Stanley CEO says the era of zero interest rates and inflation ‘is over’
Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26,…
I just bought a used car for my teen driver. Here’s what I learned
When I was a teenager, I bought my first car. It was a Toyota Tercel with a few hundred miles…
European Central Bank policymakers split on the need for big rate cuts
Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in…
Bank of Korea cuts interest rates after holding for almost two years
Pedestrians crossing a road in front of the Bank of Korea headquarters in Seoul on July 13, 2022. South Korean…
Fed rate cuts should favor preferred stocks, Virtus fund manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…
China central bank tells lenders to cut rates on existing mortgages
The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing…
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because…
The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…
Fed cuts interest rates by a half point
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
It’s a big week for central bank rate decisions
Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves’ William…
India can achieve sustainable growth of up to 8%, RBI chief says
Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp |…
Strong case for 50 basis point cut
Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest…
European Central Bank rate decision in focus ahead of Fed meeting
European markets open sharply higher ahead of ECB rate decision European markets opened sharply higher on Thursday, as investors keenly…
Treasury yields rise as traders weigh new U.S. inflation data
Treasury yields gained on Wednesday as Wall Street assessed a mixed consumer price index report and its implications for the…
CPI inflation report August 2024:
Prices increased as expected in August while the annual inflation rate declined to its lowest level since February 2021, according…
2 big tests ahead will determine if last week’s stock market excitement was warranted
Wall Street takes back-to-back weekly gains and an overbought market into an important week featuring Nvidia earnings and the latest…
How a week’s huge economic news will affect the Fed’s decision-making
The past week’s data deluge left behind a few distinct impressions: Inflation is on the run, the labor market appears…
Bear market is likely coming in 2025, warns veteran investor David Roche
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington,…
Harris responds to Trump Fed comments; prepares economic policy plan
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two…
Here are all the reasons why Monday’s major market wreck is happening
Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. …
Here’s what a ‘buffalo’ market means for investors
The Charging Bull in the Financial District in New York City. Mairo Cinquetti | Nurphoto | Getty Images After weeks…
What recent small cap rally says about risk
The money flow into small caps may not be a rotation from winning growth trades. Dave Nadig, ETF journalist and…
Why more Americans are struggling even as inflation cools
Inflation is slowing down, but prices are still high — and likely to stay that way. That’s generally considered good…
Chance of Biden dropping out of presidental race is 40%, Stifel says
There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…
FOMC not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve Chair Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market…
Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting
U.S. Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the…
Big Fed inflation reading coming Friday. Here’s what to expect
People purchase beverages in a store on a sweltering afternoon in Brooklyn, New York, on the first day of summer…
Kyla Scanlon on Gen Z’s divided investing attitudes
Economic commentator Kyla Scanlon is noticing a potentially worrying trend in the investing outlook among younger generations. “It’s a bifurcated…
stocks, news, Bank of England rate decision
Commuters crossing a junction near the Bank of England (BOE), left, in the City of London, UK, on Wednesday, May…
Immigrants help keep job growth high as inflation cools
U.S. President Joe Biden greets members of the U.S. Border Patrol at the U.S.-Mexico border in Brownsville, Texas, U.S., February…
Taylor Swift’s London Eras Tour could delay Bank of England rate cut
Taylor Swift performs on stage during during “Taylor Swift | The Eras Tour” at Anfield on June 13, 2024 in…
Why competition in the housing market is cooling off
Goodboy Picture Company | E+ | Getty Images More homeowners are listing their homes for sale — but properties are…
Market backs off on hopes for interest rate cuts following strong jobs report
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New…
Buy now, pay later loans are second only to credit cards in popularity
Woman at home looking at the bills and taxes. Hirurg | E+ | Getty Images As buy now, pay later…
Time is ‘ripe’ to cut rates next week: European Central Bank’s Rehn
Two key European Central Bank figures on Monday threw their weight behind the prospect of an interest rate cut next…
The Fed probably won’t deliver any interest rate cuts this summer
Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New…
Fed officials seem to have ‘no idea’ about inflation, strategist says
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie…
Walmart bubble due to high-income grocery spending, warns Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…
It’s time to lock in higher yields and move cash into bonds
Investors with cash on the sidelines may want to start moving some of that money into bonds, according to a…
Live updates on May Fed rate decision
Powell says he wants shrinking of balance sheet to be smooth Federal Reserve Chair Jerome Powell stressed that the move…
How mortgage rates have influenced the spring housing market
Vitapix | E+ | Getty Images Rates will keep ‘buyers and sellers on their toes’ “The biggest thing when we’re…