Jim Cramer Hates Being ‘Downbeat,’ But Warns: Default On Debt Would Affect Geopolitical Face Of US
Prominent market commentator Jim Cramer believes defaulting on the national debt could change the geopolitical face of the…
University of Michigan’s May Consumer Sentiment Forecast: Inflation Concerns Threaten Market Sectors
On Friday, May 12, at 10 a.m.
Unemployment Claims Rise, Highest Since October 2021: Signs Of Cracks In The Job Market
The number of Americans registering for unemployment benefits in the week ending May 6 rose by 22,000 to 264,000, above the expected 242,000, the U.S. Labor Department reported Thursday.
US Producer Prices Rise Less Than Expected In April, Cementing Hopes Of Fed Hold In June
The Producer Price Index (PPI) for final demand rose 0.2% month-over-month in April, rebounding after the revised 0.4% drop in March but coming in below the expected 0.3% increase, the U.S. Bureau of Labor Statistics reported Thursday.
Nasdaq, S&P 500 Futures Climb On Rate Optimism, Bond Yield Retreat: Analyst Disregards Debt-Ceiling ‘Political Football’
U.S. stocks have the potential to continue their positive momentum from the previous session, supported by recent inflation data.…
Jamie Dimon Reportedly Warns US Debt Default Could Cause Financial Panic
JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon reportedly said the congressional impasse over the U.S. debt ceiling…
Unraveling Treasury Yield Curve: 5 Charts Depicting Haywire Shifts In The Debt-Ceiling Crisis
The Treasury yield curve has witnessed substantial volatility in recent weeks as a result of multiple shocks, mostly related to Fed interest rate expectations, the dangers of a recession, and the consequences resulting from the debt-ceilin
5 Economists On April Inflation Data: CPI Number Has Experts Joining Fed Pause Bandwagon
The latest inflation report for April released Wednesday revealed the 10th consecutive decline in the annual CPI rate, which fell from 5% to 4.9%, falling short of expectations for a 5% reading.
CPI Reactions: S&P 500 Eyes Bull Market, Dollar Sinks, Treasuries And Gold Climb As Markets Embrace Potential Fed Pause
Market risk appetite soared on Wednesday, with the U.S.