‘Shark Tank’s’ Kevin O’Leary Says Rising Rates Are Killing Regional Banks: ‘We’ve Started To See The Cracks’
The Federal Reserve hiked the fed funds rate by 25 basis points to a 22-year high of 5.25%-5.50%…
Fed Rate Hike, Wall Street’s Regulatory Headwinds, BRICS Gold Currency Moves: Economic Highlights This Week
This week in the economic sector, we saw a range of developments, from predictions of a roaring economic…
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The Dow Breaks 13-Day Winning Streak, Fed Raises Interest Rates To 2001 Levels And AI Is The Buzzword For Big Tech Earnings: The Week In The Markets
The S&P 500 and other major indexes slid on Thursday but recovered on Friday to wrap up the…
PCE Report Signals Easing Inflation: Top Wall Street Economists Weigh In On Market Implications
The Federal Reserve’s favored inflation indicator, the Personal Consumption Expenditure (PCE) price index, saw a slight decrease in price pressures in June, easing investors’ concerns about a potentially destabilizing in
Fed’s Favored Inflation Gauge Cools To 2-Year Lows: Strong Spending Keeps Fed Rate Bets Steady
Inflation statistics keep pointing to a gradual decrease in price pressures across the economy. This is what emerges from the…
Why The Fed’s Interest Rate Hike Is So Historic For Your Financial Health
The Federal Reserve on Wednesday raised the federal funds rate by 25 basis points to 5.25%-5.5%, marking the…
Fed’s Preferred Measure Of Inflation In Focus: Implications Of June’s PCE Inflation Figure For September’s Interest Rate Decision
After the July Federal Reserve meeting, which resulted in a 0.25% rate hike to a range of 5.25-5.5%,…
ECB Hikes Interest Rates To Highest In 22 Years: Lagarde’s Dovish Tone Propels European Stocks To Levels Unseen Since 2007
The European Central Bank hiked its key interest rates by 25 basis points on Thursday, in a unanimous…
US Stocks Buckle Up For Solid Open On Meta’s Earnings Boost, Fed Relief — But Analyst Advises Some ‘Value-Style’ Rebalancing
Stocks could be heading to a higher open on Thursday, as traders digest some positive earnings reports and look ahead to another batch of economic data.
1987 Redux? Peter Schiff Rings Alarm Bells Amid Dow’s 13-Day Winning Streak: ‘We All Know How That Year Turned Out’
Noted economist and gold bull Peter Schiff noted that the Dow Industrial's 13-day winning streak is the longest since January 1987