Federal Reserve Archives - Page 92 of 180

3 minute read

‘Some Senate Democrats Urge Biden To Prepare To Invoke The 14th Amendment To Tackle The Debt Limit’ – NBC News

May 17, 3:23 PM

https://www.nbcnews.com/politics/congress/senate-democrats-urge-biden-prepare-invoke-14th-amendment-lift-debt-li-rcna84935 Some Senate Democrats are circulating a letter urging President Joe Biden to prepare

SPY

2 minute read

US Dollar Hits 5-Week Peak As Debt Ceiling Concerns Drive Treasury Yields Upwards

By Piero Cingari

May 17, 9:18 AM

The U.S. dollar has risen to its highest level in more than five weeks, with the U.S.

USDU

3 minute read

US Stocks Poised To Open Higher, With Housing Data, More Retail Earnings In Sight

By Shanthi Rexaline

May 17, 7:05 AM

Cautious optimism is likely to return to the market on Wednesday after the sell-off seen on Tuesday amid…

CFG

2 minute read

Pessimism Reigns Supreme Among Fund Managers: Bank of America Survey Reveals 5 ‘Contrarian’ Trades To Watch

By Piero Cingari

May 16, 5:29 PM

A survey conducted by Bank of America Corp. revealed fund managers' pessimism reached the highest level in 2023 as investors increased cash balances and became more pessimistic about growth.

IUSV

2 minute read

Homebuilder Confidence On The Rise As Housing Market Index Beats Expectations In May

By AJ Fabino

May 16, 11:35 AM

In the midst of a stretched housing market, the U.S. NAHB/Wells Fargo Housing Market Index (HMI) saw a…

KBH

1 minute read

Fox Business Reporter Tweets “(1/5) Schumer On Debt Ceiling Talks: We Talked Through The Weekend. We Talked Yesterday. And Both Sides, The Staffs That Is, Are Talking Today As Well….”

By Happy Mohamed

May 16, 11:26 AM

https://twitter.com/ChadPergram/status/1658493168206135297 1) Schumer on debt ceiling talks: We talked through the weekend. We talked yesterday. And both sides, the staffs that is, are talking today as well. 2)

SPY

2 minute read

Fed Officials Curb Investor Enthusiasm, Caution Against Anticipated Rate Cuts

By Piero Cingari

May 16, 10:57 AM

Recent statements from Fed members have been more hawkish than expected, dampening the market's enthusiasm for a rate-cutting cycle to begin later this year.

UUP