Will Friday’s PCE Inflation Release Raise Traders’ Bets of Further Fed Rate Hikes?
The personal consumption expenditure (PCE) price index, the Federal Reserve's favored gauge of inflation, will be announced on Friday, May 26.
Default X-Date Looms, Intensifying Debt Ceiling Discussions: McCarthy Says Not ‘Everybody Is Going To Be Happy’
House Speaker Kevin McCarthy said on Thursday that debt ceiling negotiators "made some progress," but open issues remain.
Unemployment Claims Fall Short Of Expectations Signaling Tight Job Market; Q1 GDP And Core PCE Revised Higher
The U.S. job market continues to display strength and durability, while both the U.S.
Stocks Sell Off Post-FOMC Minutes: Traders Anticipate June Fed Pause, July’s Hike Uncertain
Wednesday was a risk-off session in markets, with stocks resuming their downtrend following the publication of the May FOMC meeting minutes.
Benzinga Names Roundhill A ‘Heavy Hitter’ Award Recipient At Inaugural Titans Sports Betting Event
A leading fantasy sports and sports betting ETF has been honored with the “Heavy Hitter” award from Benzinga at the first ever Titans Sports Betting conference.
Fed May Not Be Done Hiking Interest Rates, Missing the Debt Ceiling Deadline Will Cause Disruptions: FOMC Minutes
The minutes of the May 2-3 FOMC meeting revealed uncertainty about how much more policy tightening may be appropriate, with some FOMC participants warning that a failure to raise the federal debt limit in a timely manner will threaten significant financial system disruptions and lead to
Debt Ceiling Negotiations At A Crossroads: 168 Hours Left Before US Government Runs Out Of Money
The United States has approximately 168 hours, or exactly one week, until it may be unable to pay its debts if debt ceiling negotiations do not produce a breakthrough.
European Stocks Slip As UK Inflation Accelerates, Central Bankers Remain Hawkish
Negative news flows are trickling out of Europe ahead of Wall Street's opening bell on Wednesday.
All European stock indices traded deeply in the red, as investors panicked after a fresh acceleration of inflation in the U.K. and a deadlock in U.S. debt limit discussions.
Wall Street’s Irony? One Of The Oldest AI-Powered ETFs Fails To Capitalize On AI-Driven Market Rally
One of the oldest artificial intelligence-powered exchange-traded funds, the AI-Powered Equity ETF (NYSE:AIEQ), is currently lagging behind the…
What’s Driving Regional Bank Stocks Tuesday? SPDR S&P Regional Banking ETF Tests Key Resistance Amid Bullish Reversal Signals
Regional bank stocks have enjoyed positive price momentum as concerns about the industry's survival and anxiety about deposit withdrawals have abated.