As the Federal Reserve evaluates its next move on short-term interest rates, it's essential to consider the recent shift in wage growth and inflation.
Gerry Sparrow
133 posts
The market's recent bounce may be a sign that the recession narrative has been put on hold, at least for now.
The recent drop in inflation was a significant event, with the core CPI rising just 0.16 percent, the lowest reading in more than two years.
The economy is slipping into an expansion rather than moving toward a recession, with the first quarter gross domestic product expanding at a 2% rate and the job market appearing in good shape.
Home builders' confidence edged into positive territory for the first time in 11 months, aided by strong demand, low inventory, and a recovering supply chain.
The term 'bull market' is often tossed around, but what does it really mean? In this article, we'll explore the definition and whether we're currently experiencing one.
Federal Reserve officials kept rates steady at last week's Federal Open Market Committee meeting, but a majority of committee members indicated at least two more quarter-point rate hikes were likely before year-end.
Juneteenth, also known as Emancipation Day or Freedom Day, is a day marking the emancipation of enslaved people in the United States. On June 19, 1865, Major General Gordon Granger arrived in Galveston, Texas, to proclaim the freedom of all enslaved individuals.
Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report.
Stocks rallied last week with growing confidence over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S.
The week got off to a quiet start as investors waited on April's two key inflation reports, but stocks broke out of their lethargy and moved higher after consumer prices rose less than forecasted.
The stock market slipped in the wake of the latest rate hike decision by the Federal Open Market Committee (FOMC), despite solid earnings from one mega-cap tech firm and a strong employment report.