The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a substantial turnaround by regional manufacturing ...
The Singapore dollar was steady against its U.S. counterpart in the Asian session and could be supported by Fed rate-cut hopes.
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The forecast for unemployment is that it will rise slightly from its current rate of 4.2% to 4.3% by year-end of 2025. Thus, there is no expectation of a hard landing. However, if unemployment doesn’t ...
High interest rates and the rising cost of funding were already a top concern for CFOs. Now, that concern could grow ...
The yield curve has long been a closely watched indicator of economic health. When the yield curve inverts, meaning short-term interest rates ...
A prominent financial advisor has warned of an impending recession, partly triggered by the 'brutal impact of rising rates.' ...
The Dow Jones Industrial Average lost 696.75 points, or 1.63%, to close at 41,938.45. The S&P 500 slid 1.54% to 5,827.04, ...
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
The standard of living of the average American has to decline,” he said. “I don't think you can escape that.” These were the ...
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