Fed interest rate cut expected, but you’ll have to wait a bit longer
This week’s Federal Reserve meeting probably won’t result in an interest rate cut, but it will likely lay the ground...
archivetag:Federal Reserve System
Stock market shrugs off Democrats’ switch from Biden to Harris
U.S. stocks were little moved by news President Joe Biden dropped his reelection bid and endorsed his vice president, Kamala...
How inflation is driving a Gen Z summer job surge
At 18, Michelle Chen covers her cell phone bills as well as school expenses. She squirrels away money for college....
Investors react to Biden pulling out of 2024 presidential race
NEW YORK — U.S. President Joe Biden endedhis reelection campaign on Sunday after fellow Democrats lost faith in his mental acuity and...
Dow closes at record high on hopes of Republican sweep in November
A green, not red, wave swept over the U.S. stock market on Monday as investors placed bets that not only...
Are immigrants helping save the economy or nudge inflation higher?
The surge into the U.S. of immigrants lacking permanent legal status has emerged as one of the most politically charged...
Should retirees trust bonds as a good investment in 2024?
Common wisdom dictates that as we steer our savings toward retirement, we should gradually bulk up on bonds.Bonds are supposed...
Federal Reserve’s Jerome Powell speaks on interest rates, inflation
Federal Reserve Chair Jerome Powell told Congress Tuesday the labor market "has cooled really significantly across so many measures," a...
206,000 jobs added last month
U.S. employers added 206,000 jobs in June as hiring held steady despite persistent inflation and high interest rates.But the employment...
Inflation lingers, but will interest rate change?
If you’re hoping for an interest rate cut from the Fed today, don’t hold your breath.Chances of a rate cut...
