For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession.
Americans on the cusp of retiring – a source of inventory for the nation’s housing markets – are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working.
Chair Jerome Powell on Tuesday underscored the Federal Reserve’s determination to keep raising interest rates until there is clear evidence inflation is steadily falling – a high-stakes effort that carries the risk of causing an eventual recession.
Stocks are rising Monday, trimming some of their worst monthly loss since the early days of the pandemic, as Wall Street closes a tumultuous January.
As Russell’s U.S. stock indexes go through their annual shakeup this month, two Connecticut banks could be dropped from the Russell 3000 index.
Stocks are pulling lower Friday, as Wall Street’s first reaction to President Donald Trump’s testing positive for the coronavirus was to retrench.
Stocks gave up most of an early surge on Wall Street and briefly dipped into the red a day after the market’s biggest drop since 2008.
With outbreaks now emerging in Italy, South Korea and Iran, and U.S. health officials warning Tuesday it’s inevitable COVID-19 will spread more widely in America, how prepared is the country?
Financial markets have become so in thrall to President Donald Trump’s tweets that JPMorgan has created an index to help identify how much volatility they’re creating.
Looking across the stock market, it’s hard to find a company that isn’t vulnerable in some degree to the U.S.-China trade war. Now, investors are also looking beyond these first-order effects as they pick out which stocks look susceptible to the trade war.
