(Bloomberg) — Traders increased their bets on further easing of monetary policy by the Federal Reserve, and the dollar weakened slightly after the Federal Reserve cut interest rates by half a percentage point for the first time in four years. Most read by Bloomberg This ended weeks of speculation about whether the Fed would begin […]
Based on new consumer price data, the US Federal Reserve is expected to continue its quarter-percentage-point interest rate cut next Wednesday. However, some people on Wall Street who had hoped for a half-percentage-point cut were disappointed. The core consumer price index, excluding volatile food and energy prices – a measure the Fed prefers to focus […]
The US economy created fewer jobs than expected in August, while the unemployment rate fell slightly. Data from the Bureau of Labor Statistics released Friday showed that the labor market added 142,000 nonfarm jobs in August, less than the 165,000 economists had expected. At the same time, the unemployment rate fell to 4.2% from 4.3% […]
The US economy created fewer jobs than expected in August, while the unemployment rate fell slightly. Data from the Bureau of Labor Statistics released Friday showed that the labor market added 142,000 nonfarm jobs in August, less than the 165,000 economists had expected. At the same time, the unemployment rate fell to 4.2% from 4.3% […]
After a month of volatile market movements, the S&P 500 (^GSPC) recorded its fourth consecutive month of gains at the end of August. For the month, the S&P 500 gained nearly 2.3%, while the Dow Jones Industrial Average (^DJI) gained nearly 1.8% to hit an all-time high. The Nasdaq Composite (^IXIC), meanwhile, gained more than […]
U.S. stocks fell on Tuesday, marking a historically difficult month for markets, with AI darling Nvidia (NVDA) and chip stocks dragging tech stocks lower. Meanwhile, attention turned to a week of economic and labor market data, led by a key monthly jobs report. The Dow Jones Industrial Average (^DJI) lost 1%, or more than 400 […]
“How Time Flies” is a daily column in which we look back at what’s happening in our community and region through the Pantagraph archives. 100 years ago 27 August 1924: On Tuesday evening, Sept. 2, South Hill residents will celebrate the reopening of the fire station on South Main Street, known as No. 4, which […]
We recently published a list of The 10 best blue chip stocks under $100In this article, we will look at how Walmart Inc. (NYSE:WMT) compares to the other blue-chip stocks under $100. We are all wondering just one thing: Is the US economy heading for no landing, a soft landing or a hard landing? The […]
We recently published a list of The 10 best blue chip stocks under $100In this article, we will look at how Shell plc (NYSE:SHEL) compares to other blue-chip stocks under $100. We are all wondering just one thing: Is the US economy heading for no landing, a soft landing or a hard landing? The case […]
Wall Street breathed a sigh of relief this morning as initial jobless claims and retail sales for July underscored the resilience of the labor market and consumers in the face of ongoing inflationary pressures. Yung-Yu Ma, chief investment officer of BMO Wealth Management US, joins the Morning Brief to analyze the numbers and what they […]
