US stock market’s powerhouses tested by soaring bond yields
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK Surging bond yields are rattling U.S. stocks, and some
2023-09-30 06:15
Defeating inflation without higher unemployment is still unlikely
US inflation is now much slower than last summer's red-hot pace, but it's not guaranteed it will drift all the way down to the Federal Reserve's 2% target without a sharp rise in unemployment. That possibility remains unlikely.
2023-09-24 19:22
Fed-wary investors eye mounting risks to US stock rally
By David Randall NEW YORK A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming
2023-09-23 04:53
US inflation is expected to keep slowing. Here's why
US inflation has slowed steadily from its four-decade peak last June, and it's expected to cool further thanks to easing car prices and rents. And if the US job market slows further, that could help bring it down even more.
2023-09-17 19:59
Wall St Week Ahead: Last Fed hike tends to aid stocks, but some have doubts this time
By Lewis Krauskopf NEW YORK The end of the Federal Reserve's rate hiking cycle has generally been a
2023-09-16 05:29
Wells Fargo CFO expects more layoffs ahead
By Nupur Anand NEW YORK Wells Fargo could see its headcount decline further as it aims to improve
2023-09-12 23:29
The problem with labor data in understanding inflation
US inflation has slowed markedly over the past year as the Federal Reserve raised interest rates aggressively to cool demand and slow price increases. The job market hasn't cooled as much and there's always speculation over what the latest monthly jobs report means for the Fed.
2023-09-10 19:57
Investor hopes for US soft landing ride on inflation data
By David Randall NEW YORK U.S. stock investors are turning their focus to next week’s inflation data, which
2023-09-09 06:27
Binance global head of product Mayur Kamat resigns - The Block
Binance's global head of product and design, Mayur Kamat, has resigned amid a string of executive exits and
2023-09-04 15:50
The Fed likely won't raise rates this month — but November is another matter
Last week's economic data increasingly gave investors hope that the Federal Reserve could hold interest rates steady this month, following a hike in July that brought rates to their highest level in 22 years. But the Fed hasn't ruled out additional rate increases, and that could still happen unless inflation slows further.
2023-09-03 20:20
Investors lower outlook for consumers as student loans, credit card debts pile up
By David Randall NEW YORK Signs of rising consumer stress are prompting some fund managers to grow more
2023-09-01 18:20
US consumer spending is expected to cool further but not fall off a cliff
After a remarkable summer of robust consumer spending and financial-market resilience, the US economy is widely expected to slow in the coming months as the Federal Reserve continues its historic inflation fight.
2023-08-27 19:48