Fed Quits Global Climate Risk Group Ahead of Trump Presidency
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.” ...
Federal Reserve withdraws from global regulatory climate change group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...
Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority ...
Wall Street Has No Clue What the Fed Will Do in 2025
Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
The U.S. dollar has never been stronger, by one measure. That could create problems for investors.
A strong dollar makes money earned abroad worth less in dollar terms, raising the possibility that currency-translation effects might cause companies to miss Wall Street's targets for sales and ...
Why you should buy the 493 other S&P 500 stocks — and not the Mag 7
The "Magnificent Seven" continue to dominate the investor landscape, but don't forget that there are 493 other names in the S ...
US inflation likely remained sticky-high last month, threatening interest rate cuts
Fed Chair Jerome Powell has said the central bank will keep its key interest rate elevated until inflation is back to 2%. As ...
Stock Market Today: Dow ends higher, while S&P 500 scores intraday comeback; Nasdaq weighed by falling tech shares
The S&P 500 and Nasdaq have both felt pressure as shares of major tech companies came under pressure Monday. Investors ...
JPMorgan, Citi, Wells Fargo and Goldman's earnings results may boost banks stocks further
Among the group, Goldman Sachs turned in the strongest stock performance in 2024 with a gain of 48.4%, followed by a 42.7% rise from Wells Fargo, a 40.9% gain by JPMorgan Chase, a 36.8% jump by ...