The Fed is not a ‘climate-policy maker,’ Powell says
admin The Federal Reserve has only a “narrow” role regarding climate change risks – to make…
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‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns
The Federal Reserve is likely to raise interest rates more than the markets now expect,…
Read MoreDow up nearly 400 points as pace of jobs growth, wage gains cool in December
U.S. stocks advanced Friday, with the Dow rising nearly 400 points, as monthly Labor Department…
Read MoreCiti has just cut its rating on U.S. stocks to underweight. Here’s why and what it prefers.
While leading indicators seem to be suggesting both that the U.S. economy is headed for…
Read MoreSouthwest sees flight cancellations costing up to $825 million
Southwest Airlines Co. warned Friday that it expects to report a surprise net loss for…
Read MoreADP says 235,000 private-sector jobs created in December
The numbers: Private-sector employment rose by 235,000 in December, payroll processor ADP said Thursday, in…
Read MoreNo Fed official expects an interest-rate cut to be appropriate this year, meeting minutes show
None of the 19 top Federal Reserve officials expect it will be appropriate to cut…
Read MoreISM shows weakness in U.S. factory activity spreading in December
The numbers: A closely-watched index that measures U.S. manufacturing activity slipped to 48.4 in December…
Read MoreU.S job openings stay high at 10.5 million and show labor market still very strong
The numbers: Job openings in the U.S. fell slightly to 10.46 million in November, but…
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18 stock picks in a ‘Goldilocks’ scenario for U.S. consumers
It may not have been a surprise to see the consumer discretionary sector of the…
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