Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlook
admin BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets…
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Fed hikes interest rate by half percentage point — benchmark rate seen topping out at 5.25%
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.5 percentage point and…
Read MoreImport prices fall for fifth month in a row to help ease U.S. inflation
The numbers: The cost of imported goods fell 0.6% in November and retreated for the…
Read MoreVanguard sees a recession in 2023 — and one ‘silver lining’ for investors
The last 12 months was a year of fast-rising inflation, fast-rising interest rates and fast-rising…
Read MoreU.S. stock futures fly high on cooler-than-expected inflation report
U.S. stock futures started soaring Tuesday on the heels of a closely watched inflation report…
Read MoreU.S. inflation slows again, CPI shows, as Fed prepares to raise interest rates
The numbers: The cost of living rose a scant 0.1% in November, the latest in…
Read MoreOpinion: Opinion: Household wealth falls $13.5 trillion, second worst drop on record
American households lost about $6.8 trillion in wealth over the first three quarters of 2022…
Read MoreDow on verge of a ‘golden cross,’ even as BlackRock predicts historic recession
Despite worries about inflation and an impending recession, there is at least one sign that…
Read MoreU.S. consumer sentiment improves in December as inflation worries ease
The numbers: The University of Michigan’s gauge of consumer sentiment rose to a preliminary December…
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Best stock picks for 2023: Here are Wall Street analysts’ favored choices
Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad…
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