Positive corporate earnings growth may spur additional, but slower, Fed rate hikes: Goldman Sachs
admin With nearly 74% of the companies in the S&P 500 that have reported earnings results…
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Treasury yields slip with 10-year ending at lowest since April despite inflation data
Treasury yields mostly fell on Friday as traders digested June inflation data that may impact…
Read MoreU.S. inflation surges again and stays at 40-year high, key price gauge shows
The numbers: A key gauge of U.S. inflation rose a sharp 1% in June, led…
Read MoreU.S. inflation surges again and stays at 40-year high, key price gauge shows
The numbers: A key gauge of U.S. inflation rose a sharp 1% in June, led…
Read More‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an…
Read MoreGold scores biggest one day rally since March, silver jumps nearly 7% due to Fed-inspired ‘short squeeze’
Gold and silver rose sharply on Thursday, with gold logging its biggest one-day percentage gain…
Read MoreOpinion: It will be the Fed’s fault if the economy crashes into recession
The Federal Reserve’s interest rate policy is one of the most important economic decisions that…
Read More‘Purchase demand continues to tumble’: Mortgage rates fluctuate, fall slightly on the back of the Fed’s rate hike
The 30-year fixed-rate mortgage averaged 5.3% for the week ending July 28, according to data…
Read MoreU.S. economy shrinks in the second quarter, GDP shows, and invites talk of recession
The numbers: The U.S. economy shrank at a annual 0.9% pace in the second quarter…
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Opinion: The Fed vowed to crush inflation with higher rates. Then the stock market rallied. Here’s why. (It’s not good news.)
‘‘We are now at levels broadly in line with our estimates of neutral interest rates,…
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