Fed Minutes Lean on Inflation, Jobs Data For Rate Hike Direction

The Federal Reserve is likely to use incoming data, as opposed to a preferred policy path, to determine the size of future rate hikes. The minutes indicated that the pace of rate hikes would...

Fed Minutes Lean on Inflation, Jobs Data For Rate Hike Direction

The Federal Reserve is likely to use incoming data, as opposed to a preferred policy path, to determine the size of future rate hikes. The minutes indicated that the pace of rate hikes would...

Fed Minutes Lean on Inflation, Jobs Data For Rate Hike Direction

The Federal Reserve is likely to use incoming data, as opposed to a preferred policy path, to determine the size of future rate hikes. The minutes indicated that the pace of rate hikes would...

FOMC Minutes Preview: Here's What Wall Street Expects

FOMC Minutes Preview: Here's What Wall Street Expects There are a lot of irrational expectations surrounding today's FOMC minutes. On one hand the minutes are expected to detail the...

Trump once again says economic data is fake news

Donald Trump has assailed the government’s official economic data this summer by calling it “phony” or “fake news." He likes to say the “actual” number for jobs statistics or the inflation rate...

Futures Reverse Early Losses As Walmart Beat Sparks Relief Buying

Futures Reverse Early Losses As Walmart Beat Sparks Relief Buying US stock futures drifted modestly lower after hitting a 4-month high just above 4,300 during Monday's session,...

Gold Down, But Not Out; Charts Say “Upside Intact” as Just Below $1,800

By Barani Krishnan Investing.com -- Is the gold rally already over? Not quite, according to chart signals, although $20 drops or more in a day can be quite unnerving to longs in the game. The...

Analysts warn the stock market still has further to fall

The recent rally in the U.S. stock market will likely prove to be short-lived, according to Morgan Stanley analysts. Equities have climbed steadily high since mid-June, thanks to some weaker...

Tech companies shed workers even as the talent shortage rages on

July jobs report showed robust growth in job creation and a record-low unemployment rate. Many tech companies overhired during the pandemic and now need to trim staff and save money. More than a...

Economy: U.S. adds jobs despite recession fears

The smartest insight and analysis, from all perspectives, rounded up from around the web: After another stellar jobs report, it's time to give credit to the White House, said Paul Waldman in The...

Jobless claims rise to highest level in 2022

The number of Americans filing for unemployment benefits ticked higher last week. It is the highest level since mid-November. Continuing claims, or the number who are consecutively receiving...

What The July U.S. Jobs Report Says About The Great Resignation

The July jobs report adds evidence that the Great Resignation is an indication of talent shortages that could last for the long term. Amid concerns over inflation and potential recession,...

Futures Storm Higher As Nasdaq Bull Markets Sparks FOMO Chase

Futures Storm Higher As Nasdaq Bull Markets Sparks FOMO Chase US equity futures extended their post-CPI miss gains (for reasons laid out last night by Goldman's trading desk which...

Expert urges moderate Dems to spike spending bill for small businesses

Inflation continues to hover near a 41-year high. The Labor Department announced Wednesday that consumer prices rose by 8.5% over the last year. Last Friday, the monthly jobs report indicated that...

The Bombshell in the July Jobs Report

Even mainstream economists had forecast a 250,000 increase in jobs created in the official US Labor Dept. monthly jobs report for the period ending mid-July. The numbers came in at 528,000 in the...

Kudlow slams the FBI for raid of Trump's Mar-a-Lago home

More tonight on the FBI's outrageous and unprecedented raid on Donald Trump's Mar-a-Lago. Still, as of this reporting the Justice Department has failed to explain why the FBI raid was absolutely...

Critical report is expected to show price increases have EASED after hitting 40-year high in June

Consumer prices jumped 8.5 percent in July compared with a year earlier, the government said Wednesday. On a monthly basis, prices were unchanged from June to July, the smallest increase for more...

Homebuyers dial back amid affordability issues, shaky economy

Mortgage rates have whipsawed of late, falling for a couple of weeks in concert with moves in the bond market caused by the Federal Reserve hiking interest rates. "The purchase market continues to...

CPI Inflation Rate Is Finally Falling

CPI inflation rate eased to 8.5%, retreating from June's 9.1% inflation rate. Consumer demand has downshifted while Covid supply-chain snags are being ironed out. Dow Jones industrial average...

Futures Rise Ahead Of Closely Watched CPI Report

Futures Rise Ahead Of Closely Watched CPI Report US equity futures reversed earlier losses and traded modestly in the green in cautious, muted overnight action before US inflation...

Futures tick higher as investors brace for inflation data

- U.S. stock index futures edged higher on Wednesday ahead of keenly awaited consumer prices data, which will allow investors to determine if inflation is peaking and help calibrate their...

Critical report is expected to show price increases have EASED after hitting 40-year high in June

Consumer prices jumped 8.5 percent in July compared with a year earlier, the government said Wednesday. On a monthly basis, prices were unchanged from June to July, the smallest increase for more...

Homebuyers dial back amid affordability issues, shaky economy

The volatile mortgage market has kept some potential homebuyers on the sidelines. Mortgage rates have whipsawed of late, falling for a couple of weeks in concert with moves in the bond market...

White-hot inflation seen cooling in July but remaining near record high

The rapid pace of inflation likely cooled off slightly in July as gasoline prices fell and supply chain disruptions started to ease. However, that may provide little comfort to millions of...

The Bombshell in the July Jobs Report

Even mainstream economists had forecast a 250,000 increase in jobs created in the official US Labor Dept. monthly jobs report for the period ending mid-July. The numbers came in at 528,000 in the...

Homebuyers dial back amid affordability issues, shaky economy

Mortgage rates have whipsawed of late, falling for a couple of weeks in concert with moves in the bond market caused by the Federal Reserve hiking interest rates. "The purchase market continues to...

Plunge In Gas Prices Sparks Surge In Real Spending, But Low-Income Consumers Remain Stressed

Plunge In Gas Prices Sparks Surge In Real Spending, But Low-Income Consumers Remain Stressed In the aftermath of the recent plunge in gas prices, which has pulled the national average...

Snap reportedly planning employee layoffs after new hiring cuts

Snap Inc. is reportedly in the early stages of planning layoffs. The Verge reported Monday, citing people familiar with the plans, that the number of jobs cut remains unclear, as managers are...

U.S. stocks drift lower as investors await July inflation reading

U.S. stocks drifted lower Tuesday, with investors reluctant to make big bets a day ahead of inflation data that may decide the fate of the recent summer rally. On Monday, the Dow eked out a gain...

Fed considers full-percentage point rate hike and more: Tuesday's 5 things to know

CRUSHING INFLATION SOLUTION?: The scorching-hot July jobs report raises the risk of a full-percentage point interest rate increase when the Federal Reserve meets in September as policymakers try...

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