How Jay Powell and the Fed pivoted back to higher for longer

finance.yahoo.com For months, Federal Reserve Chair Jay Powell offered assurances about rate cuts in 2024, arguing that hotter-than-expected inflation reports were all part of the "bumpy"…

State Street, with $3.6 trillion in assets, is counting on the Fed to slash interest rates

fortune.com State Street Global Advisors is standing by a contrarian call for the Federal Reserve to cut interest rate as soon as June despite a string of hot economic data that has…

The sobering message from the Fed: Interest rate cuts aren’t coming soon

washingtonpost.com Federal Reserve officials signaled a more sober tone this week, emphasizing that they’re in no rush to cut interest rate cuts this year. On Tuesday, Fed Chair Jerome H.…

Futures ease as bond yields stay elevated amid Middle East tensions

aol.com U.S. stock index futures edged lower on Tuesday, weighed by elevated Treasury yields as investors remained wary of the conflict in the Middle East, turning the lens on…

Americans are savings less these days. Here’s why and what that means

cnn.com Americans haven’t been stashing money into their savings accounts like they used to, according to government statistics. That’s part of the reason why consumer spending has…

Futures bounce back from last session's battering amid Middle East jitters

aol.com U.S. stock index futures rose on Monday, after Wall Street witnessed a bruising sell-off on the back of disappointing earnings from some big U.S. banks last week and…

Israel-Iran conflict will add to Fed’s caution on rate cuts as oil prices may disrupt inflation fight

aol.com Increased tension in the Middle East following Iran's attack on Israel likely gives the Federal Reserve even more cause to go slow on rate cuts, as a spike in oil prices…

Israel-Iran conflict adds to Fed's caution on rate cuts as oil prices may disrupt inflation fight

fortune.com Increased tension in the Middle East following Iran’s attack on Israel likely gives the Federal Reserve even more cause to go slow on rate cuts, as a spike in oil prices…

Americans are saving less these days. Here’s why and what that means

aol.com Americans haven’t been stashing money into their savings accounts like they used to, according to government statistics. That’s part of the reason why consumer spending has…

World Economy’s Great Escape Is No Comfort to the G-20

finance.yahoo.com If the world economy is heading for a soft landing there’ll be plenty of anxiety along the way, with Iran’s missile attack on Israel putting an exclamation point on global…

Musk has two weeks to turn the ship around, says Tesla bull who is losing faith

finance.yahoo.com For all the recent fretting about sticky inflation and interest rates staying high for longer, the S&P 500 sits just 1% shy of its record closing peak, and the Nasdaq…

Not Just Bitcoin: Gold’s Price Dropped 4% in Hours After Fed’s Latest Rate Cuts Comments

cryptopotato.com The cryptocurrency market is known and critiqued (by some) for its enhanced volatility, a good example of which it witnessed in the past 12 hours or so when prices tumbled,…

2 Fed officials urge patience before any interest rate cuts

finance.yahoo.com Kansas City Fed president Jeff Schmid said Friday he would prefer to hold interest rates steady and not cut rates until there is "convincing" evidence inflation is dropping.…

Wall St set for lower open as some big bank earnings disappoint

investing.com Wall Street's main stock indexes were on track for a lower open on Friday as most megacap growth stocks and chipmakers receded, while some big banks dipped after dour…

Stock Market Today: Stocks lower with bank earnings in focus; JP Morgan slides

thestreet.com Check back for updates throughout the trading day U.S. equity futures moved lower again Friday, while the dollar tested multi-month highs against its global peers, as…

Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings

aol.com None US stock futures treaded water on Friday ahead of the release of key bank earnings. • None JPMorgan, Wells Fargo, and BlackRock are among the Wall Street titans…

Futures steady ahead of big bank earnings

aol.com U.S. stock index futures traded in a tight range on Friday as investors awaited earnings reports from big U.S. banks to gauge how corporate America has been faring in the…