Just how strong is the U.S. consumer? Here's what Wall Street has to say

The U.S. Federal Reserve has hiked interest rates by 225 basis points so far this year. One indicator that's likely to feature prominently in the Fed's thinking is the strength of the consumer....

Cramer's week ahead: Hot inflation numbers could push Fed to raise rates in August

CNBC's Jim Cramer said the Federal Reserve could raise interest rates in August, before its next scheduled meeting in September. "I'd be hard-pressed not to call a special Fed meeting this month...

Explainer-Trump says FBI is raiding his Florida estate. What legal woes does he face?

By Luc Cohen - Former U.S. President Donald Trump said on Monday that FBI agents raided his Mar-a-Lago estate in Palm Beach, Florida. Law enforcement officials did not immediately respond to...

Cramer’s week ahead: Hot inflation numbers could push Fed to raise rates in August

CNBC's Jim Cramer said the Federal Reserve could raise interest rates in August, before its next scheduled meeting in September. "I'd be hard-pressed not to call a special Fed meeting this month...

Gold Back Above $1,800 as Players Hedge Over Upcoming CPI

By Barani Krishnan Investing.com -- The likelihood of another Consumer Price Index shocker for markets is very much alive this week, though the question is whether the jolt will be to the upside...

Crucial week ahead will influence rate hiking cycle

A series of inflation reports due out this week could propel or break the market’s summer momentum. Investors will get the latest gauge of how quickly prices are rising across the U.S. economy...

Futures Storm Higher To Start The Week As "Most Hated Rally" Steamrolls Bears

Futures Storm Higher To Start The Week As "Most Hated Rally" Steamrolls Bears US equity futures rose to start the week as the "most hated meltup" continued just as we said it would...

Top 5 Things to Watch in Markets in the Week Ahead

By Noreen Burke Investing.com -- Wednesday’s July U.S. inflation data will be the main highlight in the week ahead after last Friday’s much stronger-than-anticipated jobs report quashed hopes that...

US Inflation Respite Won’t Divert Fed Rate-Hike Plans: Eco Week

Consumer price index is seen rising 0.2% in July from a month earlier. The so-called core measure, which strips out energy and food, probably climbed a concerning 0.5%. While moderation in the...

With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic

U.S. job growth accelerated in July across nearly all industries, restoring nationwide employment to its prepandemic level. Employers added 528,000 jobs on a seasonally adjusted basis, more than...

Michigan cuts ties with embattled hockey coach Mel Pearson

ANN ARBOR, Mich. (AP) — The University of Michigan has cut ties with hockey coach Mel Pearson.The school announced its decision on Friday. Pearson's contract expired after last season and he had...

Justice Thomas' Withdrawal From GWU Exposes The Growing "Unavailability" Of Diverse Opinions In Higher Education

Justice Thomas' Withdrawal From GWU Exposes The Growing "Unavailability" Of Diverse Opinions In Higher Education Authored by Jonathan Turley, Below is my column in USA Today on the...

Chances of climate catastrophe are ignored, scientists say

Experts are ignoring the worst possible climate change catastrophic scenarios, including collapse of society or the potential extinction of humans, however unlikely, a group of top scientists...

Futures, Oil Fall As Searing Rally Wobbles

Futures, Oil Fall As Searing Rally Wobbles While European and Asian stocks have extended the blistering July rally to start August, US futures remain have traded in the red in the...

I Don’t Care, I Love It!"

"I Don’t Care, I Love It!" By Peter Tchir of Academy Securities I Don’t Care, I Love It! This market took everything that was thrown at it and just ran with it! “Bad” news helped...

Is Pro-Life Now Hate Speech?

Is Pro-Life Now Hate Speech? Authored by Jonathan Turley, Below is my column in The Hill on a shift in the rhetoric in the aftermath of the overturning of Roe v. Wade. From...

Enough With The Focus On Jobs: They Will Tell You Nothing About The Recession

Enough With The Focus On Jobs: They Will Tell You Nothing About The Recession Yesterday we joked that the same economists who a year ago were droning on that inflation was transitory...

Oil Has Another Monthly Loss for July, Bulls Hedge on OPEC Meet

Breaking News By Barani Krishnan Investing.com -- For the oil market, the fear of OPEC is greater than the fear of an implied U.S. recession. U.S. crude rose for a third time this but still...

Fed's aggressive rate-hike path bolstered by new inflation, wage data

Inflation by the Fed's preferred measure, the personal consumption expenditures price index, jumped 6.8% in June. The rise in core prices - excluding food and energy prices and used as an...

Fed's aggressive rate-hike path bolstered by new inflation, wage data

By Ann Saphir and Howard Schneider - Federal Reserve Chair Jerome Powell said this week he's looking for compelling signs that inflation is cooling before the U.S. central bank will let up on...

The Fed's preferred inflation measure set a new 40-year high in June

The PCE index rose by 6.8% in June as compared to the same period last year. That surpasses the previous 40-year high of 6.6% in March of this year. It falls just shy of the 6.9% year-over-year...

Oil Eyes Another Monthly Loss for July, But Holds Above $100 Pre-OPEC

By Barani Krishnan Investing.com -- For the oil market, the fear of OPEC is greater than the fear of an implied U.S. recession. U.S. crude returned above the key $100 per barrel the first time...

How bacon and Costco fish shape America’s view of inflation

Inflation started in the bacon aisle for Dan Burnett, 58, a former medical center administrator. He began driving 45 miles to shop at Aldi and Walmart, hoping to score better deals. “My biggest...

The power of silence in a deafening world

Getty Images Why there’s more noise, and more kinds of it — and why it might be ruining our focus. Part of the July 2022 issue of The Highlight, our home for ambitious stories that...

Marketmind: The consumer's deep pockets and short arms

A look at the day ahead in markets from Anshuman Daga. If markets were looking for more news to support the recent Fed-induced optimism, then earnings scorecards from Apple and Amazon...

Biden shrugs off recession talk, talks up fighting inflation

WASHINGTON (AP) — President Joe Biden and his administration went all out Thursday to play down a troubling new economic report that added to the evidence of a recession, trying to pull focus...

Last Minute Thought: Buy or Sell Amazon Stock Before Earnings?

A range of notable names are lined up to report results today. Earnings season is in full swing — and a range of companies are reporting results. Some of the biggest names in the industry are set...

New study finds conclusive evidence that head trauma leads to CTE

For the first time, conclusive evidence has been found that repeated head trauma leads to chronic traumatic encephalopathy (CTE), an incurable brain disease.Why it matters: A new study, carried...

The global recession drum beat is getting louder

By Sujata Rao, Dhara Ranasinghe and Vincent Flasseur LONDON - Sharply higher interest rates, red-hot inflation and a prolonged energy crisis are leading to conviction that the world economy is...

How U.S. Inflation Expectations Are Being Shaped by Consumer Choices

Inflation started in the bacon aisle for Dan Burnett, a 58-year-old former medical center administrator. He began driving 45 miles to shop at Aldi and Walmart, hoping to score better deals. He...

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