Fed launches probe into expanding private credit market
In 2023, the size of the non-bank financial institution sector increased by 8.5 percent, more than double the pace of banking ...
Wall Street's Four Bullish Views Will Likely Reverse
The stock market's behavior is the gauge by which we can measure Wall Street's attitude and outlook. Clearly, today's reading ...
US retail sales drop by most in two years amid fires, storms
U.S. retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a ...
Why Investors Shouldn’t Hold Their Breath for Interest Rate Cuts
A resilient job market, healthy economic growth, and high consumer demand point to an economy that’s in “an incredibly strong position,” explains PIMCO economist Tiffany Wilding. At the same time, ...
Fed's Logan calls for caution on rate cuts, even if inflation cools
Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation nears the Fed's 2% ...
US stocks pause after strong week as investors assess trade and inflation outlook
Wall Street closed mixed on Friday as investors took a breather after a strong week, digesting developments in global trade ...
Gold Bull Market Continues Due To Re-Accelerating Inflation
Gold is historically the best inflation hedge, currently in a bull market with strong potential returns, making it a top ...
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US retail sales plunged last month as consumers pulled back after busy holiday season
U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at ...
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Nothing will change with your child's 'Section 504' accommodations in SC schools, AG promises
The attorney general in South Carolina is assuring parents whose children rely on “Section 504” accommodations in school won't change.
S&P 500 closes little changed on Friday, but Wall Street notches weekly gains: Live updates
The Dow Jones Industrial Average shed 165.35 points, or 0.37%, closing at 44,546.08. The S&P 500 ticked down 0.01% to ...
US retail spending plunged last month, falling for the first time since August
American shoppers pulled back on their spending last month for the first time since August as stubborn inflation continued to ...
Retail sales post largest drop in nearly two years in January amid tariff uncertainty
Economists speculated that rising prices and uncertain economic outlook amid confusion over tariffs on imports were forcing consumers to tighten their purse strings.