JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm
To at least one market veteran, the stock market’s resurgence after a string of bank failures and rapid interest rate…
Jobless claims increase more than expected to their highest since October 2021
First-time jobless claims rose sharply last week in a potential sign that the labor market is softening up after more…
‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts
Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…
Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid…
Former Fed Chair Ben Bernanke says there’s more work ahead to control inflation
WASHINGTON — Former Federal Reserve Chair Ben Bernanke, who guided the central bank and the U.S. economy through the Great…
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to…
Traders raise the chances for a Fed rate cut following April inflation report
Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will…
Inflation rate eases to 4.9% in April, less than expectations
A widely followed measure of inflation rose in April, though the pace of the annual increase provided some hope that…
Fed increases rates a quarter point and signals a potential end to hikes
The Federal Reserve on Wednesday approved its 10th interest rate increase in just a little over a year and dropped…
Here’s what to expect from today’s Federal Reserve announcement
There won’t be a lot of mystery surrounding what the Federal Reserve is going to do Wednesday with interest rates.…
