Why inflation may look like it’s easing but is still a huge problem
A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell |…
Asian Equities Climb as US Record High Lifts Mood: Markets Wrap
(Bloomberg) — Asian equities rose Thursday after US stocks set a fresh high ahead of inflation data that may define…
Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to…
Fed rate cuts should favor preferred stocks, Virtus fund manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…
Hurricane Helene recovery could cost $34 billion. Here’s who might pay
An aerial picture taken on September 28, 2024, shows storm damage in the aftermath of Hurricane Helene in Valdosta, Georgia.…
Private payrolls show better-than-expected growth of 143,000 in September, ADP says
Private sector hiring picked up in September, indicating the labor market is holding its ground despite some signs of weakness,…
David Tepper says the Fed has to cut rates at least two or three more times to keep credibility
David Tepper, founder and president of Appaloosa Management. David Orrell | CNBC Appaloosa Management’s David Tepper said investors should believe…
Inflation is slowing but the Fed’s next move is still up in the air
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market…
Former head of Dallas Fed Kaplan urges a half-point interest rate cut
If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…
Nasdaq leads stock declines while oil spikes on Iran attack
US stocks slid on Tuesday after Iran fired over 100 ballistic missiles at Israel, pushing oil prices for West Texas…
