jerome powell

‘A lot of money on the sidelines’: Calamos Investments thinks ETFs should target CD, money market customers

There may be an untapped market for exchange-traded funds. According to Calamos investments’ Matt Kaufman, there are trillions of dollars…

U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%

The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, lifting hopes that the Federal…

Here’s what to expect from the April jobs report on Friday

Hiring likely continued at a brisk pace in April as investors look for any cracks in the labor market that…

U.S. issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow’s circumvention of Western…

Fed keeps rates steady as it notes ‘lack of further progress’ on inflation

WASHINGTON – The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a…

Why hundreds of U.S. banks may be at risk of failure

Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or…

Here’s everything to expect from the Fed meeting that will move markets on Wednesday

Faced with stubborn inflation that has raised concerns about where policy is headed, the Federal Reserve has been ensnared in…

Why the Fed keeping rates higher for longer may not be such a bad thing

With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well,…

Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025

If there was any doubt before, Federal Reserve Chair Jerome Powell has pretty much cemented the likelihood that there won’t…

High company valuations a ‘worry,’ IMF’s capital markets chief says

High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF’s…